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 24.27% is in line with its 5-year average of 24.33%, around the middle of its 5-year range (17.04%–29.15%).
2.85% above its 12-month average of 23.60%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-07-25): 24.72%.
OPERATING MARGIN
24.27%
OPERATING MARGIN AVG TTM
23.60%
OPERATING MARGIN AVG 3Y
22.90%
OPERATING MARGIN AVG 5Y
24.33%
OPERATING MARGIN AVG 10Y
25.76%
OPERATING MARGIN AVG 15Y
24.41%
OPERATING MARGIN AVG 20Y
23.92%
CURRENT VS TTM AVG
+2.85%
CURRENT VS 3Y AVG
+5.99%
CURRENT VS 5Y AVG
-0.23%
CURRENT VS 10Y AVG
-5.77%
CURRENT VS 15Y AVG
-0.57%
CURRENT VS 20Y AVG
+1.47%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+73.36%
vs the sector median at left
Cisco Systems, Inc.
Market Cap
$433.83B
Operating Margin
24.27%
TTM Avg
23.60%
3Y Avg
22.90%
5Y Avg
24.33%
Market Cap
$404.33B
Operating Margin
32.36%
TTM Avg
30.83%
3Y Avg
29.21%
5Y Avg
30.03%
Market Cap
$396.21B
Operating Margin
31.59%
TTM Avg
21.21%
3Y Avg
9.84%
5Y Avg
-15.79%
Market Cap
$361.03B
Operating Margin
9.49%
TTM Avg
6.99%
3Y Avg
6.43%
5Y Avg
6.07%
Market Cap
$338.74B
Operating Margin
35.29%
TTM Avg
33.65%
3Y Avg
31.97%
5Y Avg
31.37%
Market Cap
$334.39B
Operating Margin
30.50%
TTM Avg
29.09%
3Y Avg
29.31%
5Y Avg
29.42%
Market Cap
$305.70B
Operating Margin
6.05%
TTM Avg
9.77%
3Y Avg
8.42%
5Y Avg
3.85%
Market Cap
$258.27B
Operating Margin
17.30%
TTM Avg
19.55%
3Y Avg
16.87%
5Y Avg
17.43%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cisco Systems, Inc. (CSCO) | $433.83B | 24.27% | 23.60% | 22.90% | 24.33% |
| Oracle Corporation (ORCL)vs › | $404.33B | 32.36% | 30.83% | 29.21% | 30.03% |
| Palantir Technologies Inc. (PLTR)vs › | $396.21B | 31.59% | 21.21% | 9.84% | -15.79% |
| Intel Corp. (INTC)vs › | $489.97B | 0.14% | -11.01% | -4.54% | 1.29% |
| Dell Technologies Inc. (DELL)vs › | $361.03B | 9.49% | 6.99% | 6.43% | 6.07% |
| Lam Research Corporation (LRCX)vs › | $338.74B | 35.29% | 33.65% | 31.97% | 31.37% |
| Applied Materials, Inc. (AMAT)vs › | $334.39B | 30.50% | 29.09% | 29.31% | 29.42% |
| Palo Alto Networks, Inc. (PANW)vs › | $305.70B | 6.05% | 9.77% | 8.42% | 3.85% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $258.27B | 17.30% | 19.55% | 16.87% | 17.43% |
| ASML Holding N.V. (ASML)vs › | $613.39B | 35.41% | 33.26% | 32.51% | 32.55% |
Gross Margin
64.5%
Operating Margin
24.3%
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 |
|---|---|
| 2026-07-25 | 24.72% |
| 2026-04-25 | 25.00% |
| 2026-01-24 | 24.63% |
| 2025-10-25 | 22.60% |
| 2025-07-26 | 21.04% |
| 2025-04-26 | 22.63% |
| 2025-01-25 | 22.25% |
| 2024-10-26 | 17.04% |
| 2024-07-27 | 19.19% |
| 2024-04-27 | 17.25% |
| 2024-01-27 | 24.20% |
| 2023-10-28 | 29.15% |
| 2023-07-31 | 27.97% |
| 2023-04-29 | 27.08% |
| 2023-01-28 | 24.22% |
| 2022-10-29 | 25.97% |
| 2022-07-31 | 26.50% |
| 2022-04-30 | 28.13% |
| 2022-01-29 | 27.41% |
| 2021-10-30 | 26.65% |
| 2021-07-31 | 27.24% |
| 2021-05-01 | 27.06% |
| 2021-01-23 | 26.95% |
| 2020-10-24 | 21.54% |
| 2020-07-31 | 26.72% |
| 2020-04-25 | 28.49% |
| 2020-01-25 | 28.15% |
| 2019-10-26 | 27.20% |
| 2019-07-31 | 27.48% |
| 2019-04-27 | 27.11% |
| 2019-01-26 | 25.80% |
| 2018-10-27 | 29.11% |
| 2018-07-31 | 26.05% |
| 2018-04-28 | 25.15% |
| 2018-01-27 | 25.85% |
| 2017-10-28 | 22.71% |
| 2017-07-31 | 25.01% |
| 2017-04-29 | 26.54% |
| 2017-01-28 | 24.98% |
| 2016-10-29 | 23.29% |
| 2016-07-31 | 26.14% |
| 2016-04-30 | 24.87% |
| 2016-01-23 | 27.62% |
| 2015-10-24 | 24.28% |
| 2015-07-31 | 22.43% |
| 2015-04-25 | 24.10% |
| 2015-01-24 | 21.97% |
| 2014-10-25 | 19.13% |
| 2014-07-31 | 21.70% |
| 2014-04-26 | 22.02% |
| 2014-01-25 | 14.94% |
| 2013-10-26 | 20.31% |
| 2013-07-31 | 22.66% |
| 2013-04-27 | 24.08% |
| 2013-01-26 | 23.05% |
| 2012-10-27 | 22.32% |
| 2012-07-31 | 20.28% |
| 2012-04-28 | 23.73% |
| 2012-01-28 | 23.72% |
| 2011-10-29 | 19.63% |
| 2011-07-31 | 13.01% |
| 2011-04-30 | 20.09% |
| 2011-01-29 | 16.18% |
| 2010-10-30 | 21.87% |
| 2010-07-31 | 21.46% |
| 2010-05-01 | 22.62% |
| 2010-01-23 | 24.15% |
| 2009-10-24 | 23.55% |
| 2009-07-31 | 17.11% |
| 2009-04-25 | 19.69% |
| 2009-01-24 | 19.51% |
| 2008-10-25 | 24.02% |
| 2008-07-31 | 24.40% |
| 2008-04-26 | 21.87% |
| 2008-01-26 | 24.45% |
| 2007-10-27 | 24.79% |
| 2007-07-31 | 24.41% |
| 2007-04-28 | 24.78% |
| 2007-01-27 | 25.24% |
| 2006-10-28 | 24.33% |
| 2006-07-31 | 24.92% |
| 2006-04-29 | 22.58% |
| 2006-01-28 | 26.12% |
| 2005-10-29 | 24.76% |
| 2005-07-31 | 30.34% |
| 2005-04-30 | 29.38% |
| 2005-01-29 | 29.91% |
| 2004-10-30 | 29.94% |
| 2004-07-31 | 30.39% |
| 2004-05-01 | 27.65% |
| 2004-01-24 | 28.66% |
| 2003-10-25 | 27.25% |
| 2003-07-31 | 25.61% |
| 2003-04-26 | 26.98% |
| 2003-01-25 | 26.82% |
| 2002-10-26 | 24.11% |
