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 8.47% is 26% below its 5-year average of 11.47%, near the low end of its 5-year range (7.63%–15.16%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.32% below its 12-month average of 9.45%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
8.47%
OPERATING MARGIN AVG TTM
9.45%
OPERATING MARGIN AVG 3Y
10.08%
OPERATING MARGIN AVG 5Y
11.47%
OPERATING MARGIN AVG 10Y
12.12%
OPERATING MARGIN AVG 15Y
12.54%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-10.32%
CURRENT VS 3Y AVG
-15.92%
CURRENT VS 5Y AVG
-26.14%
CURRENT VS 10Y AVG
-30.07%
CURRENT VS 15Y AVG
-32.41%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-37.14%
vs the sector median at left
EPAM Systems, Inc.
Market Cap
$5.58B
Operating Margin
8.47%
TTM Avg
9.45%
3Y Avg
10.08%
5Y Avg
11.47%
Market Cap
$5.75B
Operating Margin
-5.14%
TTM Avg
-13.09%
3Y Avg
-27.08%
5Y Avg
-49.99%
Market Cap
$5.80B
Operating Margin
-3.22%
TTM Avg
-7.23%
3Y Avg
-18.36%
5Y Avg
-20.14%
Market Cap
$6.14B
Operating Margin
-11.57%
TTM Avg
-20.21%
3Y Avg
-21.48%
5Y Avg
-22.26%
Market Cap
$6.24B
Operating Margin
-29.70%
TTM Avg
-35.48%
3Y Avg
-56.81%
5Y Avg
-80.31%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EPAM Systems, Inc. (EPAM) | $5.58B | 8.47% | 9.45% | 10.08% | 11.47% |
| GitLab Inc. (GTLB)vs › | $5.75B | -5.14% | -13.09% | -27.08% | -49.99% |
| Klaviyo, Inc. (KVYO)vs › | $5.80B | -3.22% | -7.23% | -18.36% | -20.14% |
| Lyft, Inc. (LYFT)vs › | $5.86B | -2.53% | -2.52% | -12.87% | -27.22% |
| Camtek Ltd. (CAMT)vs › | $5.92B | 24.60% | 25.51% | 24.29% | 23.00% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $6.14B | -11.57% | -20.21% | -21.48% | -22.26% |
| Genpact Limited (G)vs › | $6.22B | 15.08% | 14.85% | 13.82% | 13.29% |
| SentinelOne, Inc. (S)vs › | $6.24B | -29.70% | -35.48% | -56.81% | -80.31% |
| Plexus Corp. (PLXS)vs › | $6.43B | 5.02% | 4.63% | 4.64% | 4.72% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.72B | -3.52% | -9.50% | -24.08% | -27.64% |
Gross Margin
27.9%
Operating Margin
8.5%
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 | 8.47% |
| 2025-12-31 | 10.60% |
| 2025-09-30 | 11.19% |
| 2025-06-30 | 9.34% |
| 2025-03-31 | 7.63% |
| 2024-12-31 | 10.94% |
| 2024-09-30 | 15.16% |
| 2024-06-30 | 10.51% |
| 2024-03-31 | 9.48% |
| 2023-12-31 | 10.58% |
| 2023-09-30 | 9.90% |
| 2023-06-30 | 12.34% |
| 2023-03-31 | 9.94% |
| 2022-12-31 | 13.85% |
| 2022-09-30 | 14.69% |
| 2022-06-30 | 7.79% |
| 2022-03-31 | 11.03% |
| 2021-12-31 | 14.96% |
| 2021-09-30 | 14.58% |
| 2021-06-30 | 14.21% |
| 2021-03-31 | 13.74% |
| 2020-12-31 | 15.48% |
| 2020-09-30 | 14.78% |
| 2020-06-30 | 13.19% |
| 2020-03-31 | 13.43% |
| 2019-12-31 | 13.39% |
| 2019-09-30 | 13.70% |
| 2019-06-30 | 13.21% |
| 2019-03-31 | 12.40% |
| 2018-12-31 | 15.50% |
| 2018-09-30 | 13.79% |
| 2018-06-30 | 12.17% |
| 2018-03-31 | 11.48% |
| 2017-12-31 | 13.04% |
| 2017-09-30 | 13.05% |
| 2017-06-30 | 11.66% |
| 2017-03-31 | 9.54% |
| 2016-12-31 | 11.92% |
| 2016-09-30 | 11.37% |
| 2016-06-30 | 11.30% |
| 2016-03-31 | 11.47% |
| 2015-12-31 | 12.21% |
| 2015-09-30 | 11.77% |
| 2015-06-30 | 10.84% |
| 2015-03-31 | 11.41% |
| 2014-12-31 | 11.88% |
| 2014-09-30 | 11.33% |
| 2014-06-30 | 10.58% |
| 2014-03-31 | 13.63% |
| 2013-12-31 | 14.72% |
| 2013-09-30 | 14.43% |
| 2013-06-30 | 13.17% |
| 2013-03-31 | 12.51% |
| 2012-12-31 | 14.86% |
| 2012-09-30 | 15.20% |
| 2012-06-30 | 16.21% |
| 2012-03-31 | 14.60% |
| 2011-12-31 | 16.22% |
| 2011-09-30 | 19.54% |
| 2011-06-30 | 13.57% |
| 2011-03-31 | 16.22% |
| 2010-12-31 | 18.16% |
| 2010-09-30 | 12.51% |
| 2010-06-30 | 17.62% |
| 2010-03-31 | 8.92% |
