According to Duolingo's latest financial reports and stock price the company's current Operating Margin is -7.20%. At the end of 2022 the company had an Operating Margin of -17.64%.
Year | Operating Margin | Change |
---|---|---|
2022 | -17.64% | -26.26% |
2021 | -23.93% | 141.66% |
2020 | -9.90% | -45.67% |
2019 | -18.23% |
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.