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 8.23% is in line with its 5-year average of 7.79%, around the middle of its 5-year range (-1.74%–12.90%).
As of the fiscal period ended Tuesday, March 31, 2026. 19.37% below its 12-month average of 10.21%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
8.23%
OPERATING MARGIN AVG TTM
10.21%
OPERATING MARGIN AVG 3Y
6.69%
OPERATING MARGIN AVG 5Y
7.79%
OPERATING MARGIN AVG 10Y
10.09%
OPERATING MARGIN AVG 15Y
10.71%
OPERATING MARGIN AVG 20Y
12.62%
CURRENT VS TTM AVG
-19.37%
CURRENT VS 3Y AVG
+23.02%
CURRENT VS 5Y AVG
+5.69%
CURRENT VS 10Y AVG
-18.43%
CURRENT VS 15Y AVG
-23.18%
CURRENT VS 20Y AVG
-34.79%
SECTOR MEDIAN · TECHNOLOGY
15.14%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
-45.64%
vs the sector median at left
Market Cap
$70.01B
Operating Margin
28.72%
TTM Avg
25.27%
3Y Avg
26.59%
5Y Avg
24.48%
Market Cap
$72.55B
Operating Margin
17.71%
TTM Avg
2.87%
3Y Avg
-6.46%
5Y Avg
1.59%
Market Cap
$62.96B
Operating Margin
21.74%
TTM Avg
21.40%
3Y Avg
21.97%
5Y Avg
25.01%
Market Cap
$62.21B
Operating Margin
-112.53%
TTM Avg
-243.80%
3Y Avg
-806.24%
5Y Avg
-536.92%
Market Cap
$62.11B
Operating Margin
19.09%
TTM Avg
18.22%
3Y Avg
17.75%
5Y Avg
17.70%
Market Cap
$77.85B
Operating Margin
6.60%
TTM Avg
6.45%
3Y Avg
6.93%
5Y Avg
6.89%
Market Cap
$77.97B
Operating Margin
25.05%
TTM Avg
24.98%
3Y Avg
22.80%
5Y Avg
21.71%
Market Cap
$61.16B
Operating Margin
11.18%
TTM Avg
5.64%
3Y Avg
6.68%
5Y Avg
8.16%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coherent, Inc. (COHR) | $69.58B | 8.23% | 10.21% | 6.69% | 7.79% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $70.01B | 28.72% | 25.27% | 26.59% | 24.48% |
| Lumentum Holdings Inc. (LITE)vs › | $72.55B | 17.71% | 2.87% | -6.46% | 1.59% |
| Teradyne, Inc. (TER)vs › | $62.96B | 21.74% | 21.40% | 21.97% | 25.01% |
| Nebius Group N.V. (NBIS)vs › | $62.21B | -112.53% | -243.80% | -806.24% | -536.92% |
| TE Connectivity plc (TEL)vs › | $62.11B | 19.09% | 18.22% | 17.75% | 17.70% |
| Hewlett Packard Enterprise Company (HPE)vs › | $77.85B | 6.60% | 6.45% | 6.93% | 6.89% |
| Motorola Solutions, Inc. (MSI)vs › | $77.97B | 25.05% | 24.98% | 22.80% | 21.71% |
| Ciena Corporation (CIEN)vs › | $61.16B | 11.18% | 5.64% | 6.68% | 8.16% |
| Keysight Technologies, Inc. (KEYS)vs › | $60.58B | 18.17% | 17.19% | 20.96% | 20.64% |
Gross Margin
37.0%
Operating Margin
8.2%
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 |
|---|---|
| 2026-03-31 | 8.23% |
| 2025-12-31 | 11.80% |
| 2025-09-30 | 10.89% |
| 2025-06-30 | 10.39% |
| 2025-03-31 | 9.72% |
| 2024-12-31 | 10.10% |
| 2024-09-30 | 7.39% |
| 2024-06-30 | 5.88% |
| 2024-03-31 | 2.80% |
| 2023-12-31 | 2.68% |
| 2023-09-30 | -1.74% |
| 2023-06-30 | 3.39% |
| 2023-03-31 | 5.43% |
| 2022-12-31 | 0.60% |
| 2022-09-30 | 3.16% |
| 2022-06-30 | 12.88% |
| 2022-03-31 | 12.90% |
| 2021-12-31 | 12.17% |
| 2021-09-30 | 11.95% |
| 2021-06-30 | 12.03% |
| 2021-03-31 | 10.86% |
| 2020-12-31 | 15.09% |
| 2020-09-30 | 14.16% |
| 2020-06-30 | 0.11% |
| 2020-03-31 | 11.95% |
| 2019-12-31 | 0.30% |
| 2019-09-30 | 8.47% |
| 2019-06-30 | 11.23% |
| 2019-03-31 | 9.09% |
| 2018-12-31 | 11.55% |
| 2018-09-30 | 11.83% |
| 2018-06-30 | 11.91% |
| 2018-03-31 | 11.70% |
| 2017-12-31 | 11.54% |
| 2017-09-30 | 11.39% |
| 2017-06-30 | 13.03% |
| 2017-03-31 | 11.85% |
| 2016-12-31 | 11.71% |
| 2016-09-30 | 10.69% |
| 2016-06-30 | 11.97% |
| 2016-03-31 | 9.45% |
| 2015-12-31 | 11.38% |
| 2015-09-30 | 11.48% |
| 2015-06-30 | 11.80% |
| 2015-03-31 | 9.67% |
| 2014-12-31 | 9.35% |
| 2014-09-30 | 10.44% |
| 2014-06-30 | 7.82% |
| 2014-03-31 | 5.04% |
| 2013-12-31 | 5.57% |
| 2013-09-30 | 8.98% |
| 2013-06-30 | 9.78% |
| 2013-03-31 | 12.62% |
| 2012-12-31 | 12.36% |
| 2012-09-30 | 12.54% |
| 2012-06-30 | 12.92% |
| 2012-03-31 | 12.80% |
| 2011-12-31 | 11.23% |
| 2011-09-30 | 16.65% |
| 2011-06-30 | 19.54% |
| 2011-03-31 | 19.75% |
| 2010-12-31 | 20.04% |
| 2010-09-30 | 20.58% |
| 2010-06-30 | 18.71% |
| 2010-03-31 | 14.90% |
| 2009-12-31 | 10.76% |
| 2009-09-30 | 12.96% |
| 2009-06-30 | 10.97% |
| 2009-03-31 | 11.73% |
| 2008-12-31 | 18.92% |
| 2008-09-30 | 20.08% |
| 2008-06-30 | 20.03% |
| 2008-03-31 | 19.25% |
| 2007-12-31 | 18.94% |
| 2007-09-30 | 18.46% |
| 2007-06-30 | 19.28% |
| 2007-03-31 | 18.88% |
| 2006-12-31 | 19.25% |
| 2006-09-30 | 16.61% |
| 2006-06-30 | 17.25% |
| 2006-03-31 | 19.36% |
| 2005-12-31 | 13.36% |
| 2005-09-30 | 15.95% |
| 2005-06-30 | 17.71% |
| 2005-03-31 | 16.85% |
| 2004-12-31 | 16.83% |
| 2004-09-30 | 18.02% |
| 2004-06-30 | 17.69% |
| 2004-03-31 | 18.87% |
| 2003-12-31 | 14.78% |
| 2003-09-30 | 13.86% |
| 2003-06-30 | 16.44% |
| 2003-03-31 | 12.96% |
| 2002-12-31 | 14.36% |
| 2002-09-30 | 9.77% |
| 2002-06-30 | 12.28% |
