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 29.93% is 19% above its 5-year average of 25.06%, near the high end of its 5-year range (11.69%–30.93%).
3.57% above its 12-month average of 28.90%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2027 (2026-07-31): 29.64%.
OPERATING MARGIN
29.93%
OPERATING MARGIN AVG TTM
28.90%
OPERATING MARGIN AVG 3Y
25.83%
OPERATING MARGIN AVG 5Y
25.06%
OPERATING MARGIN AVG 10Y
24.93%
OPERATING MARGIN AVG 15Y
23.67%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+3.57%
CURRENT VS 3Y AVG
+15.88%
CURRENT VS 5Y AVG
+19.44%
CURRENT VS 10Y AVG
+20.07%
CURRENT VS 15Y AVG
+26.45%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+113.79%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$42.79B
Operating Margin
29.93%
TTM Avg
28.90%
3Y Avg
25.83%
5Y Avg
25.06%
Market Cap
$42.74B
Operating Margin
5.23%
TTM Avg
7.69%
3Y Avg
17.39%
5Y Avg
16.91%
Market Cap
$41.51B
Operating Margin
-8.57%
TTM Avg
-204.19%
3Y Avg
-171.77%
5Y Avg
-140.59%
Market Cap
$45.47B
Operating Margin
-3.04%
TTM Avg
8.02%
3Y Avg
-33.70%
5Y Avg
-33.70%
Market Cap
$39.60B
Operating Margin
-2.42%
TTM Avg
-7.38%
3Y Avg
-14.41%
5Y Avg
-4.24%
Market Cap
$46.14B
Operating Margin
22.75%
TTM Avg
-4.47%
3Y Avg
-27.45%
5Y Avg
-27.45%
Market Cap
$46.52B
Operating Margin
27.55%
TTM Avg
23.61%
3Y Avg
21.88%
5Y Avg
19.70%
Market Cap
$37.89B
Operating Margin
27.97%
TTM Avg
28.33%
3Y Avg
28.32%
5Y Avg
27.86%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $42.79B | 29.93% | 28.90% | 25.83% | 25.06% |
| STMicroelectronics N.V. (STM)vs › | $42.74B | 5.23% | 7.69% | 17.39% | 16.91% |
| Strategy Inc (MSTR)vs › | $41.51B | -8.57% | -204.19% | -171.77% | -140.59% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $45.47B | -3.04% | 8.02% | -33.70% | -33.70% |
| Block, Inc. (XYZ)vs › | $45.67B | 10.15% | 9.79% | 5.29% | 3.65% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $39.60B | -2.42% | -7.38% | -14.41% | -4.24% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $46.14B | 22.75% | -4.47% | -27.45% | -27.45% |
| Autodesk, Inc. (ADSK)vs › | $46.52B | 27.55% | 23.61% | 21.88% | 19.70% |
| Roper Technologies, Inc. (ROP)vs › | $37.89B | 27.97% | 28.33% | 28.32% | 27.86% |
| Microchip Technology Incorporated (MCHP)vs › | $37.68B | 15.52% | 8.57% | 21.94% | 22.20% |
Gross Margin
74.9%
Operating Margin
29.9%
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 |
|---|---|
| 2026-07-31 | 29.64% |
| 2026-04-30 | 30.93% |
| 2026-01-31 | 29.41% |
| 2025-10-31 | 29.69% |
| 2025-07-31 | 24.83% |
| 2025-04-30 | 30.79% |
| 2025-01-31 | 26.14% |
| 2024-10-31 | 25.94% |
| 2024-07-31 | 24.62% |
| 2024-04-30 | 23.86% |
| 2024-01-31 | 21.45% |
| 2023-10-31 | 20.84% |
| 2023-07-31 | 17.63% |
| 2023-04-30 | 11.69% |
| 2023-01-31 | 19.33% |
| 2022-10-31 | 21.98% |
| 2022-07-31 | 18.92% |
| 2022-04-30 | 25.28% |
| 2022-01-31 | 24.66% |
| 2021-10-31 | 27.87% |
| 2021-07-31 | 27.35% |
| 2021-04-30 | 29.62% |
| 2021-01-31 | 24.91% |
| 2020-10-31 | 26.83% |
| 2020-07-31 | 25.47% |
| 2020-04-30 | 25.98% |
| 2020-01-31 | 19.39% |
| 2019-10-31 | 28.76% |
| 2019-07-31 | 27.67% |
| 2019-04-30 | 29.08% |
| 2019-01-31 | 27.12% |
| 2018-10-31 | 28.08% |
| 2018-07-31 | 25.20% |
| 2018-04-30 | 22.48% |
| 2018-01-31 | 20.70% |
| 2017-10-31 | 24.12% |
| 2017-07-31 | 22.69% |
| 2017-04-30 | 24.32% |
| 2017-01-31 | 21.66% |
| 2016-10-31 | 23.68% |
| 2016-07-31 | 18.14% |
| 2016-04-30 | 14.87% |
| 2016-01-31 | 13.31% |
| 2015-10-31 | 18.80% |
| 2015-07-31 | 22.78% |
| 2015-04-30 | 23.27% |
| 2015-01-31 | 23.77% |
| 2014-10-31 | 23.79% |
| 2014-07-31 | 22.18% |
| 2014-04-30 | 18.82% |
| 2014-01-31 | 18.01% |
| 2013-10-31 | 18.16% |
| 2013-07-31 | 19.84% |
| 2013-04-30 | 19.10% |
| 2013-01-31 | 23.53% |
| 2012-10-31 | 24.54% |
