Margarita is an ABS-CBN teleserye starring Wendy Valdez of Pinoy Big Brother: Season 2. First announced by Valdez in a guest appearance on The Buzz, the series was promoted as "the most controversial and boldest TV series." It aired on ABS-CBN's Primetime Bida slot at 6 PM.

Margarita is a story of young woman who, in her desire to give her family the best life she can imagine, ends up working as a showgirl. She gets paid by giving entertainment and enticing the fantasies of many men. But deep inside, Margarita dreams of a better life and longs for happiness and true love.

The series ended with an incomplete storyline on September 21, 2007, having lasted less than two months on the air.