Oppenheimer Holdings (OPY) Operating Margin (2018 - 2026)

Oppenheimer Holdings (OPY) posted quarterly Operating Margin of 8.67% for Q2 2026, up 4.0% year-over-year from 8.34% in Q2 2025, and up 242.95% on a QoQ basis from 6.07% in Q1 2026.

Oppenheimer Holdings (OPY) Operating Margin (2018 - 2026) Analysis & Trends

Oppenheimer Holdings has reported Operating Margin for 9 years, with the latest figure at 8.67% in Q2 2026.

  • Operating Margin for Q2 2026 came in at 8.67%, up 4.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 8.35% (down 11.0% YoY), and the FY2025 annual result was 12.89%, up 551.0% from the prior year.
  • Operating Margin advanced to 8.67% in Q2 2026, from 6.07% in the prior quarter.
  • Over five years, Operating Margin peaked at 22.42% in Q4 2025 and troughed at 6.07% in Q1 2026.
  • A 5-year average of 6.19% and a median of 6.41% in 2023 frame the typical range for Operating Margin.
  • The widest annual swing landed in 2025, when Operating Margin soared 1788 bps; it then plunged 1732 bps in 2026.
  • A 5-year view of Operating Margin shows it stood at 9.65% in 2022, then slumped by 40 bps to 5.78% in 2023, then retreated by 21 bps to 4.55% in 2024, then surged by 393 bps to 22.42% in 2025, then sank by 61 bps to 8.67% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 8.67% in Q2 2026, 6.07% in Q1 2026, and 22.42% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 149.71%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 35.93%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -161.28%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Oppenheimer Holdings 1.25 Bn -303.46 Mn - 8.67%

Historic Data

Download Data
DateValue
Jun 30, 2026 8.67%
Mar 31, 2026 -6.07%
Dec 31, 2025 22.42%
Sep 30, 2025 7.45%
Jun 30, 2025 8.63%
Mar 31, 2025 11.25%
Dec 31, 2024 4.55%
Sep 30, 2024 9.47%
Jun 30, 2024 4.80%
Mar 31, 2024 10.61%
Dec 31, 2023 5.78%
Sep 30, 2023 6.90%
Jun 30, 2023 -3.82%
Mar 31, 2023 5.92%
Dec 31, 2022 9.65%
Sep 30, 2022 2.46%
Jun 30, 2022 -2.60%
Mar 31, 2022 5.34%
Dec 31, 2021 25.18%
Sep 30, 2021 11.86%