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 37.39% is 20% above its 5-year average of 31.22%, near the high end of its 5-year range (24.35%–37.39%).
As of the fiscal period ended Sunday, June 28, 2026. 7.24% above its 12-month average of 34.86%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
37.39%
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
+7.24%
CURRENT VS 3Y AVG
+18.75%
CURRENT VS 5Y AVG
+19.78%
CURRENT VS 10Y AVG
+29.51%
CURRENT VS 15Y AVG
+60.48%
CURRENT VS 20Y AVG
+61.02%
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+177.38%
vs the sector median at left
Lam Research Corporation
Market Cap
$366.44B
Operating Margin
37.39%
TTM Avg
34.86%
3Y Avg
31.49%
5Y Avg
31.22%
Market Cap
$374.12B
Operating Margin
30.85%
TTM Avg
30.83%
3Y Avg
29.21%
5Y Avg
30.03%
Market Cap
$403.07B
Operating Margin
29.51%
TTM Avg
29.09%
3Y Avg
29.31%
5Y Avg
29.42%
Market Cap
$282.55B
Operating Margin
38.13%
TTM Avg
21.21%
3Y Avg
9.84%
5Y Avg
-15.79%
Market Cap
$457.17B
Operating Margin
23.36%
TTM Avg
21.70%
3Y Avg
24.21%
5Y Avg
24.52%
Market Cap
$270.44B
Operating Margin
9.65%
TTM Avg
11.00%
3Y Avg
6.05%
5Y Avg
1.96%
Market Cap
$269.19B
Operating Margin
8.02%
TTM Avg
6.99%
3Y Avg
6.43%
5Y Avg
6.07%
Market Cap
$255.03B
Operating Margin
18.31%
TTM Avg
19.55%
3Y Avg
16.87%
5Y Avg
17.43%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lam Research Corporation (LRCX) | $366.44B | 37.39% | 34.86% | 31.49% | 31.22% |
| Oracle Corporation (ORCL)vs › | $374.12B | 30.85% | 30.83% | 29.21% | 30.03% |
| Applied Materials, Inc. (AMAT)vs › | $403.07B | 29.51% | 29.09% | 29.31% | 29.42% |
| Palantir Technologies Inc. (PLTR)vs › | $282.55B | 38.13% | 21.21% | 9.84% | -15.79% |
| Intel Corp. (INTC)vs › | $454.97B | 0.14% | -11.01% | -4.54% | 1.29% |
| Cisco Systems, Inc. (CSCO)vs › | $457.17B | 23.36% | 21.70% | 24.21% | 24.52% |
| Palo Alto Networks, Inc. (PANW)vs › | $270.44B | 9.65% | 11.00% | 6.05% | 1.96% |
| Dell Technologies Inc. (DELL)vs › | $269.19B | 8.02% | 6.99% | 6.43% | 6.07% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $255.03B | 18.31% | 19.55% | 16.87% | 17.43% |
| Texas Instruments Incorporated (TXN)vs › | $251.82B | 37.29% | 34.50% | 40.37% | 41.85% |
Gross Margin
50.5%
Operating Margin
37.4%
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% |
