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 -21.99% is 13% above its 5-year average of -25.33%, around the middle of its 5-year range (-50.39%–-5.30%).
1.81% above its 12-month average of -22.40%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -22.57%.
OPERATING MARGIN
-21.99%
OPERATING MARGIN AVG TTM
-22.40%
OPERATING MARGIN AVG 3Y
-22.05%
OPERATING MARGIN AVG 5Y
-25.33%
OPERATING MARGIN AVG 10Y
-22.57%
OPERATING MARGIN AVG 15Y
-20.62%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+1.81%
CURRENT VS 3Y AVG
+0.29%
CURRENT VS 5Y AVG
+13.18%
CURRENT VS 10Y AVG
+2.57%
CURRENT VS 15Y AVG
-6.63%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
11.96%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
-283.86%
vs the sector median at left
Varonis Systems, Inc.
Market Cap
$5.48B
Operating Margin
-21.99%
TTM Avg
-22.40%
3Y Avg
-22.05%
5Y Avg
-25.33%
Market Cap
$5.32B
Operating Margin
-70.39%
TTM Avg
-37.08%
3Y Avg
-100.46%
5Y Avg
-63.62%
Market Cap
$5.31B
Operating Margin
-0.49%
TTM Avg
-0.49%
3Y Avg
-2.76%
5Y Avg
10.03%
Market Cap
$5.68B
Operating Margin
10.26%
TTM Avg
10.54%
3Y Avg
10.91%
5Y Avg
12.05%
Market Cap
$5.06B
Operating Margin
-1194.41%
TTM Avg
-914.68%
3Y Avg
-815.99%
5Y Avg
-718.91%
Market Cap
$4.83B
Operating Margin
4.77%
TTM Avg
3.12%
3Y Avg
10.43%
5Y Avg
11.32%
Market Cap
$6.15B
Operating Margin
23.05%
TTM Avg
22.34%
3Y Avg
19.25%
5Y Avg
19.15%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Varonis Systems, Inc. (VRNS) | $5.48B | -21.99% | -22.40% | -22.05% | -25.33% |
| Core Scientific, Inc. (CORZ)vs › | $5.32B | -70.39% | -37.08% | -100.46% | -63.62% |
| Genpact Limited (G)vs › | $5.64B | 15.08% | 14.85% | 13.82% | 13.29% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.31B | -0.49% | -0.49% | -2.76% | 10.03% |
| EPAM Systems, Inc. (EPAM)vs › | $5.68B | 10.26% | 10.54% | 10.91% | 12.05% |
| Lyft, Inc. (LYFT)vs › | $5.86B | -1.77% | -2.52% | -12.87% | -27.22% |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | -1194.41% | -914.68% | -815.99% | -718.91% |
| Diodes Incorporated (DIOD)vs › | $4.83B | 4.77% | 3.12% | 10.43% | 11.32% |
| Cirrus Logic, Inc. (CRUS)vs › | $6.15B | 23.05% | 22.34% | 19.25% | 19.15% |
| Box, Inc. (BOX)vs › | $4.76B | 9.43% | 7.19% | 5.75% | 2.49% |
Gross Margin
77.1%
Operating Margin
-22.0%
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 | -22.57% |
| 2026-03-31 | -25.69% |
| 2025-12-31 | -17.46% |
| 2025-09-30 | -22.24% |
| 2025-06-30 | -24.02% |
| 2025-03-31 | -32.08% |
| 2024-12-31 | -8.91% |
| 2024-09-30 | -16.66% |
| 2024-06-30 | -24.53% |
| 2024-03-31 | -44.62% |
| 2023-12-31 | -6.49% |
| 2023-09-30 | -26.73% |
| 2023-06-30 | -37.27% |
| 2023-03-31 | -42.64% |
| 2022-12-31 | -5.30% |
| 2022-09-30 | -19.52% |
| 2022-06-30 | -33.45% |
| 2022-03-31 | -50.39% |
| 2021-12-31 | -20.02% |
| 2021-09-30 | -18.93% |
| 2021-06-30 | -32.39% |
| 2021-03-31 | -45.56% |
| 2020-12-31 | -7.56% |
| 2020-09-30 | -21.44% |
| 2020-06-30 | -33.19% |
| 2020-03-31 | -60.30% |
| 2019-12-31 | -19.30% |
| 2019-09-30 | -24.33% |
| 2019-06-30 | -40.26% |
| 2019-03-31 | -39.04% |
| 2018-12-31 | 5.14% |
| 2018-09-30 | -10.19% |
| 2018-06-30 | -18.18% |
| 2018-03-31 | -28.95% |
| 2017-12-31 | 10.58% |
| 2017-09-30 | -5.83% |
| 2017-06-30 | -12.17% |
| 2017-03-31 | -27.30% |
| 2016-12-31 | 8.47% |
| 2016-09-30 | -9.60% |
| 2016-06-30 | -14.45% |
| 2016-03-31 | -35.41% |
| 2015-12-31 | 8.12% |
| 2015-09-30 | -14.55% |
| 2015-06-30 | -22.42% |
| 2015-03-31 | -50.25% |
| 2014-12-31 | 0.88% |
| 2014-09-30 | -20.01% |
| 2014-06-30 | -18.52% |
| 2014-03-31 | -45.44% |
| 2013-12-31 | 6.16% |
| 2013-09-30 | -11.49% |
| 2013-06-30 | -7.09% |
| 2013-03-31 | -32.07% |
| 2012-12-31 | 12.50% |
| 2012-09-30 | 0.08% |
