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 21.37% is in line with its 5-year average of 23.35%, around the middle of its 5-year range (12.52%–31.77%).
7.92% below its 12-month average of 23.21%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 19.18%.
OPERATING MARGIN
21.37%
OPERATING MARGIN AVG TTM
23.21%
OPERATING MARGIN AVG 3Y
26.30%
OPERATING MARGIN AVG 5Y
23.35%
OPERATING MARGIN AVG 10Y
22.77%
OPERATING MARGIN AVG 15Y
23.06%
OPERATING MARGIN AVG 20Y
22.45%
CURRENT VS TTM AVG
-7.92%
CURRENT VS 3Y AVG
-18.75%
CURRENT VS 5Y AVG
-8.47%
CURRENT VS 10Y AVG
-6.15%
CURRENT VS 15Y AVG
-7.32%
CURRENT VS 20Y AVG
-4.80%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+52.64%
vs the sector median at left
Market Cap
$25.93B
Operating Margin
11.66%
TTM Avg
18.71%
3Y Avg
24.13%
5Y Avg
20.38%
Market Cap
$26.96B
Operating Margin
23.73%
TTM Avg
20.25%
3Y Avg
14.42%
5Y Avg
18.09%
Market Cap
$26.98B
Operating Margin
67.86%
TTM Avg
67.81%
3Y Avg
67.20%
5Y Avg
66.54%
Market Cap
$27.86B
Operating Margin
15.76%
TTM Avg
15.68%
3Y Avg
15.13%
5Y Avg
14.75%
Market Cap
$27.86B
Operating Margin
19.45%
TTM Avg
18.12%
3Y Avg
18.10%
5Y Avg
16.92%
Market Cap
$24.04B
Operating Margin
20.90%
TTM Avg
20.43%
3Y Avg
19.73%
5Y Avg
19.73%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fiserv, Inc. (FISV) | $26.37B | 21.37% | 23.21% | 26.30% | 23.35% |
| Corpay, Inc. (CPAY)vs › | $26.29B | 40.80% | 44.03% | 43.59% | 43.15% |
| ON Semiconductor Corporation (ON)vs › | $25.93B | 11.66% | 18.71% | 24.13% | 20.38% |
| Zoom Communications, Inc. (ZM)vs › | $26.96B | 23.73% | 20.25% | 14.42% | 18.09% |
| VeriSign, Inc. (VRSN)vs › | $26.98B | 67.86% | 67.81% | 67.20% | 66.54% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $27.86B | 15.76% | 15.68% | 15.13% | 14.75% |
| Teledyne Technologies Incorporated (TDY)vs › | $27.86B | 19.45% | 18.12% | 18.10% | 16.92% |
| Qnity Electronics, Inc. (Q)vs › | $24.04B | 20.90% | 20.43% | 19.73% | 19.73% |
| F5, Inc. (FFIV)vs › | $23.90B | 24.53% | 24.09% | 19.99% | 18.63% |
| Super Micro Computer, Inc. (SMCI)vs › | $23.84B | 7.09% | 6.39% | 7.89% | 7.41% |
Gross Margin
59.4%
Operating Margin
21.4%
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 | 19.18% |
| 2026-03-31 | 16.67% |
| 2025-12-31 | 22.16% |
| 2025-09-30 | 27.28% |
| 2025-06-30 | 30.75% |
| 2025-03-31 | 27.19% |
| 2024-12-31 | 31.77% |
| 2024-09-30 | 30.72% |
| 2024-06-30 | 27.96% |
| 2024-03-31 | 24.19% |
| 2023-12-31 | 29.41% |
| 2023-09-30 | 30.84% |
| 2023-06-30 | 23.78% |
| 2023-03-31 | 20.54% |
| 2022-12-31 | 25.46% |
| 2022-09-30 | 18.92% |
| 2022-06-30 | 19.33% |
| 2022-03-31 | 20.44% |
| 2021-12-31 | 12.52% |
| 2021-09-30 | 15.28% |
| 2021-06-30 | 15.90% |
| 2021-03-31 | 12.65% |
| 2020-12-31 | 13.47% |
| 2020-09-30 | 14.32% |
| 2020-06-30 | 4.76% |
| 2020-03-31 | 16.69% |
| 2019-12-31 | 11.82% |
| 2019-09-30 | 11.96% |
| 2019-06-30 | 25.40% |
| 2019-03-31 | 24.83% |
| 2018-12-31 | 27.79% |
| 2018-09-30 | 25.21% |
| 2018-06-30 | 25.21% |
| 2018-03-31 | 42.22% |
| 2017-12-31 | 28.03% |
| 2017-09-30 | 26.43% |
| 2017-06-30 | 26.84% |
| 2017-03-31 | 26.18% |
| 2016-12-31 | 26.21% |
| 2016-09-30 | 26.74% |
| 2016-06-30 | 26.56% |
| 2016-03-31 | 25.47% |
| 2015-12-31 | 24.05% |
| 2015-09-30 | 26.05% |
| 2015-06-30 | 25.12% |
| 2015-03-31 | 24.63% |
| 2014-12-31 | 24.09% |
| 2014-09-30 | 24.94% |
| 2014-06-30 | 24.50% |
| 2014-03-31 | 21.96% |
| 2013-12-31 | 23.52% |
| 2013-09-30 | 23.31% |
| 2013-06-30 | 22.79% |
| 2013-03-31 | 18.32% |
| 2012-12-31 | 25.00% |
| 2012-09-30 | 23.94% |
| 2012-06-30 | 23.64% |
| 2012-03-31 | 21.79% |
| 2011-12-31 | 24.20% |
| 2011-09-30 | 22.86% |
| 2011-06-30 | 23.57% |
| 2011-03-31 | 21.09% |
| 2010-12-31 | 24.77% |
| 2010-09-30 | 24.49% |
| 2010-06-30 | 24.56% |
| 2010-03-31 | 23.61% |
| 2009-12-31 | 24.11% |
| 2009-09-30 | 23.29% |
| 2009-06-30 | 23.40% |
| 2009-03-31 | 21.99% |
| 2008-12-31 | 20.64% |
| 2008-09-30 | 19.81% |
| 2008-06-30 | 17.57% |
| 2008-03-31 | 17.25% |
| 2007-12-31 | 40.47% |
| 2007-09-30 | 20.78% |
| 2007-06-30 | 19.38% |
| 2007-03-31 | 15.83% |
| 2006-12-31 | 15.15% |
| 2006-09-30 | 16.07% |
| 2006-06-30 | 16.70% |
| 2006-03-31 | 17.59% |
| 2005-12-31 | 18.42% |
| 2005-09-30 | 16.95% |
| 2005-06-30 | 18.79% |
| 2005-03-31 | 19.32% |
| 2004-12-31 | 20.46% |
| 2004-09-30 | 18.58% |
| 2004-06-30 | 17.60% |
| 2004-03-31 | 17.75% |
| 2003-12-31 | 17.56% |
| 2003-09-30 | 17.34% |
| 2003-06-30 | 17.88% |
| 2003-03-31 | 17.61% |
| 2002-12-31 | 17.02% |
| 2002-09-30 | 17.28% |
