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 34.61% is 14% above its 5-year average of 30.31%, near the high end of its 5-year range (23.44%–35.62%).
1.92% above its 12-month average of 33.96%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 33.98%.
OPERATING MARGIN
34.61%
OPERATING MARGIN AVG TTM
33.96%
OPERATING MARGIN AVG 3Y
32.00%
OPERATING MARGIN AVG 5Y
30.31%
OPERATING MARGIN AVG 10Y
25.32%
OPERATING MARGIN AVG 15Y
18.76%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+1.92%
CURRENT VS 3Y AVG
+8.15%
CURRENT VS 5Y AVG
+14.20%
CURRENT VS 10Y AVG
+36.71%
CURRENT VS 15Y AVG
+84.49%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
11.96%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
+189.38%
vs the sector median at left
Market Cap
$6.42B
Operating Margin
-150.67%
TTM Avg
-89.78%
3Y Avg
-356.90%
5Y Avg
-237.93%
Market Cap
$7.28B
Operating Margin
-33.75%
TTM Avg
-36.09%
3Y Avg
-40.69%
5Y Avg
-67.86%
Market Cap
$7.35B
Operating Margin
-3.76%
TTM Avg
-8.99%
3Y Avg
-13.47%
5Y Avg
-6.66%
Market Cap
$6.11B
Operating Margin
23.05%
TTM Avg
22.34%
3Y Avg
19.25%
5Y Avg
19.15%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Qualys, Inc. (QLYS) | $6.81B | 34.61% | 33.96% | 32.00% | 30.31% |
| Duolingo, Inc. (DUOL)vs › | $6.73B | 14.18% | 11.05% | 0.55% | -4.98% |
| UiPath Inc. (PATH)vs › | $6.95B | 9.03% | -3.79% | -13.27% | -21.23% |
| Cipher Mining Inc. (CIFR)vs › | $6.42B | -150.67% | -89.78% | -356.90% | -237.93% |
| AppFolio Inc. (APPF)vs › | $7.25B | 17.52% | 16.58% | 4.49% | 2.97% |
| Applied Digital Corp. (APLD)vs › | $7.28B | -33.75% | -36.09% | -40.69% | -67.86% |
| Plexus Corp. (PLXS)vs › | $7.30B | 5.02% | 4.63% | 4.64% | 4.72% |
| Silicon Laboratories Inc. (SLAB)vs › | $7.35B | -3.76% | -8.99% | -13.47% | -6.66% |
| Cirrus Logic, Inc. (CRUS)vs › | $6.11B | 23.05% | 22.34% | 19.25% | 19.15% |
| Camtek Ltd. (CAMT)vs › | $7.72B | 23.19% | 25.51% | 24.29% | 23.00% |
Gross Margin
83.5%
Operating Margin
34.6%
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 | 33.98% |
| 2026-03-31 | 35.62% |
| 2025-12-31 | 33.57% |
| 2025-09-30 | 35.29% |
| 2025-06-30 | 31.33% |
| 2025-03-31 | 32.37% |
| 2024-12-31 | 31.04% |
| 2024-09-30 | 29.22% |
| 2024-06-30 | 32.32% |
| 2024-03-31 | 30.70% |
| 2023-12-31 | 28.68% |
| 2023-09-30 | 30.70% |
| 2023-06-30 | 31.21% |
| 2023-03-31 | 26.92% |
| 2022-12-31 | 23.44% |
| 2022-09-30 | 26.56% |
| 2022-06-30 | 27.52% |
| 2022-03-31 | 29.57% |
| 2021-12-31 | 26.46% |
| 2021-09-30 | 30.47% |
| 2021-06-30 | 29.45% |
| 2021-03-31 | -2.80% |
| 2020-12-31 | 25.75% |
| 2020-09-30 | 28.26% |
| 2020-06-30 | 28.72% |
| 2020-03-31 | 23.68% |
| 2019-12-31 | 23.09% |
| 2019-09-30 | 27.28% |
| 2019-06-30 | 20.41% |
| 2019-03-31 | 18.65% |
| 2018-12-31 | 17.44% |
| 2018-09-30 | 25.28% |
| 2018-06-30 | 15.99% |
| 2018-03-31 | 12.96% |
| 2017-12-31 | 15.46% |
| 2017-09-30 | 18.24% |
| 2017-06-30 | 16.29% |
| 2017-03-31 | 14.41% |
| 2016-12-31 | 16.87% |
| 2016-09-30 | 15.66% |
| 2016-06-30 | 11.79% |
| 2016-03-31 | 16.43% |
| 2015-12-31 | 17.32% |
| 2015-09-30 | 16.20% |
| 2015-06-30 | 13.32% |
| 2015-03-31 | 13.12% |
| 2014-12-31 | 11.51% |
| 2014-09-30 | 10.21% |
| 2014-06-30 | 5.54% |
| 2014-03-31 | -0.86% |
| 2013-12-31 | 0.77% |
| 2013-09-30 | 5.39% |
| 2013-06-30 | 3.28% |
| 2013-03-31 | -1.10% |
| 2012-12-31 | 6.60% |
| 2012-09-30 | 7.36% |
| 2012-06-30 | -0.96% |
| 2012-03-31 | -0.61% |
| 2011-12-31 | -0.21% |
| 2011-09-30 | 5.13% |
| 2011-06-30 | 6.04% |
| 2011-03-31 | 4.73% |