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 12.71% is 16% above its 5-year average of 10.97%, around the middle of its 5-year range (-4.40%–23.08%).
4.80% above its 12-month average of 12.13%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2027 (2026-07-26): 16.32%.
OPERATING MARGIN
12.71%
OPERATING MARGIN AVG TTM
12.13%
OPERATING MARGIN AVG 3Y
7.35%
OPERATING MARGIN AVG 5Y
10.97%
OPERATING MARGIN AVG 10Y
13.14%
OPERATING MARGIN AVG 15Y
11.93%
OPERATING MARGIN AVG 20Y
11.89%
CURRENT VS TTM AVG
+4.80%
CURRENT VS 3Y AVG
+72.99%
CURRENT VS 5Y AVG
+15.91%
CURRENT VS 10Y AVG
-3.24%
CURRENT VS 15Y AVG
+6.57%
CURRENT VS 20Y AVG
+6.93%
SECTOR MEDIAN · TECHNOLOGY
11.96%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
+6.27%
vs the sector median at left
Semtech Corporation
Market Cap
$18.15B
Operating Margin
12.71%
TTM Avg
12.13%
3Y Avg
7.35%
5Y Avg
10.97%
Market Cap
$18.15B
Operating Margin
17.42%
TTM Avg
17.32%
3Y Avg
16.43%
5Y Avg
15.44%
Market Cap
$18.34B
Operating Margin
35.78%
TTM Avg
30.73%
3Y Avg
34.76%
5Y Avg
35.99%
Market Cap
$18.36B
Operating Margin
7.63%
TTM Avg
2.92%
3Y Avg
12.83%
5Y Avg
17.28%
Market Cap
$17.90B
Operating Margin
16.09%
TTM Avg
14.87%
3Y Avg
12.34%
5Y Avg
13.57%
Market Cap
$17.36B
Operating Margin
18.23%
TTM Avg
18.27%
3Y Avg
18.13%
5Y Avg
17.06%
Market Cap
$17.29B
Operating Margin
13.03%
TTM Avg
11.82%
3Y Avg
10.16%
5Y Avg
10.41%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Semtech Corporation (SMTC) | $18.15B | 12.71% | 12.13% | 7.35% | 10.97% |
| Broadridge Financial Solutions, Inc. (BR)vs › | $18.15B | 17.42% | 17.32% | 16.43% | 15.44% |
| BE Semiconductor Industries N.V. (BESIY)vs › | $18.34B | 35.78% | 30.73% | 34.76% | 35.99% |
| Lattice Semiconductor Corporation (LSCC)vs › | $18.36B | 7.63% | 2.92% | 12.83% | 17.28% |
| Zebra Technologies Corporation (ZBRA)vs › | $17.90B | 16.09% | 14.87% | 12.34% | 13.57% |
| MKS Inc. (MKSI)vs › | $18.85B | 16.49% | 14.13% | 0.69% | 7.65% |
| Fortive Corporation (FTV)vs › | $17.36B | 18.23% | 18.27% | 18.13% | 17.06% |
| Dynatrace, Inc. (DT)vs › | $17.29B | 13.03% | 11.82% | 10.16% | 10.41% |
| Toast, Inc. (TOST)vs › | $17.28B | 6.39% | 2.64% | -4.05% | -9.38% |
| Unity Software Inc. (U)vs › | $19.04B | -30.37% | -33.77% | -42.26% | -42.08% |
Gross Margin
52.0%
Operating Margin
12.7%
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 |
|---|---|
| 2026-07-26 | 16.32% |
| 2026-04-26 | 10.58% |
| 2026-01-25 | 11.22% |
| 2025-10-26 | 11.92% |
| 2025-07-27 | 10.59% |
| 2025-04-27 | 14.80% |
| 2025-01-31 | 12.03% |
| 2024-10-27 | 7.80% |
| 2024-07-28 | 4.32% |
| 2024-04-28 | 2.63% |
| 2024-01-31 | 1.35% |
| 2023-10-29 | -3.66% |
| 2023-07-30 | -4.40% |
| 2023-04-30 | -4.19% |
| 2023-01-31 | 11.92% |
| 2022-10-30 | 20.57% |
| 2022-07-31 | 21.96% |
| 2022-05-01 | 23.08% |
| 2022-01-31 | 22.00% |
| 2021-10-31 | 19.63% |
| 2021-08-01 | 19.79% |
| 2021-05-02 | 16.50% |
| 2021-01-31 | 10.87% |
| 2020-10-25 | 14.30% |
| 2020-07-26 | 13.13% |
| 2020-04-26 | 11.97% |
| 2020-01-31 | 7.41% |
| 2019-10-27 | 12.72% |
| 2019-07-28 | 10.62% |
| 2019-04-28 | 7.56% |
| 2019-01-31 | 16.13% |
| 2018-10-28 | 19.28% |
| 2018-07-29 | 19.65% |
| 2018-04-29 | -2.15% |
| 2018-01-31 | 12.19% |
| 2017-10-29 | 11.85% |
| 2017-07-30 | 12.76% |
| 2017-04-30 | 13.21% |
| 2017-01-31 | 11.43% |
| 2016-10-30 | 10.19% |
| 2016-07-31 | 11.72% |
| 2016-05-01 | 10.12% |
| 2016-01-31 | 2.65% |
| 2015-10-25 | 16.32% |
| 2015-07-26 | 2.44% |
| 2015-04-26 | 3.75% |
| 2015-01-31 | -10.55% |
| 2014-10-26 | 15.32% |
| 2014-07-27 | 15.13% |
| 2014-04-27 | 8.39% |
| 2014-01-31 | -131.76% |
| 2013-10-27 | 9.41% |
| 2013-07-28 | 14.82% |
| 2013-04-28 | 12.36% |
| 2013-01-31 | 8.26% |
| 2012-10-28 | 12.17% |
| 2012-07-29 | 1.80% |
| 2012-04-29 | -16.41% |
| 2012-01-31 | 11.46% |
| 2011-10-30 | 18.75% |
| 2011-07-31 | 24.50% |
| 2011-05-01 | 21.67% |
| 2011-01-31 | 21.97% |
| 2010-10-31 | 14.22% |
| 2010-08-01 | 20.06% |
| 2010-05-02 | 12.75% |
| 2010-01-31 | 6.39% |
| 2009-10-25 | 16.08% |
| 2009-07-26 | 12.84% |
| 2009-04-26 | 8.14% |
| 2009-01-31 | 11.46% |
| 2008-10-26 | 16.17% |
| 2008-07-27 | 16.88% |
| 2008-04-27 | 11.63% |
| 2008-01-31 | 22.27% |
| 2007-10-28 | 16.80% |
| 2007-07-29 | 11.73% |
| 2007-04-29 | 7.62% |
| 2007-01-31 | 0.67% |
| 2006-10-29 | 7.28% |
| 2006-07-30 | 11.22% |
| 2006-04-30 | 17.53% |
| 2006-01-31 | 22.14% |
| 2005-10-30 | 19.24% |
| 2005-07-31 | 16.34% |
| 2005-05-01 | 35.14% |
| 2005-01-31 | 22.93% |
| 2004-10-31 | 26.09% |
| 2004-07-25 | 30.86% |
| 2004-04-25 | 29.95% |
| 2004-01-31 | 27.41% |
| 2003-10-26 | 23.03% |
| 2003-07-27 | 19.80% |
| 2003-04-27 | 18.37% |
| 2003-01-31 | -6.78% |
| 2002-10-27 | 18.08% |