Filing Flows › Wells Fargo (WFC) › Q3 2026 › vs Q2 2026
Wells Fargo (WFC) Q3 2026 vs Q2 2026 (quarter over quarter)
Wells Fargo's revenue fell $752M (-3%) from $22.6B in Q2 2026 to $21.9B in Q3 2026. Operating margin 32.5% against 35.6% (-3.1 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 32.5% | 35.6% | -3.1 pts |
| Net margin | 27.2% | 28.3% | -1.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $21.9B | $22.6B | −$752M | -3% |
| Operating profit | $7.1B | $8.0B | −$949M | -12% |
| Costs & expenses | $14.8B | $14.6B | $197M | +1% |
| Pre-tax earnings | $7.1B | $8.0B | −$949M | -12% |
| Sales & marketing | $337M | $361M | −$24.0M | -7% |
| Other operating costs | $14.4B | $14.2B | $221M | +2% |
| Loss borne by minority interests | $14.0M | −$238M | $252M | — |
| Net earnings | $6.0B | $6.4B | −$456M | -7% |
| Income tax | $1.2B | $1.4B | −$241M | -17% |
| Depreciation & amortization | $1.8B | $1.9B | −$34.0M | -2% |
| Working capital & other | $1.1B | −$1.5B | $2.6B | — |
| Operating cash flow | $8.9B | $6.8B | $2.1B | +31% |
Questions
How much did Wells Fargo's revenue grow quarter over quarter in Q3 2026?
Wells Fargo's revenue fell $752M (-3%) from $22.6B in Q2 2026 to $21.9B in Q3 2026. Operating margin 32.5% against 35.6% (-3.1 pts).