Filing Flows › US Bancorp (USB) › Q2 2026 › vs Q1 2026
US Bancorp (USB) Q2 2026 vs Q1 2026 (quarter over quarter)
US Bancorp's revenue rose $424M (+6%) from $7.3B in Q1 2026 to $7.7B in Q2 2026. Operating margin 35.3% against 33.2% (+2.1 pts).
US Bancorp, Q2 2026: revenue $7.7B (+10% year over year), operating margin 35.3%, net earnings $2.2B, operating cash flow $4.8B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 35.3% | 33.2% | +2.1 pts |
| Net margin | 28.3% | 26.8% | +1.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $7.7B | $7.3B | $424M | +6% |
| Operating profit | $2.7B | $2.4B | $301M | +12% |
| Costs & expenses | $5.0B | $4.9B | $123M | +3% |
| Pre-tax earnings | $2.7B | $2.4B | $301M | +12% |
| Sales & marketing | $216M | $217M | −$1.0M | -0.5% |
| Other operating costs | $4.8B | $4.7B | $124M | +3% |
| Net earnings | $2.2B | $1.9B | $233M | +12% |
| Income tax | $537M | $469M | $68.0M | +14% |
| Working capital & other | $2.6B | −$610M | $3.2B | — |
| Operating cash flow | $4.8B | $1.3B | $3.5B | +260% |
Questions
How much did US Bancorp's revenue grow quarter over quarter in Q2 2026?
US Bancorp's revenue rose $424M (+6%) from $7.3B in Q1 2026 to $7.7B in Q2 2026. Operating margin 35.3% against 33.2% (+2.1 pts).