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Qnap SystemsROCO:7805 -1.12%23 Operating Margin % is 21.45% as of Dec. 2025, which is 5% above its 10-year median of 20.37. GuruFocus rates ROCO:7805 with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 2,826 Software companies, Qnap Systems ranks better than 89.95% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Qnap Systems's Operating Income for the
three
months ended in Dec. 2025 was NT$354 Mil. Qnap Systems's Revenue for the
three
months ended in Dec. 2025 was NT$1,653 Mil. Therefore, Qnap Systems's Operating Margin % for the quarter that ended in Dec. 2025 was 21.45%.
The historical rank and industry rank for Qnap Systems's Operating Margin % or its related term are showing as below:
ROCO:7805'
s Operating Margin % Range Over the Past 10 Years
Min: 5.57 Med: 20.37 Max: 23.12
Current: 22.41
ROCO:7805's Operating Margin % is ranked better than 89.95% of 2826
companies
in the Software industry
Industry Median: 3.9
vs ROCO:7805: 22.41
Qnap Systems's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Qnap Systems's Operating Income for the
three
months ended in Dec. 2025 was NT$354 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,400 Mil.
Qnap Systems (ROCO:7805) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Qnap Systems Operating Margin % Related Terms
Qnap Systems Operating Margin % Historical Data
* Premium members only.
The historical data trend for Qnap Systems's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ROCO:7805 vs UBER, SHOP, CRM: Operating Margin % Comparison
For the Software - Application subindustry, Qnap Systems's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Qnap Systems Operating Margin % vs Software Industry
For the Software industry and Technology sector, Qnap Systems's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Qnap Systems's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Qnap Systems's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Qnap Systems (ROCO:7805) has a Operating Margin % of 21.45% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Qnap Systems and its competitors. This is near median its historical median of 20.37. Over the past decade, Qnap Systems' Operating Margin % has ranged from 5.57 to 23.12. According to the industry distribution chart, Qnap Systems ranks #284 out of 2826 companies in the Software industry, placing it in the top 10%.
Is Qnap Systems' Operating Margin % too high?
Qnap Systems' current Operating Margin % of 21.45% is near median its 10-year median of 20.37. Over the past 10 years, this metric has ranged from a low of 5.57 to a high of 23.12. The Software industry median Operating Margin % is 3.90. Qnap Systems' value of 21.45% is 450% above this industry median. Based on the distribution chart, Qnap Systems ranks #284 out of 2826 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Qnap Systems has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Qnap Systems' Operating Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Qnap Systems ranks #284 out of 2826 companies for Operating Margin %. This places Qnap Systems in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.90. Qnap Systems' value of 21.45% is 450% above this benchmark. Historically, Qnap Systems' own Operating Margin % has ranged from 5.57 to 23.12 over the past decade. While the company's 10-year median is 20.37 vs. the industry median of 3.90, Qnap Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Software company?
The median Operating Margin % among Software companies is 3.90, based on 2,826 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qnap Systems's current Operating Margin % of 21.45% is 450% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Qnap Systems and its competitors. For the Software industry, the median Operating Margin % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qnap Systems's current Operating Margin % is 21.45%, which is near median its own 10-year median of 20.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qnap Systems stock overvalued right now?
Qnap Systems (ROCO:7805) has a current Operating Margin % of 21.45%. The current Operating Margin % is 21.45%, which is near median its 10-year median of 20.37 and 450% above the Software industry median of 3.90. Qnap Systems' overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Qnap Systems (ROCO:7805), the current Operating Margin % is 21.45% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Qnap Systems Inc is engaged in business activities that include the manufacturing and sale of data storage and processing equipment, wired communication machinery and equipment, and optical instruments, as well as related import and export trading businesses. The Group has only one reportable segment, the Network Attached Storage equipment segment. The Network Attached Storage equipment segment is mainly engaged in the manufacturing, sale, and development of data storage and processing equipment. Geographically, the company operates in Taiwan, America, Europe, Asia, and Other. The majority of its revenue is generated from Europe.
23GF Score
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