Filing Flows › Unilever (UL) › H1 2026 › vs H2 2025
Unilever (UL) H1 2026 vs H2 2025 (quarter over quarter)
Unilever's revenue rose $626M (+3%) from $25.0B in H2 2025 to $25.6B in H1 2026. Operating margin 19.1% against 17.1% (+2.0 pts).
Unilever, H1 2026: revenue $25.6B (-15% year over year), operating margin 19.1%, net earnings $3.0B. The chart draws each line against H2 2025, the increases inside each band.
Margins
| H1 2026 | H2 2025 | Change | |
|---|---|---|---|
| Operating margin | 19.1% | 17.1% | +2.0 pts |
| Net margin | 11.8% | 25.4% | -13.6 pts |
Every line
| Line | H1 2026 | H2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $25.6B | $25.0B | $626M | +3% |
| Operating profit | $4.9B | $4.3B | $610M | +14% |
| Costs & expenses | $20.7B | $20.7B | $16.0M | +0.1% |
| Pre-tax earnings | $4.7B | $7.9B | −$3.3B | -41% |
| Other expense, net | $226M | −$3.6B | $3.9B | — |
| Net earnings | $3.0B | $6.4B | −$3.3B | -52% |
| Minority interests | $263M | $243M | $20.0M | +8% |
| Income tax | $1.4B | $1.3B | $51.0M | +4% |
Questions
How much did Unilever's revenue grow quarter over quarter in H1 2026?
Unilever's revenue rose $626M (+3%) from $25.0B in H2 2025 to $25.6B in H1 2026. Operating margin 19.1% against 17.1% (+2.0 pts).