Charts / Clouded Judgement (Altimeter)
LTM Operating Margin

Bar chart benchmarking the Last Twelve Months (LTM) GAAP operating margin across public and private software companies, showing a median margin of 4% and a top quartile margin of 11%.
| Label | Value shown on the chart |
|---|---|
| Palantir | 43% |
| Adobe | 36% |
| Qualys | 34% |
| Paycom | 30% |
| Veeva | 30% |
| Autodesk | 28% |
| Dropbox | 26% |
| Zoom | 24% |
| Paylocity | 22% |
| Salesforce | 22% |
| Figma | (124%) |
| C3 | (198%) |
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View the original on cloudedjudgement.substack.com





