Sonim Technologies
SONM
$0.48
Share price
-4.25%
Change (1 day)
-60.97%
Change (1 year)
Categories
Operating Margin for Sonim Technologies (SONM)
Operating Margin as of April 2024 (TTM): -7.79%
According to Sonim Technologies 's latest financial reports and stock price the company's current Operating Margin is -7.79%. At the end of 2021 the company had an Operating Margin of -70.48%.
Operating Margin history for Sonim Technologies from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -70.48% | 48.1% |
| 2020 | -47.59% | 126.3% |
| 2019 | -21.03% | -1504.65% |
| 2018 | 1.50% | -110.54% |
| 2017 | -14.20% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Qorvo
QRVO | -0.20% | -97.43% | 🇺🇸 USA |
 QUALCOMM QCOM | 33.93% | -535.56% | 🇺🇸 USA |
 EchoStar SATS | 7.78% | -199.87% | 🇺🇸 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.