Lyra Therapeutics
LYRA
#7958
Rank
$23.34 M
Marketcap
$0.38
Share price
4.19%
Change (1 day)
-86.02%
Change (1 year)

Operating Margin for Lyra Therapeutics (LYRA)

Operating Margin as of May 2024 (TTM): -817.20%

According to Lyra Therapeutics's latest financial reports and stock price the company's current Operating Margin is -817.20%. At the end of 2021 the company had an Operating Margin of -15,267.72%.

Operating Margin history for Lyra Therapeutics from 2022 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-15,267.72%
2018-484.65%

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.