According to Augmedix's latest financial reports and stock price the company's current Operating Margin is -46.10%. At the end of 2022 the company had an Operating Margin of -73.26%.
Year | Operating Margin | Change |
---|---|---|
2022 | -73.26% | 7.08% |
2021 | -68.42% | -20.31% |
2020 | -85.85% | -22.79% |
2019 | -111.19% |
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.