WFC Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), WFC reported revenue of $33.6B, gross profit of $21.7B (64.6% gross margin), operating income of $8.0B, and net income of $6.4B (19.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
WFC was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
WFC Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $33.6B | 100% |
| Cost of Revenue | −$11.9B | 35.4% |
| Gross Profit | $21.7B | 64.6% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$11.5B | 34.2% |
| Other Operating Expenses | −$2.2B | 6.5% |
| Operating Income | $8.0B | 24.0% |
| Interest Expense | −$11.0B | 32.7% |
| Income Tax Expense | −$1.4B | 4.2% |
| Net Income | $6.4B | 19.1% |
Source: WFC filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.