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 43.07% is in line with its 5-year average of 43.55%, around the middle of its 5-year range (40.26%–47.21%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.34% above its 12-month average of 42.92%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
43.07%
OPERATING MARGIN AVG TTM
42.92%
OPERATING MARGIN AVG 3Y
43.88%
OPERATING MARGIN AVG 5Y
43.55%
OPERATING MARGIN AVG 10Y
43.37%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.34%
CURRENT VS 3Y AVG
-1.85%
CURRENT VS 5Y AVG
-1.12%
CURRENT VS 10Y AVG
-0.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
13.67%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+215.04%
vs the sector median at left
Market Cap
$26.18B
Operating Margin
33.65%
TTM Avg
32.70%
3Y Avg
22.55%
5Y Avg
20.33%
Market Cap
$26.39B
Operating Margin
-4.73%
TTM Avg
-5.26%
3Y Avg
-13.46%
5Y Avg
-17.77%
Market Cap
$26.43B
Operating Margin
-20.72%
TTM Avg
-27.36%
3Y Avg
-35.30%
5Y Avg
-32.64%
Market Cap
$25.28B
Operating Margin
15.76%
TTM Avg
15.68%
3Y Avg
15.13%
5Y Avg
14.75%
Market Cap
$25.09B
Operating Margin
44.68%
TTM Avg
44.05%
3Y Avg
46.66%
5Y Avg
44.30%
Market Cap
$26.77B
Operating Margin
13.93%
TTM Avg
12.86%
3Y Avg
20.69%
5Y Avg
16.83%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $25.92B | 43.07% | 42.92% | 43.88% | 43.55% |
| First Solar, Inc. (FSLR)vs › | $26.18B | 33.65% | 32.70% | 22.55% | 20.33% |
| HP Inc. (HPQ)vs › | $26.36B | 5.51% | 6.84% | 6.84% | 6.98% |
| Zscaler, Inc. (ZS)vs › | $26.39B | -4.73% | -5.26% | -13.46% | -17.77% |
| Roblox Corporation (RBLX)vs › | $26.43B | -20.72% | -27.36% | -35.30% | -32.64% |
| Splunk Inc. (SPLK)vs › | $26.44B | 6.95% | 1.01% | -18.97% | -17.00% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $25.28B | 15.76% | 15.68% | 15.13% | 14.75% |
| Verisk Analytics, Inc. (VRSK)vs › | $25.09B | 44.68% | 44.05% | 46.66% | 44.30% |
| Tower Semiconductor Ltd. (TSEM)vs › | $26.77B | 13.93% | 12.86% | 20.69% | 16.83% |
| VeriSign, Inc. (VRSN)vs › | $27.05B | 67.86% | 67.81% | 67.20% | 66.54% |
Gross Margin
72.8%
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 |
|---|---|
| 2026-03-31 | 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% |
