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 30.93% is 27% above its 5-year average of 24.42%, near the high end of its 5-year range (11.69%–30.93%).
As of the fiscal period ended Thursday, April 30, 2026. 6.18% above its 12-month average of 29.13%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
30.93%
OPERATING MARGIN AVG TTM
29.13%
OPERATING MARGIN AVG 3Y
24.45%
OPERATING MARGIN AVG 5Y
25.06%
OPERATING MARGIN AVG 10Y
24.56%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+6.18%
CURRENT VS 3Y AVG
+26.52%
CURRENT VS 5Y AVG
+23.44%
CURRENT VS 10Y AVG
+25.96%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
13.32%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+132.22%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$33.10B
Operating Margin
30.93%
TTM Avg
29.13%
3Y Avg
24.45%
5Y Avg
25.06%
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 |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $33.10B | 30.93% | 29.13% | 24.45% | 25.06% |
| 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% |
| Ubiquiti Inc. (UI)vs › | $33.68B | 35.75% | 29.19% | 28.44% | 31.69% |
| ON Semiconductor Corporation (ON)vs › | $31.76B | 10.84% | 18.71% | 24.13% | 20.38% |
| NetApp, Inc. (NTAP)vs › | $35.03B | 24.12% | 22.41% | 20.05% | 19.41% |
| 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% |
| Fiserv, Inc. (FISV)vs › | $28.76B | 24.38% | 27.81% | 25.75% | 21.59% |
Gross Margin
75.0%
Operating Margin
30.9%
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 |
|---|---|
| 2026-04-30 | 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% |
