NextNav
NN
#5507
Rank
C$1.31 B
Marketcap
$10.43
Share price
-1.54%
Change (1 day)
48.05%
Change (1 year)

Operating Margin for NextNav (NN)

Operating Margin as of September 2024 (TTM): -2,177.00%

According to NextNav's latest financial reports and stock price the company's current Operating Margin is -2,177.00%. At the end of 2023 the company had an Operating Margin of -1,644.98%.

Operating Margin history for NextNav from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1,644.98%-1.46%
2022-1,669.28%-69.98%
2021-5,560.81%-75.14%
2020-22,365.73%

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.