Track (TRCK) Operating Margin (2009 - 2026)
Track's (TRCK) quarterly Operating Margin came in at 2.75% in Q2 2026, down 551.0% on a YoY basis from 0.61% in Q2 2025, and down 39.94% quarter-over-quarter from 4.58% in Q1 2026.
Analysis
Track (TRCK) Operating Margin (2009 - 2026) Analysis & Trends
Track (TRCK) has reported Operating Margin for 18 consecutive years, with 2.75% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 551.0% year-over-year to 2.75%; the trailing twelve-month figure through Jun 2026 stood at 4.88% (up 294.0% YoY), and the FY2025 full-year result was 3.53%, up 864.0% from the prior year.
- Operating Margin eased to 2.75% in Q2 2026 per TRCK's latest filing, from 4.58% in the prior quarter.
- Across five years, Operating Margin topped out at 8.63% in Q4 2025 and bottomed at 24.36% in Q3 2022.
- Historically, Operating Margin has averaged 2.18% across 5 years, with a median of 1.82% in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 2765 bps in 2022, then soared 2118 bps in 2023.
- Over 5 years, Operating Margin stood at 1.59% in 2022, then declined by 28 bps to 2.04% in 2023, then surged by 173 bps to 1.48% in 2024, then jumped by 482 bps to 8.63% in 2025, then slumped by 68 bps to 2.75% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 2.75%, 4.58%, and 8.63% 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 | Lumentum Holdings | 78.08 Bn | 75.34 Bn | 477.30 Mn | 27.76% |
| 2 | Coherent | 55.21 Bn | 53.56 Bn | 787.08 Mn | -47.91% |
| 3 | Zebra Technologies | 17.16 Bn | 17.00 Bn | 825.00 Mn | 20.62% |
| 4 | Littelfuse | 10.64 Bn | 10.02 Bn | 306.06 Mn | 16.21% |
| 5 | Vishay Intertechnology | 4.49 Bn | 3.19 Bn | 207.38 Mn | 6.02% |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | -1.92% |
| 7 | Knowles | 3.03 Bn | 2.98 Bn | 74.60 Mn | 14.81% |
| 8 | Hesai | 2.95 Bn | 1.97 Bn | 50.88 Mn | 0.26% |
| 9 | Ouster | 2.50 Bn | 2.23 Bn | 26.69 Mn | -36.69% |
| 10 | Track | 20.05 Mn | 11.66 Mn | 4.24 Mn | 2.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.75% |
| Mar 31, 2026 | 4.58% |
| Dec 31, 2025 | 8.63% |
| Sep 30, 2025 | 3.52% |
| Jun 30, 2025 | 8.26% |
| Mar 31, 2025 | 0.53% |
| Dec 31, 2024 | 1.48% |
| Sep 30, 2024 | -2.34% |
| Jun 30, 2024 | -5.64% |
| Mar 31, 2024 | -10.62% |
| Dec 31, 2023 | -2.04% |
| Sep 30, 2023 | -3.18% |
| Jun 30, 2023 | -3.11% |
| Mar 31, 2023 | -10.23% |
| Dec 31, 2022 | -1.59% |
| Sep 30, 2022 | -24.36% |
| Jun 30, 2022 | -5.93% |
| Mar 31, 2022 | 0.08% |
| Dec 31, 2021 | 6.21% |
| Sep 30, 2021 | 3.29% |