According to MongoDB's latest financial reports and stock price the company's current Operating Margin is -6.55%. At the end of 2024 the company had an Operating Margin of -9.16%.
Year | Operating Margin | Change |
---|---|---|
2024 | -9.16% | -63.65% |
2023 | -25.19% | -24.51% |
2022 | -33.37% | -4.64% |
2021 | -34.99% | -4.91% |
2020 | -36.80% | 6.76% |
2019 | -34.47% | -30.78% |
2018 | -49.80% | -17.55% |
2017 | -60.39% | -46.02% |
2016 | -111.87% |
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.