Sonim Technologies
SONM
#9791
Rank
โ‚น1.53 B
Marketcap
โ‚น314.68
Share price
6.65%
Change (1 day)
-46.91%
Change (1 year)

Operating Margin for Sonim Technologies (SONM)

Operating Margin as of December 2024 (TTM): -22.93%

According to Sonim Technologies 's latest financial reports and stock price the company's current Operating Margin is -22.93%. At the end of 2022 the company had an Operating Margin of -19.91%.

Operating Margin history for Sonim Technologies from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-19.91%-71.75%
2021-70.48%48.1%
2020-47.59%126.3%
2019-21.03%-1504.65%
20181.50%-110.54%
2017-14.20%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
20.77%-190.58%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.31%-98.65%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.14%-60.14%๐Ÿ‡บ๐Ÿ‡ธ 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.