Track (TRCK) Operating Margin (2009 - 2026)
Track's Operating Margin was 2.75% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 5.51 percentage points from 8.26% a year earlier and down 1.83 percentage points from the prior quarter.
Track (TRCK) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Track's Operating Margin was 4.88% through Jun 30, 2026, up 2.94 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 3.53%, up 8.64 percentage points from FY2024.
- Operating Margin shows a five-year change of -4.61 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Operating Margin was -5.11% in FY2024 (-0.63 pp), -4.48% in FY2023 (+1.20 pp), -5.68% in FY2022 (-17.57 pp) and 11.89% in FY2021 (+3.74 pp).
- The fiscal Q3 2026 figure marks the lowest quarterly Operating Margin since fiscal Q2 2025.
- Compared with a year earlier, Operating Margin was higher in seven of the last eight quarters, with an average year-over-year change of +5.12 percentage points.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q4 2023 (a gain of 21.18 percentage points); the worst was fiscal Q4 2022 (a drop of 27.65 percentage points).
- Per Business Quant data, TRCK's Operating Margin in the three fiscal quarters before Q3 2026 was 4.58% (Q2 2026), 8.63% (Q1 2026) and 3.52% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 78.49% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 42.96% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 41.71% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 16.79% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 11.41% |
| 10 | Track | 14.88 Mn | -6.27 Mn | 4.24 Mn | 2.75% |
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% |
Track Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TRCK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TRCK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TRCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();