Filing Flows › Wells Fargo (WFC) › Q3 2026
Wells Fargo (WFC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Wells Fargo (WFC) reported revenue of $21.9B for the third quarter 2026 (Q3 2026), +2% from a year earlier and -3% from the quarter before. Operating margin was 32.5%, net earnings $6.0B (27.2% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.9B | -3% | +2% |
| Operating profit | $7.1B | -12% | +3% |
| Net earnings | $6.0B | -7% | +6% |
| Operating cash flow | $8.9B | +31% | — |
What changed
Revenue was $21.9B in Q3 2026, up 2% year over year and down 3% from the previous quarter.
Operating profit was $7.1B, a 32.5% margin (up 0.2 points year over year). Of the extra revenue versus Q3 2025, 44% reached operating profit, above the 32% margin then. Total costs grew 2% against revenue growth of 2%. The fastest-growing cost line was Sales & marketing (+14%). Net earnings were $6.0B, up 6% year over year. The effective tax rate was 16.4%.
Operating cash flow was $8.9B, 149% of net earnings. Non-cash charges added back $1.8B of depreciation and amortization. Working capital and other items added $1.1B.
Questions
What was Wells Fargo's revenue in the third quarter 2026?
Wells Fargo (WFC) reported revenue of $21.9B for the third quarter 2026 (Q3 2026), +2% from a year earlier and -3% from the quarter before.
Was Wells Fargo profitable in the third quarter 2026?
Operating profit was $7.1B (32.5% of revenue) and net earnings $6.0B.
Source: Wells Fargo 10-Q on SEC EDGAR.