Financials
39 companies side by side, each showing its newest quarter, so you can see who is big in the sector and who turns it into profit. That is 76 minus the 37 whose statement we cannot draw; they are listed at the foot of the page.
| Company | Revenue, one quarter | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|
| BRK.B Berkshire Hathaway Q2 FY26 Year over year +10% Operating margin 15% Net margin 25% | $101.8B | +10% | 15% | $25.7B | 25% |
| JPM JPMorganChase Q2 FY26 Year over year +28% Operating margin 48% Net margin 37% | $57.3B | +28% | 48% | $21.2B | 37% |
| GS Goldman Sachs Q2 FY26 Year over year +39% Operating margin 42% Net margin 33% | $20.3B | +39% | 42% | $6.6B | 33% |
| COF Capital One Q1 FY26 Year over year +52% Operating margin 18% Net margin 14% | $15.2B | +52% | 18% | $2.2B | 14% |
| V Visa Q2 FY26 Year over year +17% Operating margin 64% Net margin 54% | $11.2B | +17% | 64% | $6.0B | 54% |
| MA Mastercard Q2 FY26 Year over year +14% Operating margin 60% Net margin 47% | $9.3B | +14% | 60% | $4.4B | 47% |
| PYPL PayPal Q1 FY26 Year over year +7% Operating margin 18% Net margin 13% | $8.4B | +7% | 18% | $1.1B | 13% |
| USB U.S. Bancorp Q2 FY26 Year over year +10% Operating margin 35% Net margin 28% | $7.7B | +10% | 35% | $2.2B | 28% |
| MRSH Marsh McLennan Q2 FY26 Year over year +6% Operating margin 26% Net margin 17% | $7.4B | +6% | 26% | $1.3B | 17% |
| HIG Hartford Q2 FY26 Year over year +8% Operating margin 17% Net margin 18% | $7.3B | +8% | 17% | $1.3B | 18% |
| PNC PNC Financial Services Q2 FY26 Year over year +21% Operating margin 38% Net margin 30% | $6.9B | +21% | 38% | $2.0B | 30% |
| XYZ Block Q2 FY26 Year over year +9% Operating margin 7% Net margin 1% | $6.6B | +9% | 7% | $0.1B | 1% |
| KKR KKR & Co. Q2 FY26 Year over year +13% Operating margin 24% Net margin 12% | $5.7B | +13% | 24% | $0.7B | 12% |
| FISV Fiserv Q2 FY26 Year over year −4% Operating margin 19% Net margin 12% | $5.3B | −4% | 19% | $0.6B | 12% |
| AMP Ameriprise Financial Q2 FY26 Year over year +12% Operating margin 30% Net margin 22% | $5.0B | +12% | 30% | $1.1B | 22% |
| L Loews Q2 FY26 Year over year +4% Operating margin 13% Net margin 9% | $4.7B | +4% | 13% | $0.4B | 9% |
| CINF Cincinnati Financial Q2 FY26 Year over year +32% Operating margin 37% Net margin 29% | $4.3B | +32% | 37% | $1.3B | 29% |
| STT State Street Q2 FY26 Year over year +17% Operating margin 34% Net margin 27% | $4.0B | +17% | 34% | $1.1B | 27% |
| AJG Arthur J. Gallagher & Co. Q2 FY26 Year over year +24% Operating margin 10% Net margin 8% | $4.0B | +24% | 10% | $0.3B | 8% |
| ICE Intercontinental Exchange Q2 FY26 Year over year +11% Operating margin 39% Net margin 27% | $3.6B | +11% | 39% | $1.0B | 27% |
| AIZ Assurant Q2 FY26 Year over year +9% Operating margin 11% Net margin 9% | $3.5B | +9% | 11% | $0.3B | 9% |
| FIS Fidelity National Information Services Q2 FY26 Year over year +29% Operating margin 15% Net margin 7% | $3.4B | +29% | 15% | $0.2B | 7% |
| GPN Global Payments Q2 FY26 Year over year +70% Operating margin 10% Net margin 0% | $3.3B | +70% | 10% | $<0.1B | 0% |
| NDAQ Nasdaq Q2 FY26 Year over year +21% Operating margin 28% Net margin 20% | $2.5B | +21% | 28% | $0.5B | 20% |
| WTW Willis Towers Watson Q2 FY26 Year over year +9% Operating margin 12% Net margin 9% | $2.5B | +9% | 12% | $0.2B | 9% |
| BEN Franklin Resources Q3 FY26 Year over year +14% Operating margin 9% Net margin 7% | $2.4B | +14% | 9% | $0.2B | 7% |
| MCO Moody's Q2 FY26 Year over year +15% Operating margin 48% Net margin 40% | $2.2B | +15% | 48% | $0.9B | 40% |
| TROW T. Rowe Price Q4 FY25 Year over year +6% Operating margin 24% Net margin 23% | $1.9B | +6% | 24% | $0.4B | 23% |
| COIN Coinbase Q3 FY25 Year over year +55% Operating margin 26% Net margin 23% | $1.9B | +55% | 26% | $0.4B | 23% |
| IVZ Invesco Q2 FY26 Year over year +20% Operating margin 20% Net margin 19% | $1.8B | +20% | 20% | $0.3B | 19% |
