Bionano Genomics
BNGO
#9621
Rank
NZ$38.29 M
Marketcap
$0.38
Share price
4.63%
Change (1 day)
-84.32%
Change (1 year)

Operating Margin for Bionano Genomics (BNGO)

Operating Margin as of November 2024 (TTM): -542.95%

According to Bionano Genomics 's latest financial reports and stock price the company's current Operating Margin is -542.95%. At the end of 2023 the company had an Operating Margin of -643.57%.

Operating Margin history for Bionano Genomics from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-643.57%36.88%
2022-470.15%8.17%
2021-434.64%-10.03%
2020-483.09%64.24%
2019-294.13%91%
2018-154.00%-37.3%
2017-245.63%-11.42%
2016-277.29%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-129.38%-76.17%๐Ÿ‡บ๐Ÿ‡ธ USA
-43.94%-91.91%๐Ÿ‡บ๐Ÿ‡ธ USA
14.13%-102.60%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.