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 14.90% is in line with its 5-year average of 14.34%, around the middle of its 5-year range (12.20%–16.10%).
1.08% below its 12-month average of 15.06%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 14.68%.
OPERATING MARGIN
14.90%
OPERATING MARGIN AVG TTM
15.06%
OPERATING MARGIN AVG 3Y
14.77%
OPERATING MARGIN AVG 5Y
14.34%
OPERATING MARGIN AVG 10Y
12.14%
OPERATING MARGIN AVG 15Y
11.80%
OPERATING MARGIN AVG 20Y
11.49%
CURRENT VS TTM AVG
-1.08%
CURRENT VS 3Y AVG
+0.87%
CURRENT VS 5Y AVG
+3.91%
CURRENT VS 10Y AVG
+22.77%
CURRENT VS 15Y AVG
+26.28%
CURRENT VS 20Y AVG
+29.70%
SECTOR MEDIAN · TECHNOLOGY
4.56%
median of 422 covered companies
CURRENT VS SECTOR MEDIAN
+226.75%
vs the sector median at left
ExlService Holdings, Inc.
Market Cap
$5.44B
Operating Margin
14.90%
TTM Avg
15.06%
3Y Avg
14.77%
5Y Avg
14.34%
Market Cap
$5.53B
Operating Margin
-21.99%
TTM Avg
-21.45%
3Y Avg
-23.50%
5Y Avg
-24.73%
Market Cap
$5.33B
Operating Margin
-70.39%
TTM Avg
-37.08%
3Y Avg
-100.46%
5Y Avg
-63.62%
Market Cap
$5.21B
Operating Margin
18.61%
TTM Avg
19.04%
3Y Avg
16.90%
5Y Avg
15.68%
Market Cap
$5.17B
Operating Margin
-0.49%
TTM Avg
-0.49%
3Y Avg
-2.76%
5Y Avg
10.03%
Market Cap
$5.74B
Operating Margin
10.26%
TTM Avg
10.54%
3Y Avg
10.91%
5Y Avg
12.05%
Market Cap
$5.04B
Operating Margin
-1194.41%
TTM Avg
-914.68%
3Y Avg
-815.99%
5Y Avg
-718.91%
Market Cap
$5.00B
Operating Margin
-1.86%
TTM Avg
-7.23%
3Y Avg
-18.36%
5Y Avg
-20.14%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ExlService Holdings, Inc. (EXLS) | $5.44B | 14.90% | 15.06% | 14.77% | 14.34% |
| Varonis Systems, Inc. (VRNS)vs › | $5.53B | -21.99% | -21.45% | -23.50% | -24.73% |
| Core Scientific, Inc. (CORZ)vs › | $5.33B | -70.39% | -37.08% | -100.46% | -63.62% |
| ACI Worldwide, Inc. (ACIW)vs › | $5.21B | 18.61% | 19.04% | 16.90% | 15.68% |
| Genpact Limited (G)vs › | $5.68B | 15.08% | 14.85% | 13.82% | 13.29% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.17B | -0.49% | -0.49% | -2.76% | 10.03% |
| EPAM Systems, Inc. (EPAM)vs › | $5.74B | 10.26% | 10.54% | 10.91% | 12.05% |
| Rigetti Computing, Inc. (RGTI)vs › | $5.04B | -1194.41% | -914.68% | -815.99% | -718.91% |
| Klaviyo, Inc. (KVYO)vs › | $5.00B | -1.86% | -7.23% | -18.36% | -20.14% |
| Dave Inc. (DAVE)vs › | $4.96B | 34.52% | 21.82% | -9.56% | -7.07% |
Gross Margin
38.5%
Operating Margin
14.9%
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 | 14.68% |
| 2026-03-31 | 16.10% |
| 2025-12-31 | 14.38% |
| 2025-09-30 | 14.38% |
| 2025-06-30 | 15.77% |
| 2025-03-31 | 15.65% |
| 2024-12-31 | 14.80% |
| 2024-09-30 | 14.70% |
| 2024-06-30 | 13.71% |
| 2024-03-31 | 14.09% |
| 2023-12-31 | 13.11% |
| 2023-09-30 | 14.66% |
| 2023-06-30 | 16.00% |
| 2023-03-31 | 14.84% |
| 2022-12-31 | 13.61% |
| 2022-09-30 | 13.87% |
| 2022-06-30 | 13.58% |
| 2022-03-31 | 13.36% |
| 2021-12-31 | 12.20% |
| 2021-09-30 | 14.62% |
| 2021-06-30 | 13.03% |
| 2021-03-31 | 15.90% |
| 2020-12-31 | 15.37% |
| 2020-09-30 | 14.28% |
| 2020-06-30 | 4.43% |
| 2020-03-31 | 11.17% |
| 2019-12-31 | 9.08% |
| 2019-09-30 | 8.92% |
| 2019-06-30 | 5.69% |
| 2019-03-31 | 7.04% |
| 2018-12-31 | -0.89% |
| 2018-09-30 | 8.51% |
| 2018-06-30 | 8.13% |
| 2018-03-31 | 7.32% |
| 2017-12-31 | 10.89% |
| 2017-09-30 | 10.89% |
| 2017-06-30 | 9.66% |
| 2017-03-31 | 9.40% |
| 2016-12-31 | 8.00% |
| 2016-09-30 | 10.14% |
| 2016-06-30 | 9.52% |
| 2016-03-31 | 9.85% |
| 2015-12-31 | 10.78% |
| 2015-09-30 | 12.69% |
| 2015-06-30 | 9.80% |
| 2015-03-31 | 9.38% |
| 2014-12-31 | 5.22% |
| 2014-09-30 | 4.40% |
| 2014-06-30 | 5.09% |
| 2014-03-31 | 12.72% |
| 2013-12-31 | 18.51% |
| 2013-09-30 | 15.95% |
| 2013-06-30 | 11.06% |
| 2013-03-31 | 10.43% |
| 2012-12-31 | 13.21% |
| 2012-09-30 | 14.98% |
| 2012-06-30 | 13.32% |
| 2012-03-31 | 9.97% |
| 2011-12-31 | 12.42% |
| 2011-09-30 | 11.66% |
| 2011-06-30 | 11.06% |
| 2011-03-31 | 10.30% |
| 2010-12-31 | 11.13% |
| 2010-09-30 | 10.33% |
| 2010-06-30 | 8.69% |
| 2010-03-31 | 11.88% |
| 2009-12-31 | 20.43% |
| 2009-09-30 | 10.75% |
| 2009-06-30 | 6.59% |
| 2009-03-31 | 10.45% |
| 2008-12-31 | 12.38% |
| 2008-09-30 | 11.30% |
| 2008-06-30 | 4.57% |
| 2008-03-31 | 9.89% |
| 2007-12-31 | 9.93% |
| 2007-09-30 | 3.77% |
| 2007-06-30 | 6.10% |
| 2007-03-31 | 12.38% |
| 2006-12-31 | 16.39% |
| 2006-09-30 | 11.56% |
| 2006-06-30 | 12.26% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | -256.58% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | -264.94% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
