Akoya Biosciences
AKYA
$4.04
Share price
1.25%
Change (1 day)
-41.02%
Change (1 year)
Operating Margin for Akoya Biosciences (AKYA)
Operating Margin as of May 2024 (TTM): -84.47%
According to Akoya Biosciences's latest financial reports and stock price the company's current Operating Margin is -84.47%. At the end of 2021 the company had an Operating Margin of -78.44%.
Operating Margin history for Akoya Biosciences from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -78.44% | 99.78% |
| 2020 | -39.26% | 13.92% |
| 2019 | -34.47% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.