Cognyte Software
CGNT
$6.42
Share price
-1.83%
Change (1 day)
50.70%
Change (1 year)
Categories
Operating Margin for Cognyte Software (CGNT)
Operating Margin as of April 2024 (TTM): -31.08%
According to Cognyte Software's latest financial reports and stock price the company's current Operating Margin is -31.08%. At the end of 2022 the company had an Operating Margin of 1.74%.
Operating Margin history for Cognyte Software from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.74% | -68.74% |
| 2021 | 5.58% | -14.87% |
| 2020 | 6.55% | 42.36% |
| 2019 | 4.60% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Abiomed ABMD | 31.76% | -202.19% | 🇺🇸 USA |
 Intuitive Surgical ISRG | 25.82% | -183.08% | 🇺🇸 USA |
 Cormedix CRMD | -46,305.20% | 148,887.13% | 🇺🇸 USA |
 Nevro
NVRO | 1.15% | -103.70% | 🇺🇸 USA |
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.