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 15.76% is in line with its 5-year average of 15.23%, near the high end of its 5-year range (11.81%–16.68%).
0.25% above its 12-month average of 15.72%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
15.76%
OPERATING MARGIN AVG TTM
15.72%
OPERATING MARGIN AVG 3Y
15.26%
OPERATING MARGIN AVG 5Y
15.23%
OPERATING MARGIN AVG 10Y
15.61%
OPERATING MARGIN AVG 15Y
16.27%
OPERATING MARGIN AVG 20Y
16.81%
CURRENT VS TTM AVG
+0.25%
CURRENT VS 3Y AVG
+3.28%
CURRENT VS 5Y AVG
+3.46%
CURRENT VS 10Y AVG
+0.94%
CURRENT VS 15Y AVG
-3.16%
CURRENT VS 20Y AVG
-6.25%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+12.57%
vs the sector median at left
Cognizant Technology Solutions Corporation
Market Cap
$26.99B
Operating Margin
15.76%
TTM Avg
15.72%
3Y Avg
15.26%
5Y Avg
15.23%
Market Cap
$27.67B
Operating Margin
11.66%
TTM Avg
18.71%
3Y Avg
24.13%
5Y Avg
20.38%
Market Cap
$26.04B
Operating Margin
7.09%
TTM Avg
6.39%
3Y Avg
7.89%
5Y Avg
7.41%
Market Cap
$28.05B
Operating Margin
19.45%
TTM Avg
18.12%
3Y Avg
18.10%
5Y Avg
16.92%
Market Cap
$25.81B
Operating Margin
20.90%
TTM Avg
20.43%
3Y Avg
19.73%
5Y Avg
19.73%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognizant Technology Solutions Corporation (CTSH) | $26.99B | 15.76% | 15.72% | 15.26% | 15.23% |
| Fiserv, Inc. (FISV)vs › | $27.12B | 21.37% | 27.81% | 25.75% | 21.59% |
| Corpay, Inc. (CPAY)vs › | $26.61B | 40.80% | 44.03% | 43.59% | 43.15% |
| ON Semiconductor Corporation (ON)vs › | $27.67B | 11.66% | 18.71% | 24.13% | 20.38% |
| Zscaler, Inc. (ZS)vs › | $26.19B | -3.98% | -4.39% | -6.96% | -14.77% |
| Okta, Inc. (OKTA)vs › | $27.84B | 7.68% | 1.42% | -15.92% | -24.53% |
| Super Micro Computer, Inc. (SMCI)vs › | $26.04B | 7.09% | 6.39% | 7.89% | 7.41% |
| Teledyne Technologies Incorporated (TDY)vs › | $28.05B | 19.45% | 18.12% | 18.10% | 16.92% |
| Qnity Electronics, Inc. (Q)vs › | $25.81B | 20.90% | 20.43% | 19.73% | 19.73% |
| Zoom Communications, Inc. (ZM)vs › | $28.28B | 23.73% | 20.25% | 14.42% | 18.09% |
Gross Margin
32.0%
Operating Margin
15.8%
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 | 15.95% |
| 2026-03-31 | 15.09% |
| 2025-12-31 | 15.99% |
| 2025-09-30 | 15.99% |
| 2025-06-30 | 15.58% |
| 2025-03-31 | 16.68% |
| 2024-12-31 | 14.78% |
| 2024-09-30 | 14.63% |
| 2024-06-30 | 14.60% |
| 2024-03-31 | 14.60% |
| 2023-12-31 | 15.22% |
| 2023-09-30 | 14.01% |
| 2023-06-30 | 11.81% |
| 2023-03-31 | 14.59% |
| 2022-12-31 | 14.18% |
| 2022-09-30 | 16.43% |
| 2022-06-30 | 15.49% |
| 2022-03-31 | 15.00% |
| 2021-12-31 | 15.32% |
| 2021-09-30 | 15.37% |
| 2021-06-30 | 15.18% |
| 2021-03-31 | 15.20% |
| 2020-12-31 | 11.11% |
| 2020-09-30 | 14.21% |
| 2020-06-30 | 11.68% |
| 2020-03-31 | 13.70% |
| 2019-12-31 | 14.61% |
| 2019-09-30 | 15.75% |
| 2019-06-30 | 14.95% |
| 2019-03-31 | 13.11% |
| 2018-12-31 | 16.78% |
| 2018-09-30 | 18.27% |
| 2018-06-30 | 16.72% |
| 2018-03-31 | 17.71% |
| 2017-12-31 | 17.16% |
| 2017-09-30 | 17.21% |
| 2017-06-30 | 16.51% |
| 2017-03-31 | 16.07% |
| 2016-12-31 | 16.20% |
| 2016-09-30 | 16.90% |
| 2016-06-30 | 17.53% |
| 2016-03-31 | 17.30% |
| 2015-12-31 | 17.12% |
| 2015-09-30 | 17.03% |
| 2015-06-30 | 17.68% |
| 2015-03-31 | 17.18% |
| 2014-12-31 | 17.48% |
| 2014-09-30 | 17.73% |
| 2014-06-30 | 19.38% |
| 2014-03-31 | 18.99% |
| 2013-12-31 | 19.01% |
| 2013-09-30 | 18.97% |
| 2013-06-30 | 19.75% |
| 2013-03-31 | 18.11% |
| 2012-12-31 | 18.29% |
| 2012-09-30 | 18.79% |
| 2012-06-30 | 18.49% |
| 2012-03-31 | 18.58% |
| 2011-12-31 | 18.52% |
| 2011-09-30 | 18.30% |
| 2011-06-30 | 18.18% |
| 2011-03-31 | 19.35% |
| 2010-12-31 | 18.66% |
| 2010-09-30 | 18.76% |
| 2010-06-30 | 18.63% |
| 2010-03-31 | 19.07% |
| 2009-12-31 | 18.49% |
| 2009-09-30 | 18.96% |
| 2009-06-30 | 19.53% |
| 2009-03-31 | 18.52% |
| 2008-12-31 | 18.95% |
| 2008-09-30 | 19.41% |
| 2008-06-30 | 17.46% |
| 2008-03-31 | 17.37% |
| 2007-12-31 | 17.69% |
| 2007-09-30 | 18.10% |
| 2007-06-30 | 17.55% |
| 2007-03-31 | 18.16% |
| 2006-12-31 | 17.99% |
| 2006-09-30 | 18.21% |
| 2006-06-30 | 18.01% |
| 2006-03-31 | 18.62% |
| 2005-12-31 | 19.87% |
| 2005-09-30 | 19.96% |
| 2005-06-30 | 20.01% |
| 2005-03-31 | 20.47% |
| 2004-12-31 | 20.41% |
| 2004-09-30 | 19.86% |
| 2004-06-30 | 20.03% |
| 2004-03-31 | 19.78% |
| 2003-12-31 | 19.77% |
| 2003-09-30 | 19.65% |
| 2003-06-30 | 19.59% |
| 2003-03-31 | 19.49% |
| 2002-12-31 | 19.76% |
| 2002-09-30 | 19.77% |
