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UBS Group AG (UBS) H1 2026 earnings results (H1 2026)
6-K filed Jul 29, 2026
UBS Group AG (UBS) reported revenue of $27.9B for the H1 2026 (H1 2026), +13% from a year earlier. Operating margin was 26.6%, net earnings $5.9B (21.0% of revenue).
UBS Group AG, H1 2026: revenue $27.9B (+13% year over year), operating margin 26.6%, net earnings $5.9B, operating cash flow $8.1B. The chart follows the revenue to costs, profit and cash.
| H1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.9B | — | +13% |
| Operating profit | $7.4B | — | +72% |
| Net earnings | $5.9B | — | +43% |
| Operating cash flow | $8.1B | — | -61% |
What changed
Revenue was $27.9B in H1 2026, up 13% year over year.
Operating profit was $7.4B, a 26.6% margin (up 9.1 points year over year). Of the extra revenue versus a year earlier, 95% reached operating profit, above the 18% margin then. Total costs grew 1% against revenue growth of 13%. Net earnings were $5.8B, up 43% year over year. The effective tax rate was 21.1%.
Operating cash flow was $8.1B (down 61% year over year), 137% of net earnings. Working capital and other items added $2.2B.
Questions
What was UBS Group AG's revenue in the H1 2026?
UBS Group AG (UBS) reported revenue of $27.9B for the H1 2026 (H1 2026), +13% from a year earlier.
Was UBS Group AG profitable in the H1 2026?
Operating profit was $7.4B (26.6% of revenue) and net earnings $5.9B.
Source: UBS Group AG 6-K on SEC EDGAR.