Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 77.68% is 121% above its 5-year average of 35.11%, near the high end of its 5-year range (-20.46%–78.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.72% above its 12-month average of 77.13%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
77.68%
OPERATING MARGIN AVG TTM
77.13%
OPERATING MARGIN AVG 3Y
55.37%
OPERATING MARGIN AVG 5Y
35.11%
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.72%
CURRENT VS 3Y AVG
+40.28%
CURRENT VS 5Y AVG
+121.24%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.05%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
+452.67%
vs the sector median at left
AppLovin Corporation
Market Cap
$116.50B
Operating Margin
77.68%
TTM Avg
77.13%
3Y Avg
55.37%
5Y Avg
35.11%
Market Cap
$117.13B
Operating Margin
32.43%
TTM Avg
30.45%
3Y Avg
26.56%
5Y Avg
24.37%
Market Cap
$114.55B
Operating Margin
-26.11%
TTM Avg
-35.39%
3Y Avg
-37.64%
5Y Avg
-50.18%
Market Cap
$108.46B
Operating Margin
18.58%
TTM Avg
22.45%
3Y Avg
23.91%
5Y Avg
23.48%
Market Cap
$106.58B
Operating Margin
-14.11%
TTM Avg
-9.41%
3Y Avg
-13.44%
5Y Avg
-16.33%
Market Cap
$129.11B
Operating Margin
11.40%
TTM Avg
13.08%
3Y Avg
9.89%
5Y Avg
8.05%
Market Cap
$93.42B
Operating Margin
30.83%
TTM Avg
30.13%
3Y Avg
30.25%
5Y Avg
28.52%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $116.50B | 77.68% | 77.13% | 55.37% | 35.11% |
| Fortinet, Inc. (FTNT)vs › | $117.13B | 32.43% | 30.45% | 26.56% | 24.37% |
| Snowflake Inc. (SNOW)vs › | $114.55B | -26.11% | -35.39% | -37.64% | -50.18% |
| Automatic Data Processing, Inc. (ADP)vs › | $108.46B | 18.58% | 22.45% | 23.91% | 23.48% |
| Accenture plc (ACN)vs › | $107.53B | 14.87% | 14.73% | 14.61% | 14.70% |
| Cloudflare, Inc. (NET)vs › | $106.58B | -14.11% | -9.41% | -13.44% | -16.33% |
| Adobe Inc. (ADBE)vs › | $105.42B | 36.07% | 33.99% | 34.22% | 34.73% |
| ServiceNow, Inc. (NOW)vs › | $129.11B | 11.40% | 13.08% | 9.89% | 8.05% |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.42B | 30.83% | 30.13% | 30.25% | 28.52% |
| Corning Inc (GLW)vs › | $142.72B | 15.47% | 11.78% | 10.19% | 10.04% |
Gross Margin
88.5%
Operating Margin
77.7%
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 | 77.68% |
| 2026-03-31 | 78.15% |
| 2025-12-31 | 76.92% |
| 2025-09-30 | 76.80% |
| 2025-06-30 | 76.08% |
| 2025-03-31 | 72.48% |
| 2024-12-31 | 44.29% |
| 2024-09-30 | 63.97% |
| 2024-06-30 | 54.07% |
| 2024-03-31 | 32.09% |
| 2023-12-31 | 28.27% |
| 2023-09-30 | 21.56% |
| 2023-06-30 | 17.51% |
| 2023-03-31 | 8.53% |
| 2022-12-31 | -3.19% |
| 2022-09-30 | 6.91% |
| 2022-06-30 | 6.87% |
| 2022-03-31 | -20.46% |
| 2021-12-31 | 7.38% |
| 2021-09-30 | 6.20% |
| 2021-06-30 | 5.23% |
| 2021-03-31 | 1.90% |
| 2020-12-31 | -0.97% |
| 2020-09-30 | -19.77% |
| 2020-06-30 | -2.26% |
| 2020-03-31 | 9.66% |
| 2019-12-31 | 16.11% |
| 2019-09-30 | 18.18% |
| 2019-06-30 | 24.71% |
| 2019-03-31 | 19.72% |
