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 -6.10% is 228% below its 5-year average of 4.76%, near the low end of its 5-year range (-10.28%–19.60%).
As of the fiscal period ended Thursday, April 30, 2026. 159.79% below its 12-month average of 10.20%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
-6.10%
OPERATING MARGIN AVG TTM
10.20%
OPERATING MARGIN AVG 3Y
11.03%
OPERATING MARGIN AVG 5Y
4.76%
OPERATING MARGIN AVG 10Y
-0.80%
OPERATING MARGIN AVG 15Y
-3.59%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-159.79%
CURRENT VS 3Y AVG
-155.27%
CURRENT VS 5Y AVG
-228.04%
CURRENT VS 10Y AVG
-666.16%
CURRENT VS 15Y AVG
-70.01%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
13.67%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-144.59%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$220.67B
Operating Margin
-6.10%
TTM Avg
10.20%
3Y Avg
11.03%
5Y Avg
4.76%
Market Cap
$219.08B
Operating Margin
42.79%
TTM Avg
42.44%
3Y Avg
39.56%
5Y Avg
36.63%
Market Cap
$212.74B
Operating Margin
-18.72%
TTM Avg
-12.87%
3Y Avg
-11.72%
5Y Avg
-9.38%
Market Cap
$201.80B
Operating Margin
17.86%
TTM Avg
17.27%
3Y Avg
15.98%
5Y Avg
14.06%
Market Cap
$190.97B
Operating Margin
28.33%
TTM Avg
13.84%
3Y Avg
9.96%
5Y Avg
11.03%
Market Cap
$187.82B
Operating Margin
26.00%
TTM Avg
23.72%
3Y Avg
22.19%
5Y Avg
21.32%
Market Cap
$254.44B
Operating Margin
37.29%
TTM Avg
34.50%
3Y Avg
40.37%
5Y Avg
41.85%
Market Cap
$186.63B
Operating Margin
-3.91%
TTM Avg
-4.57%
3Y Avg
-4.43%
5Y Avg
-6.35%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $220.67B | -6.10% | 10.20% | 11.03% | 4.76% |
| Arista Networks, Inc. (ANET)vs › | $219.08B | 42.79% | 42.44% | 39.56% | 36.63% |
| Sandisk Corporation (SNDK)vs › | $212.74B | -18.72% | -12.87% | -11.72% | -9.38% |
| International Business Machines Corporation (IBM)vs › | $201.80B | 17.86% | 17.27% | 15.98% | 14.06% |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | 28.33% | 13.84% | 9.96% | 11.03% |
| Amphenol Corporation (APH)vs › | $187.82B | 26.00% | 23.72% | 22.19% | 21.32% |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 37.29% | 34.50% | 40.37% | 41.85% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | -3.91% | -4.57% | -4.43% | -6.35% |
| SAP SE (SAP)vs › | $186.44B | 26.87% | 19.89% | 19.60% | 21.00% |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 32.50% | 24.09% | 26.41% | 25.93% |
Gross Margin
71.9%
Operating Margin
-6.1%
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 |
|---|---|
| 2026-04-30 | -6.10% |
| 2026-01-31 | 15.42% |
| 2025-10-31 | 12.49% |
| 2025-07-31 | 19.60% |
| 2025-04-30 | 9.56% |
| 2025-01-31 | 10.65% |
| 2024-10-31 | 13.37% |
| 2024-07-31 | 10.89% |
| 2024-04-30 | 8.90% |
| 2024-01-31 | 2.71% |
| 2023-10-31 | 11.46% |
| 2023-07-31 | 12.98% |
| 2023-04-30 | 4.57% |
| 2023-01-31 | 2.41% |
| 2022-10-31 | 0.97% |
| 2022-07-31 | 0.99% |
| 2022-04-30 | -3.43% |
| 2022-01-31 | -5.61% |
| 2021-10-31 | -6.63% |
| 2021-07-31 | -4.95% |
| 2021-04-30 | -10.28% |
| 2021-01-31 | -8.73% |
| 2020-10-31 | -4.70% |
| 2020-07-31 | -1.87% |
| 2020-04-30 | -6.50% |
| 2020-01-31 | -6.48% |
| 2019-10-31 | -6.71% |
| 2019-07-31 | -1.23% |
| 2019-04-30 | -2.57% |
| 2019-01-31 | 0.93% |
| 2018-10-31 | -4.89% |
| 2018-07-31 | 1.31% |
| 2018-04-30 | -7.99% |
| 2018-01-31 | -4.15% |
| 2017-10-31 | -10.58% |
| 2017-07-31 | -5.36% |
| 2017-04-30 | -11.37% |
| 2017-01-31 | -12.87% |
| 2016-10-31 | -12.31% |
| 2016-07-31 | -11.33% |
| 2016-04-30 | -15.18% |
| 2016-01-31 | -14.97% |
| 2015-10-31 | -10.77% |
| 2015-07-31 | -12.16% |
| 2015-04-30 | -15.67% |
| 2015-01-31 | -17.69% |
| 2014-10-31 | -12.37% |
| 2014-07-31 | -14.28% |
| 2014-04-30 | -96.70% |
| 2014-01-31 | -26.34% |
| 2013-10-31 | -5.47% |
| 2013-07-31 | -6.12% |
| 2013-04-30 | -6.37% |
| 2013-01-31 | -2.24% |
| 2012-10-31 | -3.64% |
| 2012-07-31 | -5.61% |
| 2012-04-30 | -0.06% |
| 2012-01-31 | 2.25% |
| 2011-10-31 | 12.08% |
| 2011-07-31 | -13.38% |
| 2011-04-30 | -6.51% |
