Tuesday, 10 November 2026
Silicon Analytica
Every AI story is a chip story.
Ranking · 19 companies

Semiconductor companies ranked by operating margin (latest fiscal year)

Latest fiscal yearLatest quarter

Micron ranks first by operating margin in its latest fiscal year (FY2026) at 74.6%, ahead of NVIDIA at 60.4%.

The median across the 19 companies with comparable stored figures is 28.2%; Intel ranks last at −4.2%.

The biggest change from a year earlier was at Micron: +48.4 pp to 74.6%.

% of revenueMicron: 74.6% · FY2026 (Calculated)Micron74.6%FY2026NVIDIA: 60.4% · FY2026 (Calculated)NVIDIA60.4%FY2026TSMC: 50.8% · FY2025 (Calculated)TSMC50.8%FY2025SK hynix: 48.6% · FY2025 (Calculated)SK hynix48.6%FY2025Broadcom: 39.9% · FY2025 (Calculated)Broadcom39.9%FY2025Lam Research: 35.3% · FY2026 (Calculated)Lam Research35.3%FY2026ASML: 34.6% · FY2025 (Calculated)ASML34.6%FY2025Texas Instruments: 34.1% · FY2025 (Calculated)Texas Instruments34.1%FY2025Applied Materials: 29.2% · FY2025 (Calculated)Applied Materials29.2%FY2025Cadence: 28.2% · FY2025 (Calculated)Cadence28.2%FY2025Tokyo Electron: 25.6% · FY2026 (Calculated)Tokyo Electron25.6%FY2026NXP: 24.8% · FY2025 (Calculated)NXP24.8%FY2025Qualcomm: 20.1% · FY2026 (Calculated)Qualcomm20.1%FY2026Arm: 18.3% · FY2026 (Calculated)Arm18.3%FY2026Samsung: 13.1% · FY2025 (Calculated)Samsung13.1%FY2025Synopsys: 13.0% · FY2025 (Calculated)Synopsys13.0%FY2025GlobalFoundries: 11.7% · FY2025 (Calculated)GlobalFoundries11.7%FY2025AMD: 10.7% · FY2025 (Calculated)AMD10.7%FY2025Intel: −4.2% · FY2025 (Calculated)Intel−4.2%FY2025MedianSource: company filings and results releases (latest fiscal year, periods ending Oct 2025–Sep 2026) · Calculated bySilicon Analytica from reported figuresSilicon Analyticasiliconanalytica.com/rankings/operating-margin
  • Calculated operating income ÷ revenue (company-stated ratios used where filed).
View sources (19)
Source
1Micron74.6% Calc.FY2026Micron Form 10-K filed 2026-10-09 ↗
2NVIDIA60.4% Calc.FY2026NVIDIA Form 10-K filed 2026-02-25 ↗
3TSMC50.8% Calc.FY2025TSMC Form 20-F filed 2026-04-16 ↗
4SK hynix48.6% Calc.FY2025Company earnings press release (K-IFRS consolida… ↗
5Broadcom39.9% Calc.FY2025Broadcom Form 10-K filed 2025-12-18 ↗
6Lam Research35.3% Calc.FY2026Lam Research Form 10-K filed 2026-08-07 ↗
7ASML34.6% Calc.FY2025ASML Form 20-F filed 2026-02-25 ↗
8Texas Instruments34.1% Calc.FY2025Texas Instruments Form 10-K filed 2026-02-06 ↗
9Applied Materials29.2% Calc.FY2025Applied Materials Form 10-K filed 2025-12-12 ↗
10Cadence28.2% Calc.FY2025Cadence Form 10-K filed 2026-02-19 ↗
11Tokyo Electron25.6% Calc.FY2026Consolidated Financial Statements (audited), Jap… ↗
12NXP24.8% Calc.FY2025NXP Semiconductors Form 10-K for FY2025, filed 2… ↗
13Qualcomm20.1% Calc.FY2026FY2026 4th Quarter Earnings Release ↗
14Arm18.3% Calc.FY2026Arm Holdings Form 20-F filed 2026-05-26 ↗
15Samsung13.1% Calc.FY2025Consolidated financial statements (audited) ↗
16Synopsys13.0% Calc.FY2025Synopsys Form 10-K filed 2025-12-22 ↗
17GlobalFoundries11.7% Calc.FY2025GlobalFoundries Form 20-F for FY2025, filed 2026… ↗
18AMD10.7% Calc.FY2025AMD Form 10-K filed 2026-02-04 ↗
19Intel−4.2% Calc.FY2025Intel Form 10-K filed 2026-01-23 ↗

Each company's latest fiscal year is compared (latest fiscal year, periods ending Oct 2025–Sep 2026); fiscal calendars differ, so each row shows its own period. Companies without the needed stored figures are left out. Figures update automatically when new filings are stored.

Questions

Which semiconductor company has the highest operating margin?

Micron ranks first by operating margin in its latest fiscal year (FY2026) at 74.6%, ahead of NVIDIA at 60.4%.

What is the median operating margin of the semiconductor companies covered?

The median across the 19 companies with comparable stored figures is 28.2%; Intel ranks last at −4.2%.

Other rankings

RevenueRevenue growth y/yGross marginNet marginR&D as % of revenueCapital expenditureFree cash flowFinancials leaderboard