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 34.03% is 12% above its 5-year average of 30.25%, near the high end of its 5-year range (23.88%–36.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.31% above its 12-month average of 32.94%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
34.03%
OPERATING MARGIN AVG TTM
32.94%
OPERATING MARGIN AVG 3Y
31.64%
OPERATING MARGIN AVG 5Y
30.25%
OPERATING MARGIN AVG 10Y
27.04%
OPERATING MARGIN AVG 15Y
27.00%
OPERATING MARGIN AVG 20Y
28.42%
CURRENT VS TTM AVG
+3.31%
CURRENT VS 3Y AVG
+7.57%
CURRENT VS 5Y AVG
+12.49%
CURRENT VS 10Y AVG
+25.88%
CURRENT VS 15Y AVG
+26.07%
CURRENT VS 20Y AVG
+19.74%
SECTOR MEDIAN · COMMUNICATION SERVICES
14.48%
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+135.03%
vs the sector median at left
Market Cap
$2.84T
Operating Margin
46.80%
TTM Avg
45.13%
3Y Avg
43.52%
5Y Avg
42.12%
Market Cap
$1.51T
Operating Margin
41.21%
TTM Avg
41.81%
3Y Avg
35.77%
5Y Avg
36.79%
Market Cap
$2.50T
Operating Margin
11.50%
TTM Avg
10.96%
3Y Avg
7.67%
5Y Avg
6.99%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alphabet Inc. (GOOG) | $3.87T | 34.03% | 32.94% | 31.64% | 30.25% |
| Apple Inc. (AAPL)vs › | $4.89T | 32.64% | 31.74% | 31.10% | 30.67% |
| Microsoft Corporation (MSFT)vs › | $2.84T | 46.80% | 45.13% | 43.52% | 42.12% |
| Meta Platforms, Inc. (META)vs › | $1.51T | 41.21% | 41.81% | 35.77% | 36.79% |
| Amazon.com, Inc. (AMZN)vs › | $2.50T | 11.50% | 10.96% | 7.67% | 6.99% |
| Netflix, Inc. (NFLX)vs › | $291.85B | 29.68% | 28.10% | 23.66% | 22.31% |
Gross Margin
60.9%
Operating Margin
34.0%
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 | 34.03% |
| 2026-03-31 | 36.12% |
| 2025-12-31 | 31.61% |
| 2025-09-30 | 30.51% |
| 2025-06-30 | 32.43% |
| 2025-03-31 | 33.92% |
| 2024-12-31 | 32.11% |
| 2024-09-30 | 32.31% |
| 2024-06-30 | 32.36% |
| 2024-03-31 | 31.63% |
| 2023-12-31 | 27.46% |
| 2023-09-30 | 27.83% |
| 2023-06-30 | 29.27% |
| 2023-03-31 | 24.95% |
| 2022-12-31 | 23.88% |
| 2022-09-30 | 24.80% |
| 2022-06-30 | 27.92% |
| 2022-03-31 | 29.55% |
| 2021-12-31 | 29.05% |
| 2021-09-30 | 32.30% |
| 2021-06-30 | 31.29% |
| 2021-03-31 | 29.72% |
| 2020-12-31 | 27.51% |
| 2020-09-30 | 24.28% |
| 2020-06-30 | 16.67% |
| 2020-03-31 | 19.38% |
| 2019-12-31 | 20.11% |
| 2019-09-30 | 22.66% |
| 2019-06-30 | 23.57% |
| 2019-03-31 | 18.18% |
| 2018-12-31 | 20.89% |
| 2018-09-30 | 25.56% |
| 2018-06-30 | 9.32% |
| 2018-03-31 | 24.51% |
| 2017-12-31 | 23.71% |
| 2017-09-30 | 28.02% |
| 2017-06-30 | 15.89% |
| 2017-03-31 | 26.54% |
| 2016-12-31 | 25.47% |
| 2016-09-30 | 25.69% |
| 2016-06-30 | 27.76% |
| 2016-03-31 | 26.37% |
| 2015-12-31 | 25.22% |
| 2015-09-30 | 25.21% |
| 2015-06-30 | 27.22% |
| 2015-03-31 | 25.77% |
| 2014-12-31 | 24.30% |
| 2014-09-30 | 22.54% |
| 2014-06-30 | 26.69% |
| 2014-03-31 | 26.69% |
| 2013-12-31 | 23.26% |
| 2013-09-30 | 27.34% |
| 2013-06-30 | 26.44% |
| 2013-03-31 | 28.94% |
| 2012-12-31 | 25.97% |
| 2012-09-30 | 20.60% |
| 2012-06-30 | 27.42% |
| 2012-03-31 | 31.84% |
| 2011-12-31 | 33.14% |
| 2011-09-30 | 31.46% |
| 2011-06-30 | 31.92% |
| 2011-03-31 | 26.78% |
| 2010-12-31 | 35.33% |
| 2010-09-30 | 34.96% |
| 2010-06-30 | 34.68% |
| 2010-03-31 | 36.72% |
| 2009-12-31 | 37.17% |
| 2009-09-30 | 34.89% |
| 2009-06-30 | 33.93% |
| 2009-03-31 | 34.20% |
| 2008-12-31 | 32.63% |
| 2008-09-30 | 29.73% |
| 2008-06-30 | 29.40% |
| 2008-03-31 | 29.82% |
| 2007-12-31 | 29.85% |
| 2007-09-30 | 31.14% |
| 2007-06-30 | 28.53% |
| 2007-03-31 | 33.33% |
| 2006-12-31 | 33.09% |
| 2006-09-30 | 34.63% |
| 2006-06-30 | 33.20% |
| 2006-03-31 | 32.95% |
| 2005-12-31 | 29.68% |
| 2005-09-30 | 33.52% |
| 2005-06-30 | 34.36% |
| 2005-03-31 | 35.24% |
| 2004-12-31 | 29.36% |
| 2004-09-30 | 1.38% |
| 2004-06-30 | 75.58% |
| 2004-03-31 | 23.84% |
| 2003-12-31 | 16.80% |
| 2003-09-30 | 17.01% |
| 2003-06-30 | 33.67% |
| 2003-03-31 | 34.14% |
| 2002-12-31 | 44.15% |
| 2002-09-30 | 43.51% |
