Filing Flows › Wells Fargo (WFC) › Operating margin
Wells Fargo (WFC) operating margin by quarter
Wells Fargo's operating margin was 32.5% in Q3 2026 (third quarter 2026), -3.1 pts from Q2 2026. Over the last 5 quarters it ranged from 27.9% (Q1 2026) to 35.6% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 32.5% | -3.1 pts | +0.2 pts |
| Q2 2026 | 35.6% | +7.7 pts | — |
| Q1 2026 | 27.9% | -2.8 pts | — |
| Q4 2025 | 30.7% | -1.6 pts | — |
| Q3 2025 | 32.2% | — | — |
Q3 2026 at a glance
Wells Fargo, Q3 2026: revenue $21.9B (+2% year over year), operating margin 32.5%, net earnings $6.0B, operating cash flow $8.9B. The chart follows the revenue to costs, profit and cash.
Questions
What is Wells Fargo's operating margin?
Wells Fargo's operating margin was 32.5% in Q3 2026 (third quarter 2026), -3.1 pts from Q2 2026.
How has Wells Fargo's operating margin changed?
Over the last 5 quarters it ranged from 27.9% (Q1 2026) to 35.6% (Q2 2026).