Nova (NVMI) Operating Margin (2009 - 2026)
Nova's (NVMI) quarterly Operating Margin came in at 29.88% in Q2 2026, up 4.0% on a YoY basis from 28.73% in Q2 2025, and down 0.74% quarter-over-quarter from 30.1% in Q1 2026.
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Nova (NVMI) Operating Margin (2009 - 2026) Analysis & Trends
Nova (NVMI) has reported Operating Margin for 18 consecutive years, with 29.88% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 4.0% year-over-year to 29.88%; the trailing twelve-month figure through Jun 2026 stood at 28.97% (up 3.0% YoY), and the FY2025 full-year result was 28.78%, up 89.0% from the prior year.
- Operating Margin declined to 29.88% in Q2 2026 per NVMI's latest filing, from 30.1% in the prior quarter.
- Across five years, Operating Margin topped out at 30.1% in Q1 2026 and bottomed at 23.4% in Q2 2023.
- Historically, Operating Margin has averaged 27.43% across 5 years, with a median of 27.39% in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin slumped 446 bps in 2022, then jumped 568 bps in 2024.
- Over 5 years, Operating Margin stood at 24.41% in 2022, then advanced by 3 bps to 25.08% in 2023, then rose by 14 bps to 28.48% in 2024, then declined by 4 bps to 27.28% in 2025, then rose by 10 bps to 29.88% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 29.88%, 30.1%, and 27.28% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 37.39% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 33.74% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 42.49% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 20.11% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 18.52% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 29.88% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 20.43% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 16.98% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 20.66% |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 9.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.88% |
| Mar 31, 2026 | 30.10% |
| Dec 31, 2025 | 27.28% |
| Sep 30, 2025 | 28.43% |
| Jun 30, 2025 | 29.84% |
| Mar 31, 2025 | 29.64% |
| Dec 31, 2024 | 28.48% |
| Sep 30, 2024 | 27.51% |
| Jun 30, 2024 | 29.08% |
| Mar 31, 2024 | 26.25% |
| Dec 31, 2023 | 25.08% |
| Sep 30, 2023 | 26.51% |
| Jun 30, 2023 | 23.40% |
| Mar 31, 2023 | 27.03% |
| Dec 31, 2022 | 24.41% |
| Sep 30, 2022 | 27.06% |
| Jun 30, 2022 | 26.10% |
| Mar 31, 2022 | 27.70% |
| Dec 31, 2021 | 24.60% |
| Sep 30, 2021 | 31.52% |