Tuesday, 10 November 2026
Silicon Analytica
Every AI story is a chip story.
Ranking · 20 companies

Semiconductor companies ranked by operating margin (latest quarter)

Latest fiscal yearLatest quarter

Micron ranks first by operating margin in its latest quarter (Q4 FY2026) at 80.7%, ahead of SK hynix at 79.7%.

The median across the 20 companies with comparable stored figures is 36.8%; GlobalFoundries ranks last at 12.1%.

The biggest change from a year earlier was at Micron: +48.4 pp to 80.7%.

% of revenueMicron: 80.7% · Q4 FY2026 (Calculated)Micron80.7%Q4 FY2026SK hynix: 79.7% · Q3 FY2026 (Calculated)SK hynix79.7%Q3 FY2026NVIDIA: 66.2% · Q2 FY2027 (Calculated)NVIDIA66.2%Q2 FY2027TSMC: 58.7% · Q3 FY2026 (Calculated)TSMC58.7%Q3 FY2026Samsung: 55.0% · Q3 FY2026 (Calculated)Samsung55.0%Q3 FY2026Broadcom: 53.9% · Q3 FY2026 (Calculated)Broadcom53.9%Q3 FY2026Texas Instruments: 47.5% · Q3 2026 (Calculated)Texas Instruments47.5%Q3 2026KLA: 45.0% · Q1 FY2027 (Calculated)KLA45.0%Q1 FY2027ASML: 44.4% · Q3 FY2026 (Calculated)ASML44.4%Q3 FY2026Lam Research: 40.0% · Q1 FY2027 / September 2026 quarter (Calculated)Lam Research40.0%Q1 FY2027 / September…Applied Materials: 33.7% · Q3 FY2026 (Calculated)Applied Materials33.7%Q3 FY2026NXP: 32.4% · Q3 2026 (Calculated)NXP32.4%Q3 2026Tokyo Electron: 31.6% · Q2 FY2027 (Calculated)Tokyo Electron31.6%Q2 FY2027Cadence: 26.2% · Q3 2026 (Calculated)Cadence26.2%Q3 2026AMD: 21.2% · Q3 FY2026 (Calculated)AMD21.2%Q3 FY2026Intel: 15.3% · Q3 FY2026 (Calculated)Intel15.3%Q3 FY2026Synopsys: 14.4% · Q3 FY2026 (Calculated)Synopsys14.4%Q3 FY2026Arm: 13.9% · Q2 FY2027 (Calculated)Arm13.9%Q2 FY2027Qualcomm: 13.1% · Q4 FY2026 and FY2026 (Calculated)Qualcomm13.1%Q4 FY2026 and FY2026GlobalFoundries: 12.1% · Q3 2026 (Calculated)GlobalFoundries12.1%Q3 2026MedianSource: company filings and results releases (latest quarter, periods ending Jul 2026–Sep 2026) · Calculated bySilicon Analytica from reported figuresSilicon Analyticasiliconanalytica.com/rankings/operating-margin?period=quarter
  • Calculated operating income ÷ revenue (company-stated ratios used where filed).
View sources (21)
Source
1Micron80.7% Calc.Q4 FY2026Micron Q4 FY2026 earnings release (Form 8-K, Ex.… ↗
2SK hynix79.7% Calc.Q3 FY2026SK hynix Announces Third Quarter 2026 Financial … ↗
3NVIDIA66.2% Calc.Q2 FY2027NVIDIA Form 10-Q filed 2026-08-26 ↗
4TSMC58.7% Calc.Q3 FY2026TSMC Reports Third Quarter EPS of NT$29.43 ↗
5Samsung55.0% Calc.Q3 FY2026Samsung Electronics Announces Third Quarter 2026… ↗
6Broadcom53.9% Calc.Q3 FY2026Broadcom Form 10-Q filed 2026-09-10 ↗
7Texas Instruments47.5% Calc.Q3 2026Investor relations - TI reports third quarter 20… ↗
8KLA45.0% Calc.Q1 FY2027KLA Earnings Shareholder Letter Q1 FY27 ↗
9ASML44.4% Calc.Q3 FY2026ASML quarterly US GAAP financial statements (For… ↗
10Lam Research40.0% Calc.Q1 FY2027 / September 2026 quarterLam Research Corporation Reports Financial Resul… ↗
11Applied Materials33.7% Calc.Q3 FY2026Applied Materials Form 10-Q filed 2026-08-20 ↗
12NXP32.4% Calc.Q3 2026NXP Semiconductors Reports Third Quarter 2026 Re… ↗
13Tokyo Electron31.6% Calc.Q2 FY2027Summary of Consolidated Financial Results for th… ↗
14Cadence26.2% Calc.Q3 2026 Cadence Reports Third Quarter 2026 Financial R… ↗
15AMD21.2% Calc.Q3 FY2026AMD Reports Third Quarter 2026 Financial Results ↗
16Intel15.3% Calc.Q3 FY2026Intel Reports Third-Quarter 2026 Financial Resul… ↗
17Synopsys14.4% Calc.Q3 FY2026Synopsys Form 10-Q filed 2026-08-26 ↗
18Arm13.9% Calc.Q2 FY2027Exhibit 99.2 FYE27 Q2 (30-Sep-26) Shareholder Le… ↗
19Qualcomm13.1% Calc.Q4 FY2026 and FY2026FY2026 4th Quarter Earnings Release ↗
20GlobalFoundries12.1% Calc.Q3 2026GlobalFoundries Reports Third Quarter 2026 Finan… ↗

Each company's latest quarter is compared (latest quarter, periods ending Jul 2026–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 quarter (Q4 FY2026) at 80.7%, ahead of SK hynix at 79.7%.

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

The median across the 20 companies with comparable stored figures is 36.8%; GlobalFoundries ranks last at 12.1%.

Other rankings

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