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 3.44% is 50% below its 5-year average of 6.81%, around the middle of its 5-year range (-1.09%–11.84%).
21.06% above its 12-month average of 2.84%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -1.04%.
OPERATING MARGIN
3.44%
OPERATING MARGIN AVG TTM
2.84%
OPERATING MARGIN AVG 3Y
5.35%
OPERATING MARGIN AVG 5Y
6.81%
OPERATING MARGIN AVG 10Y
3.87%
OPERATING MARGIN AVG 15Y
3.46%
OPERATING MARGIN AVG 20Y
4.74%
CURRENT VS TTM AVG
+21.06%
CURRENT VS 3Y AVG
-35.66%
CURRENT VS 5Y AVG
-49.51%
CURRENT VS 10Y AVG
-11.10%
CURRENT VS 15Y AVG
-0.62%
CURRENT VS 20Y AVG
-27.50%
SECTOR MEDIAN · TECHNOLOGY
11.96%
median of 219 covered companies
CURRENT VS SECTOR MEDIAN
-71.24%
vs the sector median at left
Market Cap
$58.27B
Operating Margin
-112.53%
TTM Avg
-243.80%
3Y Avg
-806.24%
5Y Avg
-536.92%
Market Cap
$55.40B
Operating Margin
14.10%
TTM Avg
5.64%
3Y Avg
6.68%
5Y Avg
8.16%
Market Cap
$60.05B
Operating Margin
22.75%
TTM Avg
-4.47%
3Y Avg
-27.45%
5Y Avg
-27.45%
Market Cap
$61.44B
Operating Margin
28.65%
TTM Avg
27.04%
3Y Avg
27.60%
5Y Avg
23.10%
Market Cap
$52.93B
Operating Margin
-8.57%
TTM Avg
-204.19%
3Y Avg
-171.77%
5Y Avg
-140.59%
Market Cap
$51.11B
Operating Margin
5.23%
TTM Avg
7.69%
3Y Avg
17.39%
5Y Avg
16.91%
Market Cap
$63.89B
Operating Margin
19.09%
TTM Avg
18.22%
3Y Avg
17.75%
5Y Avg
17.70%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nokia Oyj (NOK) | $57.25B | 3.44% | 2.84% | 5.35% | 6.81% |
| Nebius Group N.V. (NBIS)vs › | $58.27B | -112.53% | -243.80% | -806.24% | -536.92% |
| Ciena Corporation (CIEN)vs › | $55.40B | 14.10% | 5.64% | 6.68% | 8.16% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $60.05B | 22.75% | -4.47% | -27.45% | -27.45% |
| Garmin Ltd. (GRMN)vs › | $54.22B | 27.61% | 25.60% | 23.31% | 23.81% |
| NXP Semiconductors N.V. (NXPI)vs › | $61.44B | 28.65% | 27.04% | 27.60% | 23.10% |
| Strategy Inc (MSTR)vs › | $52.93B | -8.57% | -204.19% | -171.77% | -140.59% |
| STMicroelectronics N.V. (STM)vs › | $51.11B | 5.23% | 7.69% | 17.39% | 16.91% |
| TE Connectivity plc (TEL)vs › | $63.89B | 19.09% | 18.22% | 17.75% | 17.70% |
| Atlassian Corporation (TEAM)vs › | $49.35B | 0.16% | -1.17% | -3.70% | -1.51% |
Gross Margin
44.4%
Operating Margin
3.4%
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 |
|---|---|
| 2026-06-30 | -1.04% |
| 2026-03-31 | 1.40% |
| 2025-12-31 | 7.13% |
| 2025-09-30 | 4.95% |
| 2025-06-30 | 1.76% |
| 2025-03-31 | -1.09% |
| 2024-12-31 | 7.94% |
| 2024-09-30 | 6.43% |
| 2024-06-30 | 9.67% |
| 2024-03-31 | 9.11% |
| 2023-12-31 | 9.58% |
| 2023-09-30 | 5.03% |
| 2023-06-30 | 8.62% |
| 2023-03-31 | 7.27% |
| 2022-12-31 | 11.84% |
| 2022-09-30 | 8.30% |
| 2022-06-30 | 9.60% |
| 2022-03-31 | 6.62% |
| 2021-12-31 | 11.54% |
| 2021-09-30 | 9.30% |
| 2021-06-30 | 9.11% |
| 2021-03-31 | 8.49% |
| 2020-12-31 | 6.73% |
| 2020-09-30 | 6.61% |
| 2020-06-30 | 3.34% |
| 2020-03-31 | -1.55% |
| 2019-12-31 | 11.63% |
| 2019-09-30 | 4.64% |
| 2019-06-30 | -1.00% |
| 2019-03-31 | -10.41% |
| 2018-12-31 | 8.04% |
| 2018-09-30 | -0.99% |
| 2018-06-30 | -4.16% |
| 2018-03-31 | -6.82% |
| 2017-12-31 | 6.30% |
| 2017-09-30 | -4.18% |
| 2017-06-30 | -0.80% |
| 2017-03-31 | -2.36% |
| 2016-12-31 | 4.76% |
| 2016-09-30 | 0.93% |
| 2016-06-30 | -13.63% |
| 2016-03-31 | -12.92% |
| 2015-12-31 | 17.82% |
| 2015-09-30 | 10.97% |
| 2015-06-30 | 16.89% |
| 2015-03-31 | 7.77% |
| 2014-12-31 | 11.91% |
| 2014-09-30 | 13.15% |
| 2014-06-30 | 9.65% |
| 2014-03-31 | 9.08% |
| 2013-12-31 | -14.80% |
| 2013-09-30 | 8.92% |
| 2013-06-30 | 0.38% |
| 2013-03-31 | -0.96% |
| 2012-12-31 | 5.46% |
| 2012-09-30 | -7.79% |
| 2012-06-30 | -10.93% |
| 2012-03-31 | -18.19% |
| 2011-12-31 | -9.54% |
| 2011-09-30 | -0.79% |
| 2011-06-30 | -5.25% |
| 2011-03-31 | 4.22% |
| 2010-12-31 | 6.99% |
| 2010-09-30 | 3.92% |
| 2010-06-30 | 2.95% |
| 2010-03-31 | 5.12% |
| 2009-12-31 | 9.52% |
| 2009-09-30 | -4.34% |
| 2009-06-30 | 2.51% |
| 2009-03-31 | 0.59% |
| 2008-12-31 | 3.97% |
| 2008-09-30 | 12.00% |
| 2008-06-30 | 11.21% |
| 2008-03-31 | 12.09% |
| 2007-12-31 | 15.85% |
| 2007-09-30 | 14.44% |
| 2007-06-30 | 18.74% |
| 2007-03-31 | 12.91% |
| 2006-12-31 | 12.98% |
| 2006-09-30 | 10.89% |
| 2006-06-30 | 15.31% |
| 2006-03-31 | 14.38% |
| 2005-12-31 | 13.24% |
| 2005-09-30 | 13.67% |
| 2005-06-30 | 12.46% |
| 2005-03-31 | 15.12% |
| 2004-12-31 | 14.97% |
| 2004-09-30 | 13.64% |
| 2004-06-30 | 13.66% |
| 2004-03-31 | 17.17% |
| 2003-12-31 | 19.00% |
| 2003-09-30 | 16.79% |
| 2003-06-30 | 11.65% |
| 2003-03-31 | 20.23% |
| 2002-12-31 | 16.56% |
| 2002-09-30 | 11.89% |