Backblaze
BLZE
$7.25
Share price
-3.33%
Change (1 day)
75.97%
Change (1 year)
Categories
Operating Margin for Backblaze (BLZE)
Operating Margin as of May 2024 (TTM): -60.75%
According to Backblaze's latest financial reports and stock price the company's current Operating Margin is -60.75%. At the end of 2021 the company had an Operating Margin of -32.02%.
Operating Margin history for Backblaze from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -32.02% | 160.24% |
| 2020 | -12.30% | 411.63% |
| 2019 | -2.41% |
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.