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 13.51% is 91% above its 5-year average of 7.08%, near the high end of its 5-year range (-22.13%–14.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.80% above its 12-month average of 13.14%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
13.51%
OPERATING MARGIN AVG TTM
13.14%
OPERATING MARGIN AVG 3Y
11.25%
OPERATING MARGIN AVG 5Y
7.08%
OPERATING MARGIN AVG 10Y
5.80%
OPERATING MARGIN AVG 15Y
5.06%
OPERATING MARGIN AVG 20Y
5.81%
CURRENT VS TTM AVG
+2.80%
CURRENT VS 3Y AVG
+20.09%
CURRENT VS 5Y AVG
+90.90%
CURRENT VS 10Y AVG
+132.95%
CURRENT VS 15Y AVG
+167.08%
CURRENT VS 20Y AVG
+132.59%
SECTOR MEDIAN · TECHNOLOGY
15.14%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
-10.75%
vs the sector median at left
Market Cap
$4.01B
Operating Margin
0.63%
TTM Avg
-1.15%
3Y Avg
-9.22%
5Y Avg
-28.54%
Market Cap
$5.13B
Operating Margin
-3.52%
TTM Avg
-9.50%
3Y Avg
-24.08%
5Y Avg
-27.64%
Market Cap
$5.32B
Operating Margin
10.26%
TTM Avg
10.54%
3Y Avg
10.91%
5Y Avg
12.05%
Market Cap
$3.59B
Operating Margin
-18.18%
TTM Avg
-32.78%
3Y Avg
-38.95%
5Y Avg
-32.03%
Market Cap
$3.26B
Operating Margin
3.26%
TTM Avg
7.36%
3Y Avg
8.63%
5Y Avg
8.21%
Market Cap
$5.79B
Operating Margin
-1.86%
TTM Avg
-7.23%
3Y Avg
-18.36%
5Y Avg
-20.14%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Itron, Inc. (ITRI) | $4.50B | 13.51% | 13.14% | 11.25% | 7.08% |
| Box, Inc. (BOX)vs › | $4.65B | 8.64% | 7.19% | 5.75% | 2.49% |
| monday.com Ltd. (MNDY)vs › | $4.01B | 0.63% | -1.15% | -9.22% | -28.54% |
| AXT, Inc. (AXTI)vs › | $3.92B | -24.88% | -19.89% | -14.84% | -7.64% |
| Bill.com Holdings, Inc. (BILL)vs › | $5.13B | -3.52% | -9.50% | -24.08% | -27.64% |
| EPAM Systems, Inc. (EPAM)vs › | $5.32B | 10.26% | 10.54% | 10.91% | 12.05% |
| Ambarella, Inc. (AMBA)vs › | $3.59B | -18.18% | -32.78% | -38.95% | -32.03% |
| Veeco Instruments Inc. (VECO)vs › | $3.26B | 3.26% | 7.36% | 8.63% | 8.21% |
| Klaviyo, Inc. (KVYO)vs › | $5.79B | -1.86% | -7.23% | -18.36% | -20.14% |
| Genpact Limited (G)vs › | $5.84B | 15.08% | 14.85% | 13.82% | 13.29% |
Gross Margin
39.9%
Operating Margin
13.5%
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 | 13.51% |
| 2026-03-31 | 11.55% |
| 2025-12-31 | 13.77% |
| 2025-09-30 | 14.09% |
| 2025-06-30 | 12.80% |
| 2025-03-31 | 12.47% |
| 2024-12-31 | 10.24% |
| 2024-09-30 | 12.01% |
| 2024-06-30 | 10.61% |
| 2024-03-31 | 10.41% |
| 2023-12-31 | 8.54% |
| 2023-09-30 | 9.79% |
| 2023-06-30 | 6.49% |
| 2023-03-31 | -2.10% |
| 2022-12-31 | 2.65% |
| 2022-09-30 | 1.64% |
| 2022-06-30 | -7.76% |
| 2022-03-31 | 1.43% |
| 2021-12-31 | -22.13% |
| 2021-09-30 | 0.85% |
| 2021-06-30 | -1.42% |
| 2021-03-31 | 5.95% |
| 2020-12-31 | 6.21% |
| 2020-09-30 | -4.44% |
| 2020-06-30 | -8.91% |
| 2020-03-31 | 4.41% |
| 2019-12-31 | 4.59% |
| 2019-09-30 | 6.32% |
| 2019-06-30 | 6.86% |
| 2019-03-31 | 3.39% |
| 2018-12-31 | 4.86% |
| 2018-09-30 | 6.99% |
| 2018-06-30 | 3.51% |
| 2018-03-31 | -23.13% |
| 2017-12-31 | 8.75% |
| 2017-09-30 | 7.85% |
| 2017-06-30 | 7.48% |
| 2017-03-31 | 6.45% |
| 2016-12-31 | 6.20% |
| 2016-09-30 | 1.26% |
| 2016-06-30 | 6.91% |
| 2016-03-31 | 4.74% |
| 2015-12-31 | 3.34% |
| 2015-09-30 | 5.74% |
| 2015-06-30 | -0.84% |
| 2015-03-31 | 3.01% |
| 2014-12-31 | -10.28% |
| 2014-09-30 | 3.32% |
| 2014-06-30 | 6.52% |
| 2014-03-31 | 0.96% |
| 2013-12-31 | -28.46% |
| 2013-09-30 | -1.31% |
| 2013-06-30 | 4.43% |
| 2013-03-31 | 0.75% |
| 2012-12-31 | 3.95% |
| 2012-09-30 | 9.12% |
| 2012-06-30 | 7.95% |
| 2012-03-31 | 6.93% |
| 2011-12-31 | -9.36% |
| 2011-09-30 | -80.78% |
| 2011-06-30 | 7.85% |
| 2011-03-31 | 8.89% |
| 2010-12-31 | 6.04% |
| 2010-09-30 | 10.66% |
| 2010-06-30 | 9.18% |
| 2010-03-31 | 6.70% |
| 2009-12-31 | 3.22% |
| 2009-09-30 | 2.21% |
| 2009-06-30 | 2.83% |
| 2009-03-30 | 2.30% |
| 2008-12-31 | 4.86% |
| 2008-09-30 | 5.23% |
| 2008-06-30 | 7.04% |
| 2008-03-24 | 5.70% |
| 2007-12-31 | 6.56% |
| 2007-09-30 | 6.69% |
| 2007-06-30 | -5.82% |
| 2007-03-31 | 6.29% |
| 2006-12-31 | 5.76% |
| 2006-09-30 | 9.64% |
| 2006-06-30 | 10.78% |
| 2006-03-31 | 12.21% |
| 2005-12-31 | 9.99% |
| 2005-09-30 | 10.04% |
| 2005-06-30 | 7.63% |
| 2005-03-31 | 4.96% |
| 2004-12-31 | -5.52% |
| 2004-09-30 | 6.17% |
| 2004-06-30 | 5.90% |
| 2004-03-31 | -1.58% |
| 2003-12-31 | 0.10% |
| 2003-09-30 | 10.06% |
| 2003-06-30 | 9.74% |
| 2003-03-31 | 7.42% |
| 2002-12-31 | -1.33% |
| 2002-09-30 | 12.87% |