According to Weave Communications's latest financial reports and stock price the company's current Operating Margin is -28.33%. At the end of 2021 the company had an Operating Margin of -44.56%.
Year | Operating Margin | Change |
---|---|---|
2021 | -44.56% | -11.93% |
2020 | -50.59% | -27.81% |
2019 | -70.08% |
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.