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 25.00% is in line with its 5-year average of 24.44%, around the middle of its 5-year range (17.04%–29.15%).
As of the fiscal period ended Saturday, April 25, 2026. 7.85% above its 12-month average of 23.18%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
25.00%
OPERATING MARGIN AVG TTM
23.18%
OPERATING MARGIN AVG 3Y
23.08%
OPERATING MARGIN AVG 5Y
24.44%
OPERATING MARGIN AVG 10Y
25.76%
OPERATING MARGIN AVG 15Y
24.33%
OPERATING MARGIN AVG 20Y
23.89%
CURRENT VS TTM AVG
+7.85%
CURRENT VS 3Y AVG
+8.31%
CURRENT VS 5Y AVG
+2.29%
CURRENT VS 10Y AVG
-2.96%
CURRENT VS 15Y AVG
+2.75%
CURRENT VS 20Y AVG
+4.64%
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+85.45%
vs the sector median at left
Cisco Systems, Inc.
Market Cap
$457.17B
Operating Margin
25.00%
TTM Avg
23.18%
3Y Avg
23.08%
5Y Avg
24.44%
Market Cap
$403.07B
Operating Margin
29.51%
TTM Avg
29.09%
3Y Avg
29.31%
5Y Avg
29.42%
Market Cap
$374.12B
Operating Margin
30.85%
TTM Avg
30.83%
3Y Avg
29.21%
5Y Avg
30.03%
Market Cap
$366.44B
Operating Margin
35.29%
TTM Avg
33.65%
3Y Avg
31.97%
5Y Avg
31.37%
Market Cap
$627.85B
Operating Margin
35.41%
TTM Avg
33.26%
3Y Avg
32.51%
5Y Avg
32.55%
Market Cap
$282.55B
Operating Margin
38.13%
TTM Avg
21.21%
3Y Avg
9.84%
5Y Avg
-15.79%
Market Cap
$270.44B
Operating Margin
9.65%
TTM Avg
11.00%
3Y Avg
6.05%
5Y Avg
1.96%
Market Cap
$269.19B
Operating Margin
8.02%
TTM Avg
6.99%
3Y Avg
6.43%
5Y Avg
6.07%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cisco Systems, Inc. (CSCO) | $457.17B | 25.00% | 23.18% | 23.08% | 24.44% |
| Intel Corp. (INTC)vs › | $454.97B | 0.14% | -11.01% | -4.54% | 1.29% |
| Applied Materials, Inc. (AMAT)vs › | $403.07B | 29.51% | 29.09% | 29.31% | 29.42% |
| Oracle Corporation (ORCL)vs › | $374.12B | 30.85% | 30.83% | 29.21% | 30.03% |
| Lam Research Corporation (LRCX)vs › | $366.44B | 35.29% | 33.65% | 31.97% | 31.37% |
| ASML Holding N.V. (ASML)vs › | $627.85B | 35.41% | 33.26% | 32.51% | 32.55% |
| Palantir Technologies Inc. (PLTR)vs › | $282.55B | 38.13% | 21.21% | 9.84% | -15.79% |
| Palo Alto Networks, Inc. (PANW)vs › | $270.44B | 9.65% | 11.00% | 6.05% | 1.96% |
| Dell Technologies Inc. (DELL)vs › | $269.19B | 8.02% | 6.99% | 6.43% | 6.07% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $255.99B | 18.31% | 19.55% | 16.87% | 17.43% |
Gross Margin
64.3%
Operating Margin
25.0%
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 |
|---|---|
| 2026-04-25 | 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% |
| 2002-07-31 | 19.61% |
