Technology companies with the highest operating margin

Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 246 · Fiscal year 2025 · Data as of September 25, 2026

Only companies with at least $1bn in revenue are ranked.

Applovin (APP) tops the list with 75.8% in operating margin for fiscal 2025, ahead of Verisign (67.7%) and NVIDIA (60.4%). Across the top 10, operating margin ranges from 75.8% down to 43.7%. 246 companies in Technology report operating margin, 16.6% of the 1486-filer universe. The last place on the list, Thermo Fisher Scientific, comes in at 17.4%.

Operating margin
#CompanyOperating marginYoY15-year trend
1ApplovinAPPUS75.8%+27.8%
2VerisignVRSNUS67.7%−0.4%
3NVIDIANVDAUS60.4%−3.3%
4VisaVUS60.0%−8.7%
5MastercardMAUS57.6%+4.2%
6MSCIMSCIUS54.7%+2.2%
7Fair IsaacFICOUS46.5%+8.8%
8MicrosoftMSFTUS45.6%+2.2%
9CorpayCPAYUS44.0%−2.1%
10Verisk AnalyticsVRSKUS43.7%+0.5%
11Arista NetworksANETUS42.8%+1.8%
12Gen DigitalGENUS42.4%+3.6%
13Meta PlatformsMETAUS41.4%−1.8%
14BroadcomAVGOUS39.9%+52.8%
15KlaKLACUS38.2%+17.5%
16AdobeADBEUS36.6%+16.8%
17PTCPTCUS35.9%+40.2%
18Texas InstrumentsTXNUS34.1%−2.5%
19Credo Technology GroupCRDOKY33.3%+292.1%
20Full Truck AllianceYMMCN33.2%+50.7%
21UbiquitiUIUS32.5%+25.6%
22Factset Research SystemsFDSUS32.2%+1.2%
23AlphabetGOOGLUS32.0%−0.2%
24AppleAAPLUS32.0%+1.5%
25NetEaseNTESCN31.8%+13.2%
26Palantir TechnologiesPLTRUS31.6%+191.7%
27RelxRELXGB31.6%+4.1%
28Wise GroupWSEGB31.2%−33.8%
29FortinetFTNTUS30.7%+1.3%
30First SolarFSLRUS30.6%−7.7%
31OracleORCLUS30.6%−0.7%
32Check Point Software TechnologiesCHKPUS30.5%−10.7%
33KanzhunBZCN29.8%+86.9%
34Applied MaterialsAMATUS29.2%+0.9%
35Veeva SystemsVEEVUS28.7%+13.9%
36Roper TechnologiesROPUS28.3%−0.3%
37Cadence Design SystemsCDNSUS28.2%−3.2%
38QualcommQCOMUS27.9%+7.9%
39Paycom SoftwarePAYCUS27.6%−17.9%
40FiservFISVUS27.5%−4.5%
41DropboxDBXUS27.3%+43.3%
42Analog DevicesADIUS26.6%+23.4%
43WeiboWBCN26.5%−6.1%
44IntuitINTUUS26.1%+17.3%
45Micron TechnologyMUUS26.1%+403.3%
46SAPSAPDE26.1%+91.5%
47Monolithic Power SystemsMPWRUS26.1%+6.9%
48Mettler Toledo InternationalMTDUS26.1%−2.7%
49Manhattan AssociatesMANHUS25.9%+3.1%
50Automatic Data ProcessingADPUS25.8%+1.8%
51AmetekAMEUS25.8%+0.7%
52Motorola SolutionsMSIUS25.6%+2.9%
53AmphenolAPHUS25.4%+22.5%
54WatersWATUS25.4%−9.2%
55Trip.com GroupTCOMSG25.3%−5.0%
56Match GroupMTCHUS25.0%+5.7%
57WexWEXUS25.0%−4.5%
58NXP SemiconductorsNXPINL24.8%−8.3%
59F5FFIVUS24.8%+6.1%
60HealthequityHQYUS24.6%+81.4%
61NetAppNTAPUS24.2%+18.8%
62Bentley SystemsBSYUS24.1%+8.1%
63Jack Henry & AssociatesJKHYUS23.9%+8.4%
64VeraltoVLTOUS23.2%−0.2%
65Zoom CommunicationsZMUS23.1%+32.4%
66Cirrus LogicCRUSUS23.0%+6.5%
67SS&C TechnologiesSSNCUS22.9%+0.3%
68Global PaymentsGPNUS22.8%−10.8%
69GodaddyGDDYUS22.8%+16.5%
70Waystar HoldingWAYUS22.7%+73.0%
71NiceNICEIL21.9%+9.8%
72AutodeskADSKUS21.9%−0.8%
73General ElectricGEUS21.8%+10.8%
74PDD HoldingsPDDIE21.6%−21.7%
75Agilent TechnologiesAUS21.3%−6.9%
76Cisco SystemsCSCOUS20.8%−8.3%
77HubbellHUBBUS20.7%+6.5%
78Light & WonderLAWILUS20.6%−1.6%
79eBayEBAYUS20.5%−9.0%
80Rockwell AutomationROKUS20.4%+5.8%
81TeradyneTERUS20.4%−3.2%
82Trade DeskTTDUS20.3%+16.5%
83Qnity ElectronicsQUS20.2%−2.6%
84DlocalDLOUY20.1%+6.8%
85RedditRDDTUS20.1%+63.2 pp
86SalesforceCRMUS20.1%+5.5%
87NextpowerNXTUS19.6%−9.3%
88DanaherDHRUS19.1%−6.3%
89Paylocity HoldingPCTYUS19.1%+2.8%
90Aci WorldwideACIWUS18.7%−3.0%
91Western UnionWUUS18.7%+8.4%
92Trane TechnologiesTTIE18.6%+5.5%
93IlluminaILMNUS18.6%+37.6 pp
94Arm HoldingsARMGB18.3%−11.8%
95PayPal HoldingsPYPLUS18.3%+9.2%
96VontierVNTUS18.3%+1.3%
97Zoominfo TechnologiesGTMUS18.1%+125.2%
98Vertiv HoldingsVRTUS17.9%+4.8%
99Lumentum HoldingsLITEUS17.4%+28.4 pp
100Thermo Fisher ScientificTMOUS17.4%+1.6%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Technology companies with the highest operating margin |url=https://companiesranked.com/en/technology-companies-with-the-highest-operating-margin |website=CompaniesRanked |date=2026-09-25 |language=en}}

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@misc{companiesranked-en-technology-companies-with-the-highest-operating-margin-2026,
  author       = {{CompaniesRanked}},
  title        = {{Technology companies with the highest operating margin}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/technology-companies-with-the-highest-operating-margin}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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