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 25.61% is 71% above its 5-year average of 14.99%, near the high end of its 5-year range (-0.43%–29.03%).
1.49% below its 12-month average of 26.00%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2027 (2026-07-31): 28.14%.
OPERATING MARGIN
25.61%
OPERATING MARGIN AVG TTM
26.00%
OPERATING MARGIN AVG 3Y
20.92%
OPERATING MARGIN AVG 5Y
14.99%
OPERATING MARGIN AVG 10Y
17.73%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.49%
CURRENT VS 3Y AVG
+22.39%
CURRENT VS 5Y AVG
+70.85%
CURRENT VS 10Y AVG
+44.48%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.00%
median of 863 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
HealthEquity, Inc.
Market Cap
$7.61B
Operating Margin
25.61%
TTM Avg
26.00%
3Y Avg
20.92%
5Y Avg
14.99%
Market Cap
$7.62B
Operating Margin
-695.44%
TTM Avg
-1799.08%
3Y Avg
-2632.66%
5Y Avg
-1827.24%
Market Cap
$7.58B
Operating Margin
-92.94%
TTM Avg
-50.55%
3Y Avg
-48.57%
5Y Avg
-48.57%
Market Cap
$7.72B
Operating Margin
0.00%
TTM Avg
-1170.14%
3Y Avg
-1876.17%
5Y Avg
-1250.78%
Market Cap
$7.78B
Operating Margin
5.56%
TTM Avg
-28.40%
3Y Avg
-70.84%
5Y Avg
-47.21%
Market Cap
$7.32B
Operating Margin
-40.47%
TTM Avg
-53.92%
3Y Avg
-55.65%
5Y Avg
-41.65%
Market Cap
$8.04B
Operating Margin
17.05%
TTM Avg
16.38%
3Y Avg
-1949.35%
5Y Avg
-32157.96%
Market Cap
$8.40B
Operating Margin
4.07%
TTM Avg
-1.39%
3Y Avg
-5.39%
5Y Avg
-20.02%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HealthEquity, Inc. (HQY) | $7.61B | 25.61% | 26.00% | 20.92% | 14.99% |
| Cytokinetics, Incorporated (CYTK)vs › | $7.62B | -695.44% | -1799.08% | -2632.66% | -1827.24% |
| Hinge Health, Inc. (HNGE)vs › | $7.58B | -92.94% | -50.55% | -48.57% | -48.57% |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.72B | 0.00% | -1170.14% | -1876.17% | -1250.78% |
| Caris Life Sciences, Inc. (CAI)vs › | $7.78B | 5.56% | -28.40% | -70.84% | -47.21% |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.32B | -40.47% | -53.92% | -55.65% | -41.65% |
| TG Therapeutics, Inc. (TGTX)vs › | $8.04B | 17.05% | 16.38% | -1949.35% | -32157.96% |
| Alkermes plc (ALKS)vs › | $7.02B | 17.21% | 22.11% | 17.14% | 11.01% |
| Oscar Health, Inc. (OSCR)vs › | $8.40B | 4.07% | -1.39% | -5.39% | -20.02% |
| Chemed Corporation (CHE)vs › | $6.65B | 13.46% | 14.22% | 14.89% | 15.72% |
Gross Margin
75.2%
Operating Margin
25.6%
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 |
|---|---|
| 2026-07-31 | 28.14% |
| 2026-04-30 | 29.03% |
| 2026-01-31 | 20.14% |
| 2025-10-31 | 24.79% |
| 2025-07-31 | 27.89% |
| 2025-04-30 | 25.50% |
| 2025-01-31 | 22.94% |
| 2024-10-31 | 17.99% |
| 2024-07-31 | 20.24% |
| 2024-04-30 | 15.22% |
| 2024-01-31 | 15.69% |
| 2023-10-31 | 13.46% |
| 2023-07-31 | 11.00% |
| 2023-04-30 | 10.90% |
| 2023-01-31 | 7.84% |
| 2022-10-31 | 5.58% |
| 2022-07-31 | 2.56% |
| 2022-04-30 | 0.97% |
| 2022-01-31 | -0.43% |
| 2021-10-31 | 7.16% |
| 2021-07-31 | 8.19% |
| 2021-04-30 | 7.09% |
| 2021-01-31 | 6.95% |
| 2020-10-31 | 10.98% |
| 2020-07-31 | 11.02% |
| 2020-04-30 | 14.65% |
| 2020-01-31 | 13.02% |
| 2019-10-31 | 17.56% |
| 2019-07-31 | 31.92% |
| 2019-04-30 | 31.79% |
| 2019-01-31 | 21.88% |
| 2018-10-31 | 26.93% |
| 2018-07-31 | 30.34% |
| 2018-04-30 | 29.38% |
| 2018-01-31 | 13.96% |
| 2017-10-31 | 23.88% |
| 2017-07-31 | 29.00% |
| 2017-04-30 | 28.74% |
| 2017-01-31 | 13.20% |
| 2016-10-31 | 20.85% |
| 2016-07-31 | 28.83% |
| 2016-04-30 | 30.10% |
| 2016-01-31 | 12.15% |
| 2015-10-31 | 20.63% |
| 2015-07-31 | 24.59% |
| 2015-04-30 | 26.74% |
| 2015-01-31 | 8.12% |
| 2014-10-31 | 19.64% |
| 2014-07-31 | 24.27% |
| 2014-04-30 | 27.13% |
| 2014-01-31 | 9.26% |
| 2013-10-31 | 22.27% |
| 2013-07-31 | 24.12% |
| 2013-04-30 | 20.01% |