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 37.81% is 49% above its 5-year average of 25.33%, around the middle of its 5-year range (13.58%–48.51%).
5.44% above its 12-month average of 35.86%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
37.81%
OPERATING MARGIN AVG TTM
35.86%
OPERATING MARGIN AVG 3Y
29.08%
OPERATING MARGIN AVG 5Y
25.33%
OPERATING MARGIN AVG 10Y
17.49%
OPERATING MARGIN AVG 15Y
14.05%
OPERATING MARGIN AVG 20Y
12.19%
CURRENT VS TTM AVG
+5.44%
CURRENT VS 3Y AVG
+30.02%
CURRENT VS 5Y AVG
+49.26%
CURRENT VS 10Y AVG
+116.24%
CURRENT VS 15Y AVG
+169.17%
CURRENT VS 20Y AVG
+210.12%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+170.07%
vs the sector median at left
Market Cap
$15.35B
Operating Margin
11.85%
TTM Avg
14.14%
3Y Avg
15.93%
5Y Avg
17.82%
Market Cap
$15.11B
Operating Margin
-487.41%
TTM Avg
-513.54%
3Y Avg
-628.28%
5Y Avg
-726.04%
Market Cap
$16.26B
Operating Margin
11.46%
TTM Avg
11.62%
3Y Avg
9.09%
5Y Avg
8.64%
Market Cap
$14.24B
Operating Margin
15.14%
TTM Avg
14.68%
3Y Avg
13.06%
5Y Avg
13.44%
Market Cap
$16.75B
Operating Margin
-148.05%
TTM Avg
-71.82%
3Y Avg
-55.63%
5Y Avg
-37.62%
Market Cap
$16.79B
Operating Margin
16.09%
TTM Avg
14.87%
3Y Avg
12.34%
5Y Avg
13.57%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PTC Inc. (PTC) | $15.39B | 37.81% | 35.86% | 29.08% | 25.33% |
| Akamai Technologies, Inc. (AKAM)vs › | $15.35B | 11.85% | 14.14% | 15.93% | 17.82% |
| IonQ, Inc. (IONQ)vs › | $15.11B | -487.41% | -513.54% | -628.28% | -726.04% |
| Fabrinet (FN)vs › | $14.92B | 9.97% | 9.73% | 9.65% | 9.53% |
| Dynatrace, Inc. (DT)vs › | $14.66B | 13.03% | 11.82% | 10.16% | 10.41% |
| Leidos Holdings, Inc. (LDOS)vs › | $16.26B | 11.46% | 11.62% | 9.09% | 8.64% |
| Tyler Technologies, Inc. (TYL)vs › | $14.24B | 15.14% | 14.68% | 13.06% | 13.44% |
| IREN Limited (IREN)vs › | $16.75B | -148.05% | -71.82% | -55.63% | -37.62% |
| Zebra Technologies Corporation (ZBRA)vs › | $16.79B | 16.09% | 14.87% | 12.34% | 13.57% |
| Onto Innovation Inc. (ONTO)vs › | $13.98B | 12.48% | 13.22% | 15.47% | 17.96% |
Gross Margin
84.1%
Operating Margin
37.8%
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 |
|---|---|
| 2026-06-30 | 27.75% |
| 2026-03-31 | 38.20% |
| 2025-12-31 | 32.24% |
| 2025-09-30 | 48.51% |
| 2025-06-30 | 32.59% |
| 2025-03-31 | 35.12% |
| 2024-12-31 | 20.44% |
| 2024-09-30 | 30.96% |
| 2024-06-30 | 18.48% |
| 2024-03-31 | 29.77% |
| 2023-12-31 | 21.58% |
| 2023-09-30 | 22.16% |
| 2023-06-30 | 20.26% |
| 2023-03-31 | 22.60% |
| 2022-12-31 | 22.52% |
| 2022-09-30 | 28.75% |
| 2022-06-30 | 17.29% |
| 2022-03-31 | 31.51% |
| 2021-12-31 | 13.58% |
| 2021-09-30 | 23.95% |
| 2021-06-30 | 16.89% |
| 2021-03-31 | 22.02% |
| 2020-12-31 | 21.06% |
| 2020-09-30 | 17.14% |
| 2020-06-27 | 18.03% |
| 2020-03-28 | 13.91% |
| 2019-12-28 | 8.54% |
| 2019-09-30 | 13.90% |
| 2019-06-29 | 10.04% |
| 2019-03-30 | -0.50% |
| 2018-12-29 | 8.98% |
| 2018-09-30 | 3.74% |
| 2018-06-30 | 6.89% |
| 2018-03-31 | 7.26% |
| 2017-12-30 | 5.70% |
| 2017-09-30 | 5.73% |
| 2017-07-01 | 3.86% |
| 2017-04-01 | 2.68% |
| 2016-12-31 | 1.59% |
| 2016-09-30 | -11.47% |
| 2016-07-02 | 2.63% |
| 2016-04-02 | 0.64% |
| 2016-01-02 | -5.12% |
| 2015-09-30 | -2.26% |
| 2015-07-04 | 7.13% |
| 2015-04-04 | 1.27% |
| 2015-01-03 | 11.56% |
| 2014-09-30 | 9.85% |
| 2014-06-28 | 16.16% |
| 2014-03-29 | 15.58% |
| 2013-12-28 | 16.89% |
| 2013-09-30 | 14.21% |
| 2013-06-29 | 13.72% |
| 2013-03-30 | 6.77% |
| 2012-12-29 | 4.33% |
| 2012-09-30 | 17.71% |
| 2012-06-30 | 10.00% |
| 2012-03-31 | 2.29% |
| 2011-12-31 | 10.21% |
| 2011-09-30 | 15.10% |
| 2011-07-02 | 8.41% |
| 2011-04-02 | 9.00% |
| 2011-01-01 | 6.42% |
| 2010-09-30 | 10.80% |
| 2010-07-03 | 4.93% |
| 2010-04-03 | 4.79% |
| 2010-01-02 | 8.64% |
| 2009-09-30 | 6.17% |
| 2009-07-04 | 0.88% |
| 2009-04-04 | -0.63% |
| 2009-01-03 | 1.47% |
| 2008-09-30 | 17.84% |
| 2008-06-28 | 11.75% |
| 2008-03-29 | 12.04% |
| 2007-12-29 | 6.16% |
| 2007-09-30 | 11.53% |
| 2007-06-30 | 8.80% |
| 2007-03-31 | 9.32% |
| 2006-12-30 | 9.47% |
| 2006-09-30 | 12.99% |
| 2006-07-01 | 6.21% |
| 2006-04-01 | 7.54% |
| 2005-12-31 | 5.86% |
| 2005-09-30 | 5.93% |
| 2005-07-02 | 14.70% |
| 2005-04-02 | 13.91% |
| 2005-01-01 | 13.72% |
| 2004-09-30 | 16.42% |
| 2004-07-03 | 13.49% |
| 2004-04-03 | 4.76% |
| 2004-01-03 | -13.45% |
| 2003-09-30 | -19.46% |
| 2003-06-28 | -17.42% |
| 2003-03-29 | -5.46% |
| 2002-12-28 | -5.61% |
| 2002-09-30 | -13.78% |