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 15.49% is 37% above its 5-year average of 11.27%, near the high end of its 5-year range (2.52%–16.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.03% above its 12-month average of 15.34%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
15.49%
OPERATING MARGIN AVG TTM
15.34%
OPERATING MARGIN AVG 3Y
10.97%
OPERATING MARGIN AVG 5Y
11.27%
OPERATING MARGIN AVG 10Y
12.52%
OPERATING MARGIN AVG 15Y
14.12%
OPERATING MARGIN AVG 20Y
15.37%
CURRENT VS TTM AVG
+1.03%
CURRENT VS 3Y AVG
+41.24%
CURRENT VS 5Y AVG
+37.45%
CURRENT VS 10Y AVG
+23.76%
CURRENT VS 15Y AVG
+9.71%
CURRENT VS 20Y AVG
+0.81%
SECTOR MEDIAN · TECHNOLOGY
14.87%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
+4.20%
vs the sector median at left
Market Cap
$131.84B
Operating Margin
11.40%
TTM Avg
13.08%
3Y Avg
9.89%
5Y Avg
8.05%
Market Cap
$150.95B
Operating Margin
34.47%
TTM Avg
34.47%
3Y Avg
17.54%
5Y Avg
11.31%
Market Cap
$118.78B
Operating Margin
32.43%
TTM Avg
30.45%
3Y Avg
26.56%
5Y Avg
24.37%
Market Cap
$115.86B
Operating Margin
-26.11%
TTM Avg
-35.39%
3Y Avg
-37.64%
5Y Avg
-50.18%
Market Cap
$159.88B
Operating Margin
12.47%
TTM Avg
8.53%
3Y Avg
3.57%
5Y Avg
-8.56%
Market Cap
$161.74B
Operating Margin
21.94%
TTM Avg
20.24%
3Y Avg
14.54%
5Y Avg
10.39%
Market Cap
$108.92B
Operating Margin
-14.11%
TTM Avg
-9.41%
3Y Avg
-13.44%
5Y Avg
-16.33%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $137.13B | 15.49% | 15.34% | 10.97% | 11.27% |
| ServiceNow, Inc. (NOW)vs › | $131.84B | 11.40% | 13.08% | 9.89% | 8.05% |
| Western Digital Corporation (WDC)vs › | $150.95B | 34.47% | 34.47% | 17.54% | 11.31% |
| Fortinet, Inc. (FTNT)vs › | $118.78B | 32.43% | 30.45% | 26.56% | 24.37% |
| Snowflake Inc. (SNOW)vs › | $115.86B | -26.11% | -35.39% | -37.64% | -50.18% |
| Uber Technologies, Inc. (UBER)vs › | $159.88B | 12.47% | 8.53% | 3.57% | -8.56% |
| Salesforce, Inc. (CRM)vs › | $161.74B | 21.94% | 20.24% | 14.54% | 10.39% |
| Accenture plc (ACN)vs › | $110.06B | 14.87% | 14.73% | 14.61% | 14.70% |
| Cloudflare, Inc. (NET)vs › | $108.92B | -14.11% | -9.41% | -13.44% | -16.33% |
| Automatic Data Processing, Inc. (ADP)vs › | $108.36B | 18.58% | 22.45% | 23.91% | 23.48% |
Gross Margin
36.3%
Operating Margin
15.5%
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 |
|---|---|
| 2026-06-30 | 15.49% |
| 2026-03-31 | 15.42% |
| 2025-12-31 | 16.56% |
| 2025-09-30 | 14.37% |
| 2025-06-30 | 14.84% |
| 2025-03-31 | 12.89% |
| 2024-12-31 | 11.23% |
| 2024-09-30 | 8.91% |
| 2024-06-30 | 5.72% |
| 2024-03-31 | 8.54% |
| 2023-12-31 | 2.61% |
| 2023-09-30 | 7.44% |
| 2023-06-30 | 8.60% |
| 2023-03-31 | 9.35% |
| 2022-12-31 | 2.52% |
| 2022-09-30 | 8.37% |
| 2022-06-30 | 13.55% |
| 2022-03-31 | 15.49% |
| 2021-12-31 | 13.14% |
| 2021-09-30 | 15.27% |
| 2021-06-30 | 16.42% |
| 2021-03-31 | 15.26% |
| 2020-12-31 | 14.21% |
| 2020-09-30 | 8.56% |
| 2020-06-30 | -4.02% |
| 2020-03-31 | -5.06% |
| 2019-12-31 | 5.22% |
| 2019-09-30 | 12.44% |
| 2019-06-30 | 12.72% |
| 2019-03-31 | 14.94% |
| 2018-12-31 | 15.29% |
| 2018-09-30 | 17.35% |
| 2018-06-30 | 14.38% |
| 2018-03-31 | 7.76% |
| 2017-12-31 | 14.11% |
| 2017-09-30 | 17.38% |
| 2017-06-30 | 15.26% |
| 2017-03-31 | 17.39% |
| 2016-12-31 | 17.45% |
| 2016-09-30 | 21.34% |
| 2016-06-30 | 10.47% |
| 2016-03-31 | 8.65% |
| 2015-12-31 | 3.90% |
| 2015-09-30 | 17.25% |
| 2015-06-30 | 18.40% |
| 2015-03-31 | 18.19% |
| 2014-12-31 | 22.30% |
| 2014-09-30 | 24.41% |
| 2014-06-30 | 18.53% |
| 2014-03-31 | 13.76% |
| 2013-12-31 | 9.41% |
| 2013-09-30 | 21.24% |
| 2013-06-30 | 21.39% |
| 2013-03-31 | 17.86% |
| 2012-12-31 | 30.29% |
| 2012-09-30 | 20.31% |
| 2012-06-30 | 16.19% |
| 2012-03-31 | 17.81% |
| 2011-12-31 | 11.82% |
| 2011-09-30 | 28.29% |
| 2011-06-30 | 21.15% |
| 2011-03-31 | 23.92% |
| 2010-12-31 | 36.77% |
| 2010-09-30 | 19.91% |
| 2010-06-30 | 25.12% |
| 2010-03-31 | 25.95% |
| 2009-12-31 | 13.05% |
| 2009-09-30 | 15.55% |
| 2009-06-30 | 15.84% |
| 2009-03-31 | -26.29% |
| 2008-12-31 | -2.12% |
| 2008-09-30 | 22.44% |
| 2008-06-30 | 24.65% |
| 2008-03-31 | 48.05% |
| 2007-12-31 | 20.92% |
| 2007-09-30 | 25.69% |
| 2007-06-30 | 15.30% |
| 2007-03-31 | 10.25% |
| 2006-12-31 | 24.69% |
| 2006-09-30 | 15.91% |
| 2006-06-30 | 21.57% |
| 2006-03-31 | 2.54% |
| 2005-12-31 | 22.92% |
| 2005-09-30 | 12.63% |
| 2005-06-30 | 4.29% |
| 2005-03-31 | 12.86% |
| 2004-12-31 | 6.87% |
| 2004-09-30 | -158.05% |
| 2004-06-30 | 7.52% |
| 2004-03-31 | -0.83% |
| 2003-12-31 | -53.54% |
| 2003-09-30 | -0.13% |
| 2003-06-30 | -14.63% |
| 2003-03-31 | -14.08% |
| 2002-12-31 | -325.70% |
| 2002-09-30 | -29.39% |
