Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 43.14% is 11% above its 5-year average of 38.77%, near the high end of its 5-year range (31.01%–45.39%).
0.49% below its 12-month average of 43.35%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
43.14%
OPERATING MARGIN AVG TTM
43.35%
OPERATING MARGIN AVG 3Y
42.17%
OPERATING MARGIN AVG 5Y
38.77%
OPERATING MARGIN AVG 10Y
34.27%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.49%
CURRENT VS 3Y AVG
+2.30%
CURRENT VS 5Y AVG
+11.26%
CURRENT VS 10Y AVG
+25.87%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+208.14%
vs the sector median at left
Arista Networks, Inc.
Market Cap
$242.93B
Operating Margin
43.14%
TTM Avg
43.35%
3Y Avg
42.17%
5Y Avg
38.77%
Market Cap
$238.93B
Operating Margin
41.69%
TTM Avg
41.47%
3Y Avg
39.51%
5Y Avg
38.95%
Market Cap
$238.90B
Operating Margin
37.29%
TTM Avg
34.50%
3Y Avg
40.37%
5Y Avg
41.85%
Market Cap
$226.06B
Operating Margin
17.86%
TTM Avg
17.27%
3Y Avg
15.98%
5Y Avg
14.06%
Market Cap
$261.25B
Operating Margin
61.19%
TTM Avg
61.19%
3Y Avg
11.82%
5Y Avg
2.86%
Market Cap
$273.11B
Operating Margin
6.05%
TTM Avg
9.77%
3Y Avg
8.42%
5Y Avg
3.85%
Market Cap
$211.59B
Operating Margin
-2.21%
TTM Avg
-4.57%
3Y Avg
-4.43%
5Y Avg
-6.35%
Market Cap
$205.81B
Operating Margin
16.71%
TTM Avg
1.92%
3Y Avg
-0.61%
5Y Avg
-3.16%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $242.93B | 43.14% | 43.35% | 42.17% | 38.77% |
| SAP SE (SAP)vs › | $243.69B | 26.78% | 19.89% | 19.60% | 21.00% |
| KLA Corporation (KLAC)vs › | $238.93B | 41.69% | 41.47% | 39.51% | 38.95% |
| Texas Instruments Incorporated (TXN)vs › | $238.90B | 37.29% | 34.50% | 40.37% | 41.85% |
| International Business Machines Corporation (IBM)vs › | $226.06B | 17.86% | 17.27% | 15.98% | 14.06% |
| Sandisk Corporation (SNDK)vs › | $261.25B | 61.19% | 61.19% | 11.82% | 2.86% |
| Palo Alto Networks, Inc. (PANW)vs › | $273.11B | 6.05% | 9.77% | 8.42% | 3.85% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | -2.21% | -4.57% | -4.43% | -6.35% |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 16.71% | 1.92% | -0.61% | -3.16% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $282.20B | 17.30% | 19.55% | 16.87% | 17.43% |
Gross Margin
63.0%
Operating Margin
43.1%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 45.39% |
| 2026-03-31 | 42.74% |
| 2025-12-31 | 41.52% |
| 2025-09-30 | 42.38% |
| 2025-06-30 | 44.73% |
| 2025-03-31 | 42.84% |
| 2024-12-31 | 41.42% |
| 2024-09-30 | 43.37% |
| 2024-06-30 | 41.39% |
| 2024-03-31 | 42.01% |
| 2023-12-31 | 41.54% |
| 2023-09-30 | 39.93% |
| 2023-06-30 | 36.33% |
| 2023-03-31 | 35.86% |
| 2022-12-31 | 36.76% |
| 2022-09-30 | 35.46% |
| 2022-06-30 | 34.50% |
| 2022-03-31 | 31.70% |
| 2021-12-31 | 32.24% |
| 2021-09-30 | 31.16% |
| 2021-06-30 | 31.01% |
| 2021-03-31 | 30.90% |
| 2020-12-31 | 30.01% |
| 2020-09-30 | 31.12% |
| 2020-06-30 | 30.89% |
| 2020-03-31 | 28.61% |
| 2019-12-31 | 31.85% |
| 2019-09-30 | 34.93% |
| 2019-06-30 | 34.00% |
| 2019-03-31 | 32.64% |
| 2018-12-31 | 32.51% |
| 2018-09-30 | 32.09% |
| 2018-06-30 | -46.13% |
| 2018-03-31 | 29.36% |
| 2017-12-31 | 29.79% |
| 2017-09-30 | 32.18% |
| 2017-06-30 | 28.78% |
| 2017-03-31 | 21.88% |
| 2016-12-31 | 23.63% |
| 2016-09-30 | 21.71% |
| 2016-06-30 | 19.78% |
| 2016-03-31 | 20.54% |
| 2015-12-31 | 20.13% |
| 2015-09-30 | 14.39% |
| 2015-06-30 | 16.80% |
| 2015-03-31 | 19.97% |
| 2014-12-31 | 22.48% |
| 2014-09-30 | 21.79% |
| 2014-06-30 | 22.22% |
| 2014-03-31 | 18.75% |
| 2013-12-31 | 19.61% |
| 2013-09-30 | 18.34% |
| 2013-06-30 | 19.48% |
| 2013-03-31 | 14.25% |
| 2012-12-31 | 19.25% |
