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 40.80% is in line with its 5-year average of 43.54%, around the middle of its 5-year range (35.19%–47.21%).
1.60% below its 12-month average of 41.46%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 35.19%.
OPERATING MARGIN
40.80%
OPERATING MARGIN AVG TTM
41.46%
OPERATING MARGIN AVG 3Y
44.07%
OPERATING MARGIN AVG 5Y
43.54%
OPERATING MARGIN AVG 10Y
43.19%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.60%
CURRENT VS 3Y AVG
-7.41%
CURRENT VS 5Y AVG
-6.30%
CURRENT VS 10Y AVG
-5.54%
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
+191.43%
vs the sector median at left
Market Cap
$26.03B
Operating Margin
23.73%
TTM Avg
20.25%
3Y Avg
14.42%
5Y Avg
18.09%
Market Cap
$26.24B
Operating Margin
11.59%
TTM Avg
4.29%
3Y Avg
9.56%
5Y Avg
0.53%
Market Cap
$25.29B
Operating Margin
7.09%
TTM Avg
6.39%
3Y Avg
7.89%
5Y Avg
7.41%
Market Cap
$25.23B
Operating Margin
16.16%
TTM Avg
12.86%
3Y Avg
20.69%
5Y Avg
16.83%
Market Cap
$25.13B
Operating Margin
20.90%
TTM Avg
20.43%
3Y Avg
19.73%
5Y Avg
19.73%
Market Cap
$26.97B
Operating Margin
15.76%
TTM Avg
15.68%
3Y Avg
15.13%
5Y Avg
14.75%
Market Cap
$27.24B
Operating Margin
11.66%
TTM Avg
18.71%
3Y Avg
24.13%
5Y Avg
20.38%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $26.00B | 40.80% | 41.46% | 44.07% | 43.54% |
| Zoom Communications, Inc. (ZM)vs › | $26.03B | 23.73% | 20.25% | 14.42% | 18.09% |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $26.24B | 11.59% | 4.29% | 9.56% | 0.53% |
| Super Micro Computer, Inc. (SMCI)vs › | $25.29B | 7.09% | 6.39% | 7.89% | 7.41% |
| Tower Semiconductor Ltd. (TSEM)vs › | $25.23B | 16.16% | 12.86% | 20.69% | 16.83% |
| Fiserv, Inc. (FISV)vs › | $25.16B | 21.37% | 27.81% | 25.75% | 21.59% |
| Qnity Electronics, Inc. (Q)vs › | $25.13B | 20.90% | 20.43% | 19.73% | 19.73% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.97B | 15.76% | 15.68% | 15.13% | 14.75% |
| ON Semiconductor Corporation (ON)vs › | $27.24B | 11.66% | 18.71% | 24.13% | 20.38% |
| VeriSign, Inc. (VRSN)vs › | $27.40B | 67.86% | 67.81% | 67.20% | 66.54% |
Gross Margin
73.3%
Operating Margin
40.8%
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 | 35.19% |
| 2026-03-31 | 43.07% |
| 2025-12-31 | 40.94% |
| 2025-09-30 | 44.62% |
| 2025-06-30 | 43.50% |
| 2025-03-31 | 42.47% |
| 2024-12-31 | 47.21% |
| 2024-09-30 | 45.49% |
| 2024-06-30 | 44.41% |
| 2024-03-31 | 42.48% |
| 2023-12-31 | 45.24% |
| 2023-09-30 | 45.83% |
| 2023-06-30 | 43.52% |
| 2023-03-31 | 41.63% |
| 2022-12-31 | 41.79% |
| 2022-09-30 | 43.58% |
| 2022-06-30 | 43.02% |
| 2022-03-31 | 40.26% |
| 2021-12-31 | 42.42% |
| 2021-09-30 | 44.83% |
| 2021-06-30 | 44.59% |
| 2021-03-31 | 43.70% |
| 2020-12-31 | 47.61% |
| 2020-09-30 | 45.20% |
| 2020-06-30 | 40.52% |
| 2020-03-31 | 30.40% |
| 2019-12-31 | 45.90% |
| 2019-09-30 | 48.33% |
| 2019-06-30 | 45.95% |
| 2019-03-31 | 45.70% |
| 2018-12-31 | 44.25% |
| 2018-09-30 | 45.37% |
| 2018-06-30 | 45.26% |
| 2018-03-31 | 44.42% |
| 2017-12-31 | 39.35% |
| 2017-09-30 | 40.26% |
| 2017-06-30 | 39.92% |
| 2017-03-31 | 37.48% |
| 2016-12-31 | 41.94% |
| 2016-09-30 | 39.44% |
| 2016-06-30 | 40.96% |
| 2016-03-31 | 42.47% |
| 2015-12-31 | 33.94% |
| 2015-09-30 | 41.74% |
| 2015-06-30 | 41.81% |
| 2015-03-31 | 39.35% |
| 2014-12-31 | 45.83% |
| 2014-09-30 | 48.84% |
| 2014-06-30 | 49.17% |
| 2014-03-31 | 44.95% |
| 2013-12-31 | 41.51% |
| 2013-09-30 | 49.41% |
| 2013-06-30 | 49.38% |
| 2013-03-31 | 48.67% |
