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 21.80% is 74% above its 5-year average of 12.51%, near the high end of its 5-year range (-2.40%–22.78%).
As of the fiscal period ended Thursday, April 30, 2026. 1.35% above its 12-month average of 21.51%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
21.80%
OPERATING MARGIN AVG TTM
21.51%
OPERATING MARGIN AVG 3Y
19.62%
OPERATING MARGIN AVG 5Y
12.51%
OPERATING MARGIN AVG 10Y
7.57%
OPERATING MARGIN AVG 15Y
0.46%
OPERATING MARGIN AVG 20Y
1.65%
CURRENT VS TTM AVG
+1.35%
CURRENT VS 3Y AVG
+11.09%
CURRENT VS 5Y AVG
+74.27%
CURRENT VS 10Y AVG
+188.08%
CURRENT VS 15Y AVG
+4590.57%
CURRENT VS 20Y AVG
+1221.73%
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+61.72%
vs the sector median at left
Salesforce, Inc.
Market Cap
$150.71B
Operating Margin
21.80%
TTM Avg
21.51%
3Y Avg
19.62%
5Y Avg
12.51%
Market Cap
$154.99B
Operating Margin
23.19%
TTM Avg
26.88%
3Y Avg
27.84%
5Y Avg
27.85%
Market Cap
$143.22B
Operating Margin
11.66%
TTM Avg
8.53%
3Y Avg
3.57%
5Y Avg
-8.56%
Market Cap
$164.26B
Operating Margin
16.20%
TTM Avg
1.92%
3Y Avg
-0.61%
5Y Avg
-3.16%
Market Cap
$133.00B
Operating Margin
77.09%
TTM Avg
67.51%
3Y Avg
43.81%
5Y Avg
29.39%
Market Cap
$178.96B
Operating Margin
32.50%
TTM Avg
24.09%
3Y Avg
26.41%
5Y Avg
25.93%
Market Cap
$179.90B
Operating Margin
-18.72%
TTM Avg
-12.87%
3Y Avg
-11.72%
5Y Avg
-9.38%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Salesforce, Inc. (CRM) | $150.71B | 21.80% | 21.51% | 19.62% | 12.51% |
| Shopify Inc. (SHOP)vs › | $152.02B | 13.32% | 12.40% | -2.49% | -0.17% |
| QUALCOMM Incorporated (QCOM)vs › | $154.99B | 23.19% | 26.88% | 27.84% | 27.85% |
| Uber Technologies, Inc. (UBER)vs › | $143.22B | 11.66% | 8.53% | 3.57% | -8.56% |
| Marvell Technology, Inc. (MRVL)vs › | $164.26B | 16.20% | 1.92% | -0.61% | -3.16% |
| AppLovin Corporation (APP)vs › | $133.00B | 77.09% | 67.51% | 43.81% | 29.39% |
| Analog Devices, Inc. (ADI)vs › | $178.96B | 32.50% | 24.09% | 26.41% | 25.93% |
| Sandisk Corporation (SNDK)vs › | $179.90B | -18.72% | -12.87% | -11.72% | -9.38% |
| Corning Inc (GLW)vs › | $118.98B | 15.47% | 11.78% | 10.19% | 10.04% |
| Fortinet, Inc. (FTNT)vs › | $118.65B | 32.43% | 30.45% | 26.56% | 24.37% |
Gross Margin
77.6%
Operating Margin
21.8%
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 |
|---|---|
| 2026-04-30 | 21.80% |
| 2026-01-31 | 21.88% |
| 2025-10-31 | 21.33% |
| 2025-07-31 | 22.78% |
| 2025-04-30 | 19.76% |
| 2025-01-31 | 18.21% |
| 2024-10-31 | 20.04% |
| 2024-07-31 | 19.12% |
| 2024-04-30 | 18.71% |
| 2024-01-31 | 17.47% |
| 2023-10-31 | 17.21% |
| 2023-07-31 | 17.16% |
| 2023-04-30 | 5.00% |
| 2023-01-31 | 4.26% |
| 2022-10-31 | 5.87% |
| 2022-07-31 | 2.50% |
| 2022-04-30 | 0.27% |
| 2022-01-31 | -2.40% |
| 2021-10-31 | 0.55% |
| 2021-07-31 | 5.24% |
| 2021-04-30 | 5.94% |
| 2021-01-31 | 3.32% |
| 2020-10-31 | 4.13% |
| 2020-07-31 | 3.46% |
| 2020-04-30 | -2.88% |
| 2020-01-31 | -0.74% |
| 2019-10-31 | 1.44% |
| 2019-07-31 | 1.45% |
| 2019-04-30 | 5.62% |
| 2019-01-31 | 3.80% |
| 2018-10-31 | 2.71% |
| 2018-07-31 | 3.51% |
| 2018-04-30 | 6.35% |
| 2018-01-31 | 2.73% |
| 2017-10-31 | 5.78% |
| 2017-07-31 | 3.28% |
| 2017-04-30 | 0.17% |
| 2017-01-31 | -1.02% |
| 2016-10-31 | 0.14% |
| 2016-07-31 | 1.60% |
| 2016-04-30 | 2.71% |
| 2016-01-31 | 1.14% |
| 2015-10-31 | 2.54% |
| 2015-07-31 | 1.21% |
| 2015-04-30 | 2.06% |
| 2015-01-31 | -2.41% |
| 2014-10-31 | -1.59% |
| 2014-07-31 | -2.54% |
| 2014-04-30 | -4.51% |
| 2014-01-31 | -9.06% |
| 2013-10-31 | -9.10% |
| 2013-07-31 | -4.16% |
| 2013-04-30 | -4.99% |
| 2013-01-31 | -2.49% |
| 2012-10-31 | -6.87% |
| 2012-07-31 | -1.84% |
| 2012-04-30 | -3.20% |
| 2012-01-31 | -1.01% |
| 2011-10-31 | -1.74% |
| 2011-07-31 | -2.88% |
| 2011-04-30 | -0.56% |
| 2011-01-31 | -0.09% |
| 2010-10-31 | 8.19% |
| 2010-07-31 | 7.53% |
| 2010-04-30 | 8.77% |
| 2010-01-31 | 7.21% |
| 2009-10-31 | 9.12% |
| 2009-07-31 | 9.33% |
| 2009-04-30 | 9.88% |
| 2009-01-31 | 5.56% |
| 2008-10-31 | 5.83% |
| 2008-07-31 | 6.12% |
| 2008-04-30 | 6.23% |
| 2008-01-31 | 4.95% |
| 2007-10-31 | 3.17% |
| 2007-07-31 | 1.90% |
| 2007-04-30 | 0.07% |
| 2007-01-31 | -1.44% |
| 2006-10-31 | -0.09% |
| 2006-07-31 | -1.08% |
| 2006-04-30 | -0.11% |
| 2006-01-31 | 5.77% |
| 2005-10-31 | 7.73% |
| 2005-07-31 | 5.83% |
| 2005-04-30 | 6.65% |
| 2005-01-31 | 5.90% |
| 2004-10-31 | 3.82% |
| 2004-07-31 | 2.87% |
| 2004-04-30 | 1.04% |
| 2004-01-31 | -284.52% |
| 2003-10-31 | 100.00% |
| 2003-07-31 | 100.00% |
| 2003-04-30 | 0.09% |