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 15.83% is in line with its 5-year average of 15.02%, near the high end of its 5-year range (10.30%–18.00%).
2.20% above its 12-month average of 15.49%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 16.11%.
OPERATING MARGIN
15.83%
OPERATING MARGIN AVG TTM
15.49%
OPERATING MARGIN AVG 3Y
15.08%
OPERATING MARGIN AVG 5Y
15.02%
OPERATING MARGIN AVG 10Y
13.17%
OPERATING MARGIN AVG 15Y
9.31%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.20%
CURRENT VS 3Y AVG
+4.98%
CURRENT VS 5Y AVG
+5.38%
CURRENT VS 10Y AVG
+20.19%
CURRENT VS 15Y AVG
+70.10%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.60%
median of 612 covered companies
CURRENT VS SECTOR MEDIAN
+2538.33%
vs the sector median at left
SPS Commerce, Inc.
Market Cap
$2.91B
Operating Margin
15.83%
TTM Avg
15.49%
3Y Avg
15.08%
5Y Avg
15.02%
Market Cap
$2.97B
Operating Margin
7.51%
TTM Avg
3.49%
3Y Avg
2.53%
5Y Avg
2.18%
Market Cap
$2.97B
Operating Margin
14.82%
TTM Avg
-15.84%
3Y Avg
-10.31%
5Y Avg
-5.18%
Market Cap
$2.83B
Operating Margin
10.99%
TTM Avg
14.08%
3Y Avg
9.69%
5Y Avg
8.19%
Market Cap
$2.98B
Operating Margin
-13.36%
TTM Avg
-20.10%
3Y Avg
-28.14%
5Y Avg
-27.80%
Market Cap
$2.80B
Operating Margin
1.28%
TTM Avg
-4.89%
3Y Avg
-15.14%
5Y Avg
-15.95%
Market Cap
$3.01B
Operating Margin
7.93%
TTM Avg
4.56%
3Y Avg
11.18%
5Y Avg
14.01%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SPS Commerce, Inc. (SPSC) | $2.91B | 15.83% | 15.49% | 15.08% | 15.02% |
| StoneCo Ltd. (STNE)vs › | $2.88B | 49.95% | 48.78% | 45.63% | 41.03% |
| Intapp, Inc. (INTA)vs › | $2.86B | -6.94% | -6.19% | -9.90% | -14.47% |
| Penguin Solutions, Inc. (PENG)vs › | $2.97B | 7.51% | 3.49% | 2.53% | 2.18% |
| NetScout Systems, Inc. (NTCT)vs › | $2.97B | 14.82% | -15.84% | -10.31% | -5.18% |
| Cellebrite DI Ltd. (CLBT)vs › | $2.83B | 10.99% | 14.08% | 9.69% | 8.19% |
| Braze, Inc. (BRZE)vs › | $2.98B | -13.36% | -20.10% | -28.14% | -27.80% |
| Appian Corporation (APPN)vs › | $2.80B | 1.28% | -4.89% | -15.14% | -15.95% |
| Power Integrations, Inc. (POWI)vs › | $3.01B | 7.93% | 4.56% | 11.18% | 14.01% |
| Teradata Corporation (TDC)vs › | $2.80B | 7.63% | 12.13% | 10.25% | 8.98% |
Gross Margin
69.8%
Operating Margin
15.8%
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 | 16.11% |
| 2026-03-31 | 12.78% |
| 2025-12-31 | 18.00% |
| 2025-09-30 | 16.42% |
| 2025-06-30 | 14.12% |
| 2025-03-31 | 14.30% |
| 2024-12-31 | 14.48% |
| 2024-09-30 | 15.62% |
| 2024-06-30 | 15.08% |
| 2024-03-31 | 10.30% |
| 2023-12-31 | 15.79% |
| 2023-09-30 | 15.18% |
| 2023-06-30 | 13.06% |
| 2023-03-31 | 13.29% |
| 2022-12-31 | 15.58% |
| 2022-09-30 | 17.20% |
| 2022-06-30 | 14.63% |
| 2022-03-31 | 15.69% |
| 2021-12-31 | 14.96% |
| 2021-09-30 | 13.81% |
| 2021-06-30 | 14.31% |
| 2021-03-31 | 14.05% |
| 2020-12-31 | 16.27% |
| 2020-09-30 | 17.54% |
| 2020-06-30 | 14.70% |
| 2020-03-31 | 15.55% |
| 2019-12-31 | 14.80% |
| 2019-09-30 | 15.41% |
| 2019-06-30 | 13.61% |
| 2019-03-31 | 11.02% |
| 2018-12-31 | 12.59% |
| 2018-09-30 | 13.13% |
| 2018-06-30 | 9.76% |
| 2018-03-31 | 7.28% |
| 2017-12-31 | -0.90% |
| 2017-09-30 | 5.07% |
| 2017-06-30 | 5.02% |
| 2017-03-31 | 6.50% |
| 2016-12-31 | 5.20% |
| 2016-09-30 | 5.42% |
| 2016-06-30 | 1.86% |
| 2016-03-31 | 2.88% |
| 2015-12-31 | 6.64% |
| 2015-09-30 | 5.60% |
| 2015-06-30 | 2.64% |
| 2015-03-31 | 2.49% |
| 2014-12-31 | 4.00% |
| 2014-09-30 | 4.17% |
| 2014-06-30 | 3.26% |
| 2014-03-31 | 2.07% |
| 2013-12-31 | 2.59% |
| 2013-09-30 | 1.37% |
| 2013-06-30 | 1.88% |
| 2013-03-31 | 0.82% |
| 2012-12-31 | 1.00% |
| 2012-09-30 | 0.68% |
| 2012-06-30 | 4.21% |
| 2012-03-31 | 2.78% |
| 2011-12-31 | 2.52% |
| 2011-09-30 | 1.74% |
| 2011-06-30 | -0.29% |
| 2011-03-31 | 4.01% |
| 2010-12-31 | 3.71% |
| 2010-09-30 | 7.55% |
| 2010-06-30 | 6.20% |
| 2010-03-31 | 10.22% |
| 2009-12-31 | 7.62% |
| 2009-09-30 | 4.82% |
| 2009-06-30 | 7.65% |
| 2009-03-31 | -0.90% |
| 2008-12-31 | -1.66% |
