Akoya Biosciences
AKYA
#8155
Rank
C$0.19 B
Marketcap
$3.95
Share price
2.46%
Change (1 day)
-34.04%
Change (1 year)

Operating Margin for Akoya Biosciences (AKYA)

Operating Margin as of September 2024 (TTM): -54.17%

According to Akoya Biosciences's latest financial reports and stock price the company's current Operating Margin is -54.17%. At the end of 2023 the company had an Operating Margin of -65.49%.

Operating Margin history for Akoya Biosciences from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-65.49%-30.48%
2022-94.20%20.1%
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.