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 35.32% is 35% above its 5-year average of 26.13%, near the high end of its 5-year range (17.01%–41.37%).
2.39% above its 12-month average of 34.49%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 40.16%.
OPERATING MARGIN
35.32%
OPERATING MARGIN AVG TTM
34.49%
OPERATING MARGIN AVG 3Y
28.89%
OPERATING MARGIN AVG 5Y
26.13%
OPERATING MARGIN AVG 10Y
24.37%
OPERATING MARGIN AVG 15Y
30.12%
OPERATING MARGIN AVG 20Y
35.94%
CURRENT VS TTM AVG
+2.39%
CURRENT VS 3Y AVG
+22.26%
CURRENT VS 5Y AVG
+35.17%
CURRENT VS 10Y AVG
+44.93%
CURRENT VS 15Y AVG
+17.25%
CURRENT VS 20Y AVG
-1.71%
SECTOR MEDIAN · TECHNOLOGY
11.85%
median of 225 covered companies
CURRENT VS SECTOR MEDIAN
+198.06%
vs the sector median at left
NetEase, Inc.
Market Cap
$74.83B
Operating Margin
35.32%
TTM Avg
34.49%
3Y Avg
28.89%
5Y Avg
26.13%
Market Cap
$74.27B
Operating Margin
25.05%
TTM Avg
24.98%
3Y Avg
22.80%
5Y Avg
21.71%
Market Cap
$70.73B
Operating Margin
28.72%
TTM Avg
25.27%
3Y Avg
26.59%
5Y Avg
24.48%
Market Cap
$70.20B
Operating Margin
21.74%
TTM Avg
21.40%
3Y Avg
21.97%
5Y Avg
25.01%
Market Cap
$65.73B
Operating Margin
20.25%
TTM Avg
17.19%
3Y Avg
20.96%
5Y Avg
20.64%
Market Cap
$65.53B
Operating Margin
19.71%
TTM Avg
20.30%
3Y Avg
26.01%
5Y Avg
23.45%
Market Cap
$84.45B
Operating Margin
17.41%
TTM Avg
2.87%
3Y Avg
-6.46%
5Y Avg
1.59%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetEase, Inc. (NTES) | $74.83B | 35.32% | 34.49% | 28.89% | 26.13% |
| Motorola Solutions, Inc. (MSI)vs › | $74.27B | 25.05% | 24.98% | 22.80% | 21.71% |
| Intuit Inc. (INTU)vs › | $76.89B | 28.80% | 27.47% | 24.77% | 24.21% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $70.73B | 28.72% | 25.27% | 26.59% | 24.48% |
| Teradyne, Inc. (TER)vs › | $70.20B | 21.74% | 21.40% | 21.97% | 25.01% |
| Coherent, Inc. (COHR)vs › | $65.94B | 11.96% | 11.06% | 7.54% | 9.27% |
| Keysight Technologies, Inc. (KEYS)vs › | $65.73B | 20.25% | 17.19% | 20.96% | 20.64% |
| United Microelectronics Corporation (UMC)vs › | $65.53B | 19.71% | 20.30% | 26.01% | 23.45% |
| Lumentum Holdings Inc. (LITE)vs › | $84.45B | 17.41% | 2.87% | -6.46% | 1.59% |
| TE Connectivity plc (TEL)vs › | $63.89B | 19.09% | 18.22% | 17.75% | 17.70% |
Gross Margin
67.2%
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 |
|---|---|
| 2026-06-30 | 40.16% |
| 2026-03-31 | 41.37% |
| 2025-12-31 | 30.20% |
| 2025-09-30 | 28.26% |
| 2025-06-30 | 32.49% |
| 2025-03-31 | 36.22% |
| 2024-12-31 | 29.24% |
| 2024-09-30 | 27.27% |
| 2024-06-30 | 27.44% |
| 2024-03-31 | 28.39% |
| 2023-12-31 | 25.31% |
| 2023-09-30 | 27.71% |
| 2023-06-30 | 25.25% |
| 2023-03-31 | 28.83% |
| 2022-12-31 | 17.49% |
| 2022-09-30 | 19.41% |
| 2022-06-30 | 21.36% |
| 2022-03-31 | 23.38% |
| 2021-12-31 | 18.91% |
| 2021-09-30 | 17.01% |
| 2021-06-30 | 18.31% |
| 2021-03-31 | 20.84% |
| 2020-12-31 | 15.24% |
| 2020-09-30 | 15.38% |
| 2020-06-30 | 22.93% |
| 2020-03-31 | 26.29% |
| 2019-12-31 | 18.92% |
| 2019-09-30 | 22.79% |
| 2019-06-30 | 25.78% |
| 2019-03-31 | 26.04% |
| 2018-12-31 | 11.31% |
| 2018-09-30 | 19.27% |
| 2018-06-30 | 14.33% |
| 2018-03-31 | 8.52% |
| 2017-12-31 | 9.77% |
| 2017-09-30 | 20.43% |
| 2017-06-30 | 25.46% |
| 2017-03-31 | 34.98% |
| 2016-12-31 | 31.96% |
| 2016-09-30 | 30.90% |
| 2016-06-30 | 34.04% |
| 2016-03-31 | 36.23% |
| 2015-12-31 | 30.60% |
| 2015-09-30 | 31.30% |
| 2015-06-30 | 31.75% |
| 2015-03-31 | 35.94% |
| 2014-12-31 | 35.97% |
| 2014-09-30 | 38.48% |
| 2014-06-30 | 42.49% |
| 2014-03-31 | 48.37% |
| 2013-12-31 | 44.54% |
| 2013-09-30 | 47.17% |
| 2013-06-30 | 47.32% |
| 2013-03-31 | 50.66% |
| 2012-12-31 | 45.26% |
| 2012-09-30 | 41.18% |
| 2012-06-30 | 45.04% |
| 2012-03-31 | 49.63% |
| 2011-12-31 | 44.02% |
| 2011-09-30 | 46.95% |
| 2011-06-30 | 45.40% |
| 2011-03-31 | 46.20% |
| 2010-12-31 | 48.52% |
| 2010-09-30 | 41.91% |
| 2010-06-30 | 46.57% |
| 2010-03-31 | 47.66% |
| 2009-12-31 | 48.57% |
| 2009-09-30 | 47.02% |
| 2009-06-30 | 59.91% |
| 2009-03-31 | 63.29% |
| 2008-12-31 | -157.30% |
| 2008-09-30 | 58.62% |
| 2008-06-30 | 67.18% |
| 2008-03-31 | 62.76% |
| 2007-12-31 | 63.23% |
| 2007-09-30 | 46.05% |
| 2007-06-30 | 55.04% |
| 2007-03-31 | 56.33% |
| 2006-12-31 | 66.21% |
| 2006-09-30 | 53.85% |
| 2006-06-30 | 58.46% |
| 2006-03-31 | 60.39% |
| 2005-12-31 | 128.01% |
| 2005-09-30 | 62.28% |
| 2005-06-30 | 62.82% |
| 2005-03-31 | 52.70% |
| 2004-12-31 | 48.00% |
| 2004-09-30 | 45.60% |
| 2004-06-01 | 48.67% |
| 2004-03-31 | 57.71% |
| 2003-12-31 | 60.74% |
| 2003-09-30 | 62.66% |
| 2003-06-30 | 60.21% |
| 2003-03-31 | 56.73% |
| 2002-12-31 | -138.02% |
| 2002-09-30 | 100.00% |
