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 28.97% is in line with its 5-year average of 27.51%, around the middle of its 5-year range (23.40%–31.52%).
0.47% below its 12-month average of 29.11%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 29.88%.
OPERATING MARGIN
28.97%
OPERATING MARGIN AVG TTM
29.11%
OPERATING MARGIN AVG 3Y
27.81%
OPERATING MARGIN AVG 5Y
27.51%
OPERATING MARGIN AVG 10Y
25.49%
OPERATING MARGIN AVG 15Y
20.37%
OPERATING MARGIN AVG 20Y
17.33%
CURRENT VS TTM AVG
-0.47%
CURRENT VS 3Y AVG
+4.18%
CURRENT VS 5Y AVG
+5.30%
CURRENT VS 10Y AVG
+13.66%
CURRENT VS 15Y AVG
+42.20%
CURRENT VS 20Y AVG
+67.14%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+106.93%
vs the sector median at left
Market Cap
$12.01B
Operating Margin
24.33%
TTM Avg
25.63%
3Y Avg
23.44%
5Y Avg
22.24%
Market Cap
$11.20B
Operating Margin
13.71%
TTM Avg
6.66%
3Y Avg
8.21%
5Y Avg
9.28%
Market Cap
$12.43B
Operating Margin
6.92%
TTM Avg
2.31%
3Y Avg
-25.54%
5Y Avg
-101.55%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nova Ltd. (NVMI) | $11.70B | 28.97% | 29.11% | 27.81% | 27.51% |
| Rambus Inc. (RMBS)vs › | $11.41B | 35.51% | 34.47% | 26.59% | 16.42% |
| Manhattan Associates, Inc. (MANH)vs › | $12.01B | 24.33% | 25.63% | 23.44% | 22.24% |
| Advanced Energy Industries, Inc. (AEIS)vs › | $11.20B | 13.71% | 6.66% | 8.21% | 9.28% |
| Grab Holdings Limited (GRAB)vs › | $12.43B | 6.92% | 2.31% | -25.54% | -101.55% |
| HubSpot, Inc. (HUBS)vs › | $10.95B | 3.83% | -1.10% | -4.35% | -4.56% |
| Gartner, Inc. (IT)vs › | $12.58B | 17.26% | 17.12% | 18.82% | 17.76% |
| GoDaddy Inc. (GDDY)vs › | $12.86B | 25.20% | 21.27% | 16.90% | 14.30% |
| DocuSign, Inc. (DOCU)vs › | $12.89B | 11.96% | 7.99% | 3.41% | -0.21% |
| Jack Henry & Associates, Inc. (JKHY)vs › | $10.50B | 24.91% | 24.12% | 23.37% | 23.43% |
Gross Margin
57.1%
Operating Margin
29.0%
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 | 29.88% |
| 2026-03-31 | 30.10% |
| 2025-12-31 | 27.28% |
| 2025-09-30 | 28.43% |
| 2025-06-30 | 29.84% |
| 2025-03-31 | 29.64% |
| 2024-12-31 | 28.48% |
| 2024-09-30 | 27.51% |
| 2024-06-30 | 29.08% |
| 2024-03-31 | 26.25% |
| 2023-12-31 | 25.08% |
| 2023-09-30 | 26.51% |
| 2023-06-30 | 23.40% |
| 2023-03-31 | 27.03% |
| 2022-12-31 | 24.41% |
| 2022-09-30 | 27.06% |
| 2022-06-30 | 26.10% |
| 2022-03-31 | 27.70% |
| 2021-12-31 | 24.60% |
| 2021-09-30 | 31.52% |
| 2021-06-30 | 27.84% |
| 2021-03-31 | 23.48% |
| 2020-12-31 | 22.08% |
| 2020-09-30 | 22.35% |
| 2020-06-30 | 16.48% |
| 2020-03-31 | 21.11% |
| 2019-12-31 | 22.41% |
| 2019-09-30 | 12.33% |
| 2019-06-30 | 13.25% |
| 2019-03-31 | 15.31% |
| 2018-12-31 | 23.87% |
| 2018-09-30 | 24.78% |
| 2018-06-30 | 22.01% |
| 2018-03-31 | 25.59% |
| 2017-12-31 | 21.49% |
| 2017-09-30 | 27.01% |
| 2017-06-30 | 27.95% |
| 2017-03-31 | 27.93% |
| 2016-12-31 | 21.47% |
| 2016-09-30 | -15.77% |
| 2016-06-30 | 9.90% |
| 2016-03-31 | 8.25% |
| 2015-12-31 | 8.92% |
| 2015-09-30 | 12.98% |
| 2015-06-30 | 1.17% |
| 2015-03-31 | 8.32% |
| 2014-12-31 | 6.19% |
| 2014-09-30 | 12.20% |
| 2014-06-30 | 17.15% |
| 2014-03-31 | 18.33% |
| 2013-12-31 | 12.93% |
| 2013-09-30 | 8.46% |
| 2013-06-30 | 11.83% |
| 2013-03-31 | 10.66% |
| 2012-12-31 | -1.57% |
| 2012-09-30 | 12.26% |
| 2012-06-30 | 17.24% |
| 2012-03-31 | 14.49% |
| 2011-12-31 | 11.79% |
| 2011-09-30 | 22.26% |
| 2011-06-30 | 29.94% |
| 2011-03-31 | 27.79% |
| 2010-12-31 | 27.32% |
| 2010-09-30 | 29.32% |
| 2010-06-30 | 24.10% |
| 2010-03-31 | 16.98% |
| 2009-12-31 | 17.47% |
| 2009-09-30 | 13.49% |
| 2009-06-30 | -1.97% |
| 2009-03-31 | -27.88% |
| 2008-12-31 | -48.36% |
| 2008-09-30 | -28.62% |
| 2008-06-30 | -12.02% |
| 2008-03-31 | -0.65% |
| 2007-12-31 | 4.16% |
| 2007-09-30 | -27.79% |
| 2007-06-30 | 5.75% |
| 2007-03-31 | -6.06% |
| 2006-12-31 | -6.14% |
| 2006-09-30 | -7.26% |
| 2006-06-30 | -4.26% |
| 2006-03-31 | -2.41% |
| 2005-12-31 | -17.03% |
| 2005-09-30 | -12.05% |
| 2005-06-30 | -27.66% |
| 2005-03-31 | -93.62% |
| 2004-12-31 | 0.06% |
| 2004-09-30 | 5.62% |
| 2004-06-30 | 3.45% |
| 2004-03-31 | -0.23% |
| 2003-12-31 | 5.93% |
| 2003-09-30 | -12.64% |
| 2003-06-30 | -22.49% |
| 2003-03-31 | -57.32% |
| 2002-12-31 | -47.66% |
| 2002-09-30 | -48.52% |
