Nova (NVMI) Operating Margin (2009 - 2025)

Nova (NVMI) posted Operating Margin of 27.28% for Q4 2025, down 4.05% sequentially from 28.43% in Q3 2025, and down 120.0% on a YoY basis from 136.4% in Q4 2024.

Nova (NVMI) Operating Margin (2009 - 2025) Analysis & Trends

Nova has disclosed Operating Margin across 17 years of filings, most recently posting 27.28% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 120.0% year-over-year to 27.28% in Q4 2025; TTM through Dec 2025 was 28.78%, a 89.0% increase from a year earlier, with the FY2025 full-year figure at 28.78%, up 89.0% from the prior year.
  • Operating Margin came in at 27.28% for Q4 2025 at Nova, down from 28.43% in the prior quarter.
  • Over five years, Operating Margin peaked at 31.52% in Q3 2021 and troughed at 23.4% in Q2 2023.
  • Historically, Operating Margin has averaged 27.06% across 5 years, with a median of 27.17% in 2022.
  • Year-over-year, Operating Margin surged 1136 bps in 2021 and sank 446 bps in 2022.
  • Nova's Operating Margin stood at 24.6% in 2021, then fell by 1 bps to 24.41% in 2022, then climbed by 3 bps to 25.08% in 2023, then gained by 14 bps to 28.48% in 2024, then fell by 4 bps to 27.28% in 2025.
  • The last three Operating Margin figures came in at 27.28% (Q4 2025), 28.43% (Q3 2025), and 29.84% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn 51.98%
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 31.90%
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 35.04%
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 41.21%
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 36.88%
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 26.69%
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 17.44%
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 11.48%
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 10.53%
10 Nova 76.04 Mn -138.74 Mn 128.23 Mn 27.28%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 27.84%
Mar 31, 2021 23.48%