Filing Flows › Wells Fargo (WFC) › Q2 2026 › vs Q1 2026
Wells Fargo (WFC) Q2 2026 vs Q1 2026 (quarter over quarter)
Wells Fargo's revenue rose $1.2B (+5%) from $21.4B in Q1 2026 to $22.6B in Q2 2026. Operating margin 35.6% against 27.9% (+7.7 pts).
Wells Fargo, Q2 2026: revenue $22.6B (+9% year over year), operating margin 35.6%, net earnings $6.4B, operating cash flow $6.8B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 35.6% | 27.9% | +7.7 pts |
| Net margin | 28.3% | 24.5% | +3.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $22.6B | $21.4B | $1.2B | +5% |
| Operating profit | $8.0B | $6.0B | $2.1B | +35% |
| Costs & expenses | $14.6B | $15.5B | −$890M | -6% |
| Pre-tax earnings | $8.0B | $6.0B | $2.1B | +35% |
| Sales & marketing | $361M | $369M | −$8.0M | -2% |
| Other operating costs | $14.2B | $15.1B | −$882M | -6% |
| Net earnings | $6.4B | $5.3B | $1.2B | +22% |
| Minority interests | $238M | $37.0M | $201M | +543% |
| Income tax | $1.4B | $691M | $711M | +103% |
| Depreciation & amortization | $1.9B | $1.8B | $41.0M | +2% |
| Working capital & other | $1.5B | −$2.1B | $3.6B | — |
| Operating cash flow | $6.8B | $9.1B | −$2.4B | -26% |
Questions
How much did Wells Fargo's revenue grow quarter over quarter in Q2 2026?
Wells Fargo's revenue rose $1.2B (+5%) from $21.4B in Q1 2026 to $22.6B in Q2 2026. Operating margin 35.6% against 27.9% (+7.7 pts).