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 0.74% is 93% below its 5-year average of 10.62%, near the high end of its 5-year range (-108.67%–26.90%).
19.60% above its 12-month average of 0.62%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 1.63%.
OPERATING MARGIN
0.74%
OPERATING MARGIN AVG TTM
0.62%
OPERATING MARGIN AVG 3Y
3.17%
OPERATING MARGIN AVG 5Y
10.62%
OPERATING MARGIN AVG 10Y
19.56%
OPERATING MARGIN AVG 15Y
26.07%
OPERATING MARGIN AVG 20Y
24.85%
CURRENT VS TTM AVG
+19.60%
CURRENT VS 3Y AVG
-76.68%
CURRENT VS 5Y AVG
-93.03%
CURRENT VS 10Y AVG
-96.22%
CURRENT VS 15Y AVG
-97.16%
CURRENT VS 20Y AVG
-97.02%
SECTOR MEDIAN · TECHNOLOGY
2.72%
median of 502 covered companies
CURRENT VS SECTOR MEDIAN
-72.79%
vs the sector median at left
IPG Photonics Corporation
Market Cap
$3.52B
Operating Margin
0.74%
TTM Avg
0.62%
3Y Avg
3.17%
5Y Avg
10.62%
Market Cap
$3.46B
Operating Margin
8.11%
TTM Avg
7.91%
3Y Avg
6.26%
5Y Avg
2.32%
Market Cap
$3.61B
Operating Margin
2.90%
TTM Avg
-1.15%
3Y Avg
-9.22%
5Y Avg
-28.54%
Market Cap
$3.66B
Operating Margin
34.07%
TTM Avg
37.54%
3Y Avg
39.02%
5Y Avg
38.99%
Market Cap
$3.35B
Operating Margin
3.26%
TTM Avg
7.36%
3Y Avg
8.63%
5Y Avg
8.21%
Market Cap
$3.27B
Operating Margin
-27.80%
TTM Avg
-17.80%
3Y Avg
0.05%
5Y Avg
-1.61%
Market Cap
$3.26B
Operating Margin
2.84%
TTM Avg
3.24%
3Y Avg
3.39%
5Y Avg
5.18%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IPG Photonics Corporation (IPGP) | $3.52B | 0.74% | 0.62% | 3.17% | 10.62% |
| Cohu, Inc. (COHU)vs › | $3.46B | -6.40% | -15.59% | -2.23% | 2.76% |
| Shift4 Payments, Inc. (FOUR)vs › | $3.46B | 8.11% | 7.91% | 6.26% | 2.32% |
| monday.com Ltd. (MNDY)vs › | $3.61B | 2.90% | -1.15% | -9.22% | -28.54% |
| Universal Display Corporation (OLED)vs › | $3.66B | 34.07% | 37.54% | 39.02% | 38.99% |
| Life360, Inc. (LIF)vs › | $3.37B | 1.14% | 0.85% | -12.38% | -16.46% |
| Veeco Instruments Inc. (VECO)vs › | $3.35B | 3.26% | 7.36% | 8.63% | 8.21% |
| Aehr Test Systems (AEHR)vs › | $3.27B | -27.80% | -17.80% | 0.05% | -1.61% |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.26B | 2.84% | 3.24% | 3.39% | 5.18% |
| Ouster, Inc. (OUST)vs › | $3.26B | -43.69% | -68.73% | -235.00% | -251.80% |
Gross Margin
38.4%
Operating Margin
0.7%
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 | 1.63% |
| 2026-03-31 | -2.91% |
| 2025-12-31 | 1.21% |
| 2025-09-30 | 3.13% |
| 2025-06-30 | 0.04% |
| 2025-03-31 | 0.80% |
| 2024-12-31 | 5.95% |
| 2024-09-30 | -108.67% |
| 2024-06-30 | 4.67% |
| 2024-03-31 | 7.58% |
| 2023-12-31 | 9.63% |
| 2023-09-30 | 18.48% |
| 2023-06-30 | 21.20% |
| 2023-03-31 | 21.73% |
| 2022-12-31 | -26.53% |
| 2022-09-30 | 26.69% |
| 2022-06-30 | 19.01% |
| 2022-03-31 | 25.18% |
| 2021-12-31 | 23.27% |
| 2021-09-30 | 26.90% |
| 2021-06-30 | 24.82% |
| 2021-03-31 | 25.71% |
| 2020-12-31 | 19.38% |
| 2020-09-30 | 13.00% |
| 2020-06-30 | 15.93% |
| 2020-03-31 | 17.97% |
| 2019-12-31 | 0.08% |
| 2019-09-30 | 22.53% |
| 2019-06-30 | 25.04% |
| 2019-03-31 | 21.68% |
| 2018-12-31 | 29.10% |
| 2018-09-30 | 34.76% |
| 2018-06-30 | 39.26% |
| 2018-03-31 | 39.21% |
| 2017-12-31 | 41.06% |
| 2017-09-30 | 40.81% |
| 2017-06-30 | 38.21% |
| 2017-03-31 | 35.50% |
| 2016-12-31 | 37.56% |
| 2016-09-30 | 35.37% |
| 2016-06-30 | 37.58% |
| 2016-03-31 | 33.79% |
| 2015-12-31 | 37.12% |
| 2015-09-30 | 36.77% |
| 2015-06-30 | 37.19% |
| 2015-03-31 | 41.23% |
| 2014-12-31 | 38.39% |
| 2014-09-30 | 38.86% |
| 2014-06-30 | 35.77% |
| 2014-03-31 | 33.88% |
| 2013-12-31 | 29.45% |
| 2013-09-30 | 34.72% |
| 2013-06-30 | 35.60% |
| 2013-03-31 | 35.00% |
| 2012-12-31 | 32.59% |
| 2012-09-30 | 38.37% |
| 2012-06-30 | 40.92% |
| 2012-03-31 | 36.67% |
| 2011-12-31 | 37.30% |
| 2011-09-30 | 38.15% |
| 2011-06-30 | 37.82% |
| 2011-03-31 | 34.11% |
| 2010-12-31 | 38.44% |
| 2010-09-30 | 25.74% |
| 2010-06-30 | 23.36% |
| 2010-03-31 | 10.41% |
| 2009-12-31 | 8.60% |
| 2009-09-30 | 7.96% |
| 2009-06-30 | -3.18% |
| 2009-03-31 | 4.46% |
| 2008-12-31 | 25.42% |
| 2008-09-30 | 27.56% |
| 2008-06-30 | 22.81% |
| 2008-03-31 | 23.72% |
| 2007-12-31 | 22.43% |
| 2007-09-30 | 26.75% |
| 2007-06-30 | 22.99% |
| 2007-03-31 | 26.47% |
| 2006-12-31 | 25.27% |
| 2006-09-30 | 28.56% |
| 2006-06-30 | 23.22% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | -199.90% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | -279.83% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
