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 35.29% is 13% above its 5-year average of 31.22%, near the high end of its 5-year range (24.35%–37.39%).
1.22% above its 12-month average of 34.86%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-06-28): 37.39%.
OPERATING MARGIN
35.29%
OPERATING MARGIN AVG TTM
34.86%
OPERATING MARGIN AVG 3Y
31.49%
OPERATING MARGIN AVG 5Y
31.22%
OPERATING MARGIN AVG 10Y
28.87%
OPERATING MARGIN AVG 15Y
23.30%
OPERATING MARGIN AVG 20Y
23.22%
CURRENT VS TTM AVG
+1.22%
CURRENT VS 3Y AVG
+12.07%
CURRENT VS 5Y AVG
+13.05%
CURRENT VS 10Y AVG
+22.23%
CURRENT VS 15Y AVG
+51.46%
CURRENT VS 20Y AVG
+51.97%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+152.07%
vs the sector median at left
Lam Research Corporation
Market Cap
$338.74B
Operating Margin
35.29%
TTM Avg
34.86%
3Y Avg
31.49%
5Y Avg
31.22%
Market Cap
$334.39B
Operating Margin
30.50%
TTM Avg
29.09%
3Y Avg
29.31%
5Y Avg
29.42%
Market Cap
$361.03B
Operating Margin
9.49%
TTM Avg
6.99%
3Y Avg
6.43%
5Y Avg
6.07%
Market Cap
$305.70B
Operating Margin
6.05%
TTM Avg
9.77%
3Y Avg
8.42%
5Y Avg
3.85%
Market Cap
$396.21B
Operating Margin
31.59%
TTM Avg
21.21%
3Y Avg
9.84%
5Y Avg
-15.79%
Market Cap
$404.33B
Operating Margin
32.36%
TTM Avg
30.83%
3Y Avg
29.21%
5Y Avg
30.03%
Market Cap
$258.27B
Operating Margin
17.30%
TTM Avg
19.55%
3Y Avg
16.87%
5Y Avg
17.43%
Market Cap
$246.92B
Operating Margin
-2.21%
TTM Avg
-4.57%
3Y Avg
-4.43%
5Y Avg
-6.35%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lam Research Corporation (LRCX) | $338.74B | 35.29% | 34.86% | 31.49% | 31.22% |
| Applied Materials, Inc. (AMAT)vs › | $334.39B | 30.50% | 29.09% | 29.31% | 29.42% |
| Dell Technologies Inc. (DELL)vs › | $361.03B | 9.49% | 6.99% | 6.43% | 6.07% |
| Palo Alto Networks, Inc. (PANW)vs › | $305.70B | 6.05% | 9.77% | 8.42% | 3.85% |
| Palantir Technologies Inc. (PLTR)vs › | $396.21B | 31.59% | 21.21% | 9.84% | -15.79% |
| Oracle Corporation (ORCL)vs › | $404.33B | 32.36% | 30.83% | 29.21% | 30.03% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $258.27B | 17.30% | 19.55% | 16.87% | 17.43% |
| SAP SE (SAP)vs › | $251.31B | 26.78% | 19.89% | 19.60% | 21.00% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $246.92B | -2.21% | -4.57% | -4.43% | -6.35% |
| Cisco Systems, Inc. (CSCO)vs › | $433.83B | 24.27% | 22.52% | 23.51% | 24.48% |
Gross Margin
50.5%
Operating Margin
35.3%
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 |
|---|---|
| 2026-06-28 | 37.39% |
| 2026-03-29 | 35.04% |
| 2025-12-28 | 33.87% |
| 2025-09-28 | 34.35% |
| 2025-06-29 | 33.67% |
| 2025-03-30 | 33.09% |
| 2024-12-29 | 30.48% |
| 2024-09-29 | 30.33% |
| 2024-06-30 | 29.10% |
| 2024-03-31 | 27.87% |
| 2023-12-24 | 28.13% |
| 2023-09-24 | 29.38% |
| 2023-06-30 | 26.65% |
| 2023-03-26 | 24.35% |
| 2022-12-25 | 31.84% |
| 2022-09-25 | 33.46% |
| 2022-06-30 | 31.91% |
| 2022-03-27 | 29.36% |
| 2021-12-26 | 31.66% |
| 2021-09-26 | 31.88% |
| 2021-06-30 | 31.75% |
| 2021-03-28 | 31.07% |
| 2020-12-27 | 29.21% |
| 2020-09-27 | 30.25% |
| 2020-06-30 | 27.07% |
| 2020-03-29 | 27.72% |
| 2019-12-29 | 26.57% |
| 2019-09-29 | 24.82% |
| 2019-06-30 | 26.13% |
| 2019-03-31 | 23.19% |
| 2018-12-23 | 27.37% |
| 2018-09-23 | 25.39% |
| 2018-06-30 | 30.56% |
| 2018-03-25 | 28.61% |
| 2017-12-24 | 28.57% |
| 2017-09-24 | 27.97% |
| 2017-06-30 | 25.93% |
| 2017-03-26 | 25.00% |
| 2016-12-25 | 23.37% |
| 2016-09-25 | 19.35% |
| 2016-06-30 | 20.00% |
| 2016-03-27 | 14.52% |
| 2015-12-27 | 16.75% |
| 2015-09-27 | 20.96% |
| 2015-06-30 | 12.90% |
| 2015-03-29 | 17.22% |
| 2014-12-28 | 15.32% |
| 2014-09-28 | 14.60% |
| 2014-06-30 | 17.28% |
| 2014-03-30 | 15.64% |
| 2013-12-29 | 14.74% |
| 2013-09-29 | 10.38% |
| 2013-06-30 | 8.77% |
| 2013-03-31 | 1.28% |
| 2012-12-23 | 0.47% |
| 2012-09-23 | 1.84% |
| 2012-06-30 | 4.40% |
| 2012-03-25 | 8.82% |
| 2011-12-25 | 8.14% |
| 2011-09-25 | 14.61% |
| 2011-06-30 | 18.91% |
| 2011-03-27 | 24.35% |
| 2010-12-26 | 27.69% |
| 2010-09-26 | 27.80% |
| 2010-06-30 | 22.40% |
| 2010-03-28 | 23.56% |
| 2009-12-27 | 18.75% |
| 2009-09-27 | 9.18% |
| 2009-06-30 | -29.93% |
| 2009-03-29 | -111.91% |
| 2008-12-28 | -13.19% |
| 2008-09-28 | 3.75% |
| 2008-06-30 | 11.29% |
| 2008-03-30 | 14.06% |
| 2007-12-23 | 26.43% |
| 2007-09-23 | 28.90% |
| 2007-06-30 | 29.53% |
| 2007-03-25 | 29.06% |
| 2006-12-24 | 30.71% |
| 2006-09-24 | 32.24% |
| 2006-06-30 | 30.33% |
| 2006-03-26 | 25.21% |
| 2005-12-25 | 21.47% |
| 2005-09-25 | 18.60% |
| 2005-06-30 | 23.33% |
| 2005-03-27 | 22.51% |
| 2004-12-26 | 28.59% |
| 2004-09-26 | 28.91% |
| 2004-06-30 | 20.79% |
| 2004-03-28 | 10.67% |
| 2003-12-28 | 4.20% |
| 2003-09-28 | 2.69% |
| 2003-06-30 | -4.07% |
| 2003-03-30 | -0.56% |
| 2002-12-29 | -0.55% |
| 2002-09-29 | 2.15% |