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 20.90% is in line with its 2-year average of 20.33%, around the middle of its 2-year range (17.09%–22.74%).
0.38% below its 12-month average of 20.98%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 19.31%.
OPERATING MARGIN
20.90%
OPERATING MARGIN AVG TTM
20.98%
OPERATING MARGIN AVG 3Y
N/A
OPERATING MARGIN AVG 5Y
N/A
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.38%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+49.29%
vs the sector median at left
Qnity Electronics, Inc.
Market Cap
$25.13B
Operating Margin
20.90%
TTM Avg
20.98%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.23B
Operating Margin
16.16%
TTM Avg
12.86%
3Y Avg
20.69%
5Y Avg
16.83%
Market Cap
$25.29B
Operating Margin
7.09%
TTM Avg
6.39%
3Y Avg
7.89%
5Y Avg
7.41%
Market Cap
$26.03B
Operating Margin
23.73%
TTM Avg
20.25%
3Y Avg
14.42%
5Y Avg
18.09%
Market Cap
$26.24B
Operating Margin
11.59%
TTM Avg
4.29%
3Y Avg
9.56%
5Y Avg
0.53%
Market Cap
$26.97B
Operating Margin
15.76%
TTM Avg
15.68%
3Y Avg
15.13%
5Y Avg
14.75%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Qnity Electronics, Inc. (Q) | $25.13B | 20.90% | 20.98% | N/A | N/A |
| Fiserv, Inc. (FISV)vs › | $25.16B | 21.37% | 27.81% | 25.75% | 21.59% |
| Tower Semiconductor Ltd. (TSEM)vs › | $25.23B | 16.16% | 12.86% | 20.69% | 16.83% |
| Super Micro Computer, Inc. (SMCI)vs › | $25.29B | 7.09% | 6.39% | 7.89% | 7.41% |
| F5, Inc. (FFIV)vs › | $24.37B | 24.53% | 24.09% | 19.99% | 18.63% |
| Corpay, Inc. (CPAY)vs › | $26.00B | 40.80% | 44.03% | 43.59% | 43.15% |
| Zoom Communications, Inc. (ZM)vs › | $26.03B | 23.73% | 20.25% | 14.42% | 18.09% |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $26.24B | 11.59% | 4.29% | 9.56% | 0.53% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.97B | 15.76% | 15.68% | 15.13% | 14.75% |
| ON Semiconductor Corporation (ON)vs › | $27.24B | 11.66% | 18.71% | 24.13% | 20.38% |
Gross Margin
43.3%
Operating Margin
20.9%
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 | 19.31% |
| 2026-03-31 | 22.74% |
| 2025-12-31 | 20.25% |
| 2025-09-30 | 21.39% |
| 2025-06-30 | 21.20% |
| 2025-03-31 | 22.54% |
| 2024-06-30 | 18.13% |
| 2024-03-31 | 17.09% |
