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 0.78% is 91% below its 5-year average of 8.42%, near the low end of its 5-year range (-0.90%–13.90%).
As of the fiscal period ended Tuesday, March 31, 2026. 82.49% below its 12-month average of 4.44%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
0.78%
OPERATING MARGIN AVG TTM
4.44%
OPERATING MARGIN AVG 3Y
7.77%
OPERATING MARGIN AVG 5Y
9.31%
OPERATING MARGIN AVG 10Y
1.87%
OPERATING MARGIN AVG 15Y
1.71%
OPERATING MARGIN AVG 20Y
2.54%
CURRENT VS TTM AVG
-82.49%
CURRENT VS 3Y AVG
-89.98%
CURRENT VS 5Y AVG
-91.65%
CURRENT VS 10Y AVG
-58.41%
CURRENT VS 15Y AVG
-54.63%
CURRENT VS 20Y AVG
-69.33%
SECTOR MEDIAN · TECHNOLOGY
13.22%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-94.11%
vs the sector median at left
Veeco Instruments Inc.
Market Cap
$3.05B
Operating Margin
0.78%
TTM Avg
4.44%
3Y Avg
7.77%
5Y Avg
9.31%
Market Cap
$2.62B
Operating Margin
-3.69%
TTM Avg
-2.52%
3Y Avg
0.08%
5Y Avg
2.04%
Market Cap
$2.40B
Operating Margin
-65.25%
TTM Avg
-60.51%
3Y Avg
-92.43%
5Y Avg
-58.59%
Market Cap
$3.77B
Operating Margin
-18.18%
TTM Avg
-32.78%
3Y Avg
-38.95%
5Y Avg
-32.03%
Market Cap
$1.98B
Operating Margin
-24.59%
TTM Avg
-30.90%
3Y Avg
-44.43%
5Y Avg
-54.19%
Market Cap
$4.42B
Operating Margin
0.63%
TTM Avg
-1.15%
3Y Avg
-9.22%
5Y Avg
-28.54%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeco Instruments Inc. (VECO) | $3.05B | 0.78% | 4.44% | 7.77% | 9.31% |
| AXT, Inc. (AXTI)vs › | $3.07B | -24.88% | -19.89% | -14.84% | -7.64% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.62B | -3.69% | -2.52% | 0.08% | 2.04% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.40B | -65.25% | -60.51% | -92.43% | -58.59% |
| Ambarella, Inc. (AMBA)vs › | $3.77B | -18.18% | -32.78% | -38.95% | -32.03% |
| Asana, Inc. (ASAN)vs › | $1.98B | -24.59% | -30.90% | -44.43% | -54.19% |
| Itron, Inc. (ITRI)vs › | $4.36B | 13.22% | 12.04% | 7.40% | 4.19% |
| Box, Inc. (BOX)vs › | $4.37B | 8.64% | 7.19% | 5.75% | 2.49% |
| monday.com Ltd. (MNDY)vs › | $4.42B | 0.63% | -1.15% | -9.22% | -28.54% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.49B | -3.52% | -9.50% | -24.08% | -27.64% |
Gross Margin
38.5%
Operating Margin
0.8%
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 |
|---|---|
| 2026-03-31 | 0.78% |
| 2025-12-31 | -0.90% |
| 2025-09-30 | 6.44% |
| 2025-06-30 | 7.45% |
| 2025-03-31 | 8.46% |
| 2024-12-31 | 2.13% |
| 2024-09-30 | 13.17% |
| 2024-06-30 | 9.51% |
| 2024-03-31 | 12.63% |
| 2023-12-31 | 13.90% |
| 2023-09-30 | 12.55% |
| 2023-06-30 | 8.47% |
| 2023-03-31 | 6.39% |
| 2022-12-31 | 8.71% |
| 2022-09-30 | 10.22% |
| 2022-06-30 | 7.82% |
| 2022-03-31 | 10.56% |
| 2021-12-31 | 11.52% |
| 2021-09-30 | 10.93% |
| 2021-06-30 | 9.06% |
| 2021-03-31 | 7.04% |
| 2020-12-31 | 7.63% |
| 2020-09-30 | 6.23% |
| 2020-06-30 | 0.41% |
| 2020-03-31 | 4.37% |
| 2019-12-31 | -6.06% |
| 2019-09-30 | -6.76% |
| 2019-06-30 | -11.46% |
| 2019-03-31 | -14.23% |
| 2018-12-31 | -140.42% |
| 2018-09-30 | -3.06% |
| 2018-06-30 | -165.56% |
| 2018-03-31 | -7.21% |
| 2017-12-31 | -8.37% |
| 2017-09-30 | -14.35% |
| 2017-06-30 | -23.47% |
| 2017-03-31 | -6.19% |
| 2016-12-31 | -5.50% |
| 2016-09-30 | -80.39% |
| 2016-06-30 | -41.48% |
| 2016-03-31 | -19.58% |
| 2015-12-31 | -9.35% |
| 2015-09-30 | 4.67% |
| 2015-06-30 | -3.06% |
| 2015-03-31 | -16.09% |
| 2014-12-31 | -56.86% |
| 2014-09-30 | -18.74% |
| 2014-06-30 | -16.58% |
| 2014-03-31 | 20.51% |
| 2013-12-31 | -48.41% |
| 2013-09-30 | -10.00% |
| 2013-06-30 | -6.99% |
| 2013-03-31 | -31.76% |
| 2012-12-31 | -5.91% |
| 2012-09-30 | 7.77% |
| 2012-06-30 | 11.07% |
| 2012-03-31 | 14.97% |
| 2011-12-31 | 16.80% |
| 2011-09-30 | 27.57% |
| 2011-06-30 | 8.94% |
| 2011-03-31 | 31.28% |
| 2010-12-31 | 33.62% |
| 2010-09-30 | 33.08% |
| 2010-06-30 | 25.20% |
| 2010-03-31 | 17.85% |
| 2009-12-31 | 14.03% |
| 2009-09-30 | 3.53% |
| 2009-06-30 | -17.50% |
| 2009-03-31 | -30.00% |
| 2008-12-31 | -69.85% |
| 2008-09-30 | 0.12% |
| 2008-06-30 | 5.44% |
| 2008-03-31 | 0.15% |
| 2007-12-31 | -8.05% |
| 2007-09-30 | -4.28% |
| 2007-06-30 | -1.02% |
| 2007-03-31 | 1.75% |
| 2006-12-31 | 8.32% |
| 2006-09-30 | 4.42% |
| 2006-06-30 | 5.02% |
| 2006-03-31 | 1.75% |
| 2005-12-31 | 5.92% |
| 2005-09-30 | 4.21% |
| 2005-06-30 | 1.96% |
| 2005-03-31 | -1.98% |
| 2004-12-31 | -16.79% |
| 2004-09-30 | -0.45% |
| 2004-06-30 | 4.56% |
| 2004-03-31 | 1.13% |
| 2003-12-31 | -7.83% |
| 2003-09-30 | -2.78% |
| 2003-06-30 | -1.01% |
| 2003-03-31 | -1.22% |
| 2002-12-31 | -190.22% |
| 2002-09-30 | -2.83% |
| 2002-06-30 | -2.58% |