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 36.77% is 31% above its 5-year average of 28.04%, around the middle of its 5-year range (16.90%–57.17%).
As of the fiscal period ended Tuesday, March 31, 2026. 25.42% above its 12-month average of 29.32%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
36.77%
OPERATING MARGIN AVG TTM
29.32%
OPERATING MARGIN AVG 3Y
27.27%
OPERATING MARGIN AVG 5Y
26.59%
OPERATING MARGIN AVG 10Y
26.46%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+25.42%
CURRENT VS 3Y AVG
+34.83%
CURRENT VS 5Y AVG
+38.30%
CURRENT VS 10Y AVG
+38.97%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
13.48%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+172.79%
vs the sector median at left
Paycom Software, Inc.
Market Cap
$8.95B
Operating Margin
36.77%
TTM Avg
29.32%
3Y Avg
27.27%
5Y Avg
26.59%
Market Cap
$9.12B
Operating Margin
8.16%
TTM Avg
5.42%
3Y Avg
8.53%
5Y Avg
9.09%
Market Cap
$8.75B
Operating Margin
-101.10%
TTM Avg
-77.76%
3Y Avg
-122.25%
5Y Avg
-83.27%
Market Cap
$9.37B
Operating Margin
7.89%
TTM Avg
12.23%
3Y Avg
17.02%
5Y Avg
22.09%
Market Cap
$8.51B
Operating Margin
12.77%
TTM Avg
10.91%
3Y Avg
12.67%
5Y Avg
16.45%
Market Cap
$8.48B
Operating Margin
20.26%
TTM Avg
18.91%
3Y Avg
13.83%
5Y Avg
13.83%
Market Cap
$8.28B
Operating Margin
13.48%
TTM Avg
8.33%
3Y Avg
9.12%
5Y Avg
10.22%
Market Cap
$7.88B
Operating Margin
55.26%
TTM Avg
52.93%
3Y Avg
44.77%
5Y Avg
35.20%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paycom Software, Inc. (PAYC) | $8.95B | 36.77% | 29.32% | 27.27% | 26.59% |
| Viavi Solutions Inc. (VIAV)vs › | $9.12B | 8.16% | 5.42% | 8.53% | 9.09% |
| TeraWulf Inc. (WULF)vs › | $8.75B | -101.10% | -77.76% | -122.25% | -83.27% |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.37B | 7.89% | 12.23% | 17.02% | 22.09% |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.51B | 12.77% | 10.91% | 12.67% | 16.45% |
| The Trade Desk, Inc. (TTD)vs › | $8.48B | 20.26% | 18.91% | 13.83% | 13.83% |
| FormFactor, Inc. (FORM)vs › | $8.28B | 13.48% | 8.33% | 9.12% | 10.22% |
| Rambus Inc. (RMBS)vs › | $9.87B | 35.51% | 34.47% | 26.59% | 16.42% |
| InterDigital, Inc. (IDCC)vs › | $7.88B | 55.26% | 52.93% | 44.77% | 35.20% |
| Applied Digital Corp. (APLD)vs › | $7.83B | -38.66% | -36.09% | -40.69% | -67.86% |
Gross Margin
79.7%
Operating Margin
36.8%
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 |
|---|---|
| 2026-03-31 | 36.77% |
| 2025-12-31 | 28.88% |
| 2025-09-30 | 22.83% |
| 2025-06-30 | 23.22% |
| 2025-03-31 | 34.89% |
| 2024-12-31 | 30.06% |
| 2024-09-30 | 23.21% |
| 2024-06-30 | 21.74% |
| 2024-03-31 | 57.17% |
| 2023-12-31 | 24.56% |
| 2023-09-30 | 23.85% |
| 2023-06-30 | 21.75% |
| 2023-03-31 | 35.52% |
| 2022-12-31 | 28.56% |
| 2022-09-30 | 22.22% |
| 2022-06-30 | 22.82% |
| 2022-03-31 | 35.72% |
| 2021-12-31 | 24.08% |
| 2021-09-30 | 16.90% |
| 2021-06-30 | 19.45% |
| 2021-03-31 | 34.73% |
| 2020-12-31 | 16.41% |
| 2020-09-30 | 17.32% |
| 2020-06-30 | 14.64% |
| 2020-03-31 | 36.83% |
| 2019-12-31 | 31.17% |
| 2019-09-30 | 28.89% |
| 2019-06-30 | 31.24% |
| 2019-03-31 | 31.25% |
| 2018-12-31 | 28.88% |
| 2018-09-30 | 27.19% |
| 2018-06-30 | 33.41% |
| 2018-03-31 | 33.15% |
| 2017-12-31 | 17.04% |
| 2017-09-30 | 21.73% |
| 2017-06-30 | 19.13% |
| 2017-03-31 | 43.94% |
| 2016-12-31 | 14.44% |
| 2016-09-30 | 0.75% |
| 2016-06-30 | 21.66% |
| 2016-03-31 | 31.85% |
| 2015-12-31 | 9.57% |
| 2015-09-30 | 12.39% |
| 2015-06-30 | 22.07% |
| 2015-03-31 | 19.08% |
| 2014-12-31 | 10.87% |
| 2014-09-30 | 12.78% |
| 2014-06-30 | 9.29% |
| 2014-03-31 | 8.49% |
| 2013-12-31 | -4.14% |
| 2013-09-30 | 7.12% |
| 2013-06-30 | 13.35% |
| 2013-03-31 | 20.09% |
| 2012-12-31 | 7.09% |
| 2012-09-30 | 8.70% |
