Veritone
VERI
$3.19
Share price
-2.44%
Change (1 day)
-29.74%
Change (1 year)
Categories
Operating Margin for Veritone (VERI)
Operating Margin as of May 2024 (TTM): -27.88%
According to Veritone's latest financial reports and stock price the company's current Operating Margin is -27.88%. At the end of 2021 the company had an Operating Margin of -58.84%.
Operating Margin history for Veritone from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -58.84% | -28.96% |
| 2020 | -82.83% | -35.27% |
| 2019 | -127.96% | -43.34% |
| 2018 | -225.84% | -45.38% |
| 2017 | -413.48% | 36.6% |
| 2016 | -302.69% | 579.44% |
| 2015 | -44.55% |
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.