Filing Flows › US Bancorp (USB) › Operating margin
US Bancorp (USB) operating margin by quarter
US Bancorp's operating margin was 35.1% in Q3 2026 (third quarter 2026), -0.1 pts from Q2 2026. Over the last 7 quarters it ranged from 31.0% (Q1 2025) to 35.3% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 35.1% | -0.1 pts | +0.6 pts |
| Q2 2026 | 35.3% | +2.1 pts | +2.5 pts |
| Q1 2026 | 33.2% | -1.2 pts | +2.2 pts |
| Q4 2025 | 34.4% | -0.2 pts | — |
| Q3 2025 | 34.5% | +1.8 pts | — |
| Q2 2025 | 32.7% | +1.7 pts | — |
| Q1 2025 | 31.0% | — | — |
Q3 2026 at a glance
US Bancorp, Q3 2026: revenue $8.0B (+9% year over year), operating margin 35.1%, net earnings $2.2B, operating cash flow $3.8B. The chart follows the revenue to costs, profit and cash.
Questions
What is US Bancorp's operating margin?
US Bancorp's operating margin was 35.1% in Q3 2026 (third quarter 2026), -0.1 pts from Q2 2026.
How has US Bancorp's operating margin changed?
Over the last 7 quarters it ranged from 31.0% (Q1 2025) to 35.3% (Q2 2026).