Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 36.90% is 22% above its 5-year average of 30.35%, near the high end of its 5-year range (17.48%–38.31%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.17% above its 12-month average of 35.42%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
36.90%
OPERATING MARGIN AVG TTM
35.42%
OPERATING MARGIN AVG 3Y
30.75%
OPERATING MARGIN AVG 5Y
30.35%
OPERATING MARGIN AVG 10Y
32.96%
OPERATING MARGIN AVG 15Y
32.94%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+4.17%
CURRENT VS 3Y AVG
+20.01%
CURRENT VS 5Y AVG
+21.57%
CURRENT VS 10Y AVG
+11.93%
CURRENT VS 15Y AVG
+12.01%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
13.32%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+177.00%
vs the sector median at left
Market Cap
$33.10B
Operating Margin
28.79%
TTM Avg
26.93%
3Y Avg
23.33%
5Y Avg
24.40%
Market Cap
$31.76B
Operating Margin
10.84%
TTM Avg
18.71%
3Y Avg
24.13%
5Y Avg
20.38%
Market Cap
$30.86B
Operating Margin
-1140.82%
TTM Avg
-770.32%
3Y Avg
-454.83%
5Y Avg
-329.30%
Market Cap
$30.39B
Operating Margin
19.45%
TTM Avg
18.12%
3Y Avg
18.10%
5Y Avg
16.92%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ubiquiti Inc. (UI) | $33.68B | 36.90% | 35.42% | 30.75% | 30.35% |
| Veeva Systems Inc. (VEEV)vs › | $33.10B | 28.79% | 26.93% | 23.33% | 24.40% |
| Jabil Inc. (JBL)vs › | $33.01B | 4.32% | 5.47% | 4.88% | 4.16% |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 28.87% | 27.89% | 27.85% | 29.15% |
| NetApp, Inc. (NTAP)vs › | $35.03B | 24.12% | 22.41% | 20.05% | 19.41% |
| ON Semiconductor Corporation (ON)vs › | $31.76B | 10.84% | 18.71% | 24.13% | 20.38% |
| Strategy Inc (MSTR)vs › | $30.86B | -1140.82% | -770.32% | -454.83% | -329.30% |
| Teledyne Technologies Incorporated (TDY)vs › | $30.39B | 19.45% | 18.12% | 18.10% | 16.92% |
| Twilio Inc. (TWLO)vs › | $29.95B | 4.89% | 1.27% | -8.45% | -15.67% |
| Celestica Inc. (CLS)vs › | $38.11B | 8.13% | 7.43% | 5.77% | 4.72% |
Gross Margin
46.0%
Operating Margin
36.9%
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 |
|---|---|
| 2026-03-31 | 36.90% |
| 2025-12-31 | 35.94% |
| 2025-09-30 | 35.67% |
| 2025-06-30 | 34.43% |
| 2025-03-31 | 34.16% |
| 2024-12-31 | 29.81% |
| 2024-09-30 | 30.75% |
| 2024-06-30 | 27.27% |
| 2024-03-31 | 22.56% |
| 2023-12-31 | 26.05% |
| 2023-09-30 | 27.71% |
| 2023-06-30 | 29.30% |
| 2023-03-31 | 29.17% |
| 2022-12-31 | 29.41% |
| 2022-09-30 | 24.50% |
| 2022-06-30 | 25.40% |
| 2022-03-31 | 17.48% |
| 2021-12-31 | 29.05% |
| 2021-09-30 | 35.23% |
| 2021-06-30 | 38.26% |
| 2021-03-31 | 38.31% |
| 2020-12-31 | 39.80% |
| 2020-09-30 | 40.11% |
| 2020-06-30 | 37.43% |
| 2020-03-31 | 37.74% |
| 2019-12-31 | 36.35% |
| 2019-09-30 | 37.33% |
| 2019-06-30 | 35.20% |
| 2019-03-31 | 35.85% |
| 2018-12-31 | 29.83% |
| 2018-09-30 | 35.21% |
| 2018-06-30 | 32.66% |
| 2018-03-31 | 33.89% |
| 2017-12-31 | 26.35% |
| 2017-09-30 | 35.41% |
| 2017-06-30 | 31.34% |
| 2017-03-31 | 33.62% |
| 2016-12-31 | 32.69% |
| 2016-09-30 | 36.58% |
| 2016-06-30 | 35.36% |
| 2016-03-31 | 35.92% |
| 2015-12-31 | 34.86% |
| 2015-09-30 | 39.52% |
| 2015-06-30 | 5.02% |
| 2015-03-31 | 30.67% |
| 2014-12-31 | 33.12% |
| 2014-09-30 | 29.07% |
| 2014-06-30 | 33.84% |
| 2014-03-31 | 33.80% |
| 2013-12-31 | 34.04% |
| 2013-09-30 | 35.39% |
| 2013-06-30 | 32.80% |
| 2013-03-31 | 28.26% |
| 2012-12-31 | 26.86% |
| 2012-09-30 | 25.64% |
| 2012-06-30 | 35.90% |
| 2012-03-31 | 35.52% |
| 2011-12-31 | 35.50% |
| 2011-09-30 | 34.74% |
| 2011-06-30 | 33.53% |
| 2011-03-31 | 31.83% |
| 2010-12-31 | 30.34% |
| 2010-09-30 | 27.78% |
| 2010-06-30 | 30.34% |
