Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ImmersionSTU:IMV -0.38%61 Operating Margin % is 4.18% as of Apr. 2026, which is 51% below its 10-year median of 8.53. GuruFocus rates STU:IMV with a GF Score™ of 61/100. The stock has 10 warning signs investors should review. Among 2,823 Software companies, Immersion ranks worse than 55.69% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Immersion's Operating Income for the
three
months ended in Apr. 2026 was €10 Mil. Immersion's Revenue for the
three
months ended in Apr. 2026 was €231 Mil. Therefore, Immersion's Operating Margin % for the quarter that ended in Apr. 2026 was 4.18%.
Warning Sign:
Immersion Corp operating margin has been in a 5-year decline. The average rate of decline per year is -33.1%.
The historical rank and industry rank for Immersion's Operating Margin % or its related term are showing as below:
STU:IMV'
s Operating Margin % Range Over the Past 10 Years
Min: -124.32 Med: 8.53 Max: 63.49
Current: 2.21
STU:IMV's Operating Margin % is ranked worse than 55.69% of 2823
companies
in the Software industry
Industry Median: 3.9
vs STU:IMV: 2.21
Immersion's 5-Year Average Operating Margin % Growth Rate was -33.10% per year.
Immersion's Operating Income for the
three
months ended in Apr. 2026 was €10 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €33 Mil.
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.
Immersion Operating Margin % Related Terms
Immersion Operating Margin % Historical Data
* Premium members only.
The historical data trend for Immersion'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.
STU:IMV vs DSP, RTB, ASUR: Operating Margin % Comparison
For the Software - Application subindustry, Immersion'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.
Immersion Operating Margin % vs Software Industry
For the Software industry and Technology sector, Immersion's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Immersion'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.
Immersion's Operating Margin % for the fiscal year that ended in Apr. 2026 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.
Immersion (STU:IMV) has a Operating Margin % of 4.18% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Immersion and its competitors. This is 51% below median its historical median of 8.53. According to the industry distribution chart, Immersion ranks #1572 out of 2823 companies in the Software industry, placing it in the top 55.7%.
Is Immersion's Operating Margin % too high?
Immersion's current Operating Margin % of 4.18% is 51% below median its 10-year median of 8.53. The Software industry median Operating Margin % is 3.90. Immersion's value of 4.18% is 7.2% above this industry median. Based on the distribution chart, Immersion ranks #1572 out of 2823 companies in the Software industry, which is below the industry midpoint. Overall, Immersion has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Immersion's Operating Margin % compare to DSP and RTB?
According to the Software industry distribution chart, Immersion ranks #1572 out of 2823 companies for Operating Margin %. This places Immersion in the lower half of its industry. The industry median Operating Margin % is 3.90. Immersion's value of 4.18% is 7.2% above this benchmark. While the company's 10-year median is 8.53 vs. the industry median of 3.90, Immersion 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 2,823 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. Immersion's current Operating Margin % of 4.18% is 7.2% 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 Immersion 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. Immersion's current Operating Margin % is 4.18%, which is 51% below median its own 10-year median of 8.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immersion stock overvalued right now?
Immersion (STU:IMV) has a current Operating Margin % of 4.18%. The current Operating Margin % is 4.18%, which is 51% below median its 10-year median of 8.53 and 7.2% above the Software industry median of 3.90. Immersion's overall GF Score™ is 61/100 with 10 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 Immersion (STU:IMV), the current Operating Margin % is 4.18% as of Apr. 2026. 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.
Immersion Corp is focused on the creation, design, development, and licensing of haptic technologies that allow people to use its sense of touch more fully as it involves engaging with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Japan, followed by Korea, Germany, United States of America and other countries.
61GF Score
Get the complete analysis for STU:IMV
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:IMV has been successfully added to your 