| CME CME Q2 FY26 Year over year +1% Operating margin 78% Net margin 61% | $1.7B | +1% | 78% | $1.0B | 61% |
| GL Globe Life Q2 FY26 Year over year +8% Operating margin 22% Net margin 18% | $1.6B | +8% | 22% | $0.3B | 18% |
| CBOE Cboe Global Markets Q2 FY26 Year over year +23% Operating margin 33% Net margin 24% | $1.4B | +23% | 33% | $0.4B | 24% |
| CPAY Corpay Q2 FY26 Year over year +22% Operating margin 35% Net margin 19% | $1.3B | +22% | 35% | $0.2B | 19% |
| ARES Ares Management Q1 FY26 Year over year +29% Operating margin 18% Net margin 11% | $1.3B | +29% | 18% | $0.1B | 11% |
| ERIE Erie Indemnity Q1 FY26 Year over year +2% Operating margin 16% Net margin 15% | $1.0B | +2% | 16% | $0.2B | 15% |
| MSCI MSCI Q2 FY26 Year over year +12% Operating margin 56% Net margin 39% | $0.9B | +12% | 56% | $0.3B | 39% |
| JKHY Jack Henry & Associates Q4 FY26 Year over year +5% Operating margin 21% Net margin 17% | $0.6B | +5% | 21% | $0.1B | 17% |
| FDS FactSet Q3 FY26 Year over year +6% Operating margin 27% Net margin 20% | $0.6B | +6% | 27% | $0.1B | 20% |
Diagrams
the 9 largestCost of revenue Operating expenses Tax and other Net profit, or operating profit where the bar ends there
In the bar on each card, every block is its share of revenue. Where income from outside revenue lifted profit above what operations earned, the bar ends at that operating profit: revenue cannot account for the rest, and the net margin is on the card.
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Berkshire HathawayApr–Jun 2026 · reported Aug 10, 2026Revenue $101.8B +10% Net margin 25%
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JPMorganChaseApr–Jun 2026 · reported Aug 6, 2026Revenue $57.3B +28% Net margin 37% -
Goldman SachsApr–Jun 2026 · reported Aug 3, 2026Revenue $20.3B +39% Net margin 33%
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Capital OneJan–Mar 2026 · reported May 7, 2026Revenue $15.2B +52% Net margin 14%
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VisaJan–Mar 2026 · reported Apr 29, 2026Revenue $11.2B +17% Net margin 54%
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MastercardApr–Jun 2026 · reported Jul 30, 2026Revenue $9.3B +14% Net margin 47% -
PayPalJan–Mar 2026 · reported May 5, 2026Revenue $8.4B +7% Net margin 13%
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U.S. BancorpApr–Jun 2026 · reported Aug 6, 2026Revenue $7.7B +10% Net margin 28%
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Marsh McLennanApr–Jun 2026 · reported Jul 21, 2026Revenue $7.4B +6% Net margin 17%
The rest of the sector
37 companies- AFL Aflac different statement
- ALL Allstate different statement
- AXP American Express different statement
- AIG American International Group different statement
- AON Aon plc different statement
- APO Apollo Global Management not yet
- ACGL Arch Capital Group not yet
- BNY BNY Mellon not yet
- BAC Bank of America different statement
- BLK BlackRock different statement
- BX Blackstone Inc. not yet
- BRO Brown & Brown not yet
- SCHW Charles Schwab Corporation different statement
- CB Chubb Limited different statement
- C Citigroup different statement
- CFG Citizens Financial Group not yet
- EG Everest Group not yet
- FITB Fifth Third Bancorp not yet
- HBAN Huntington Bancshares not yet
- IBKR Interactive Brokers not yet
- KEY KeyCorp not yet
- MTB M&T Bank not yet
- MET MetLife different statement
- MS Morgan Stanley different statement
- NTRS Northern Trust not yet
- PFG Principal Financial Group not yet
- PGR Progressive Corporation different statement
- PRU Prudential Financial different statement
- RJF Raymond James Financial not yet
- RF Regions Financial Corporation not yet
- HOOD Robinhood Markets not yet
- SPGI S&P Global different statement
- SYF Synchrony Financial not yet
- TRV Travelers Companies (The) different statement
- TFC Truist Financial not yet
- WRB W. R. Berkley Corporation not yet
- WFC Wells Fargo different statement
New results in your inbox
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