Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of -80.59% is 49% above its 5-year average of -156.89%, near the high end of its 5-year range (-427.51%–-35.10%).
8.96% above its 12-month average of -88.52%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -62.03%.
OPERATING MARGIN
-80.59%
OPERATING MARGIN AVG TTM
-88.52%
OPERATING MARGIN AVG 3Y
-172.18%
OPERATING MARGIN AVG 5Y
-156.89%
OPERATING MARGIN AVG 10Y
-91.16%
OPERATING MARGIN AVG 15Y
-57.63%
OPERATING MARGIN AVG 20Y
-71.58%
CURRENT VS TTM AVG
+8.96%
CURRENT VS 3Y AVG
+53.19%
CURRENT VS 5Y AVG
+48.63%
CURRENT VS 10Y AVG
+11.60%
CURRENT VS 15Y AVG
-39.84%
CURRENT VS 20Y AVG
-12.59%
SECTOR MEDIAN · INDUSTRIALS
7.86%
median of 287 covered companies
CURRENT VS SECTOR MEDIAN
-1125.32%
vs the sector median at left
Ballard Power Systems Inc.
Market Cap
$621.04M
Operating Margin
-80.59%
TTM Avg
-88.52%
3Y Avg
-172.18%
5Y Avg
-156.89%
Market Cap
$582.47M
Operating Margin
-554.83%
TTM Avg
-803.27%
3Y Avg
-1666.85%
5Y Avg
-1111.24%
Market Cap
$696.97M
Operating Margin
22.48%
TTM Avg
15.64%
3Y Avg
17.94%
5Y Avg
19.00%
Market Cap
$515.40M
Operating Margin
59.35%
TTM Avg
56.70%
3Y Avg
58.71%
5Y Avg
50.16%
Market Cap
$495.37M
Operating Margin
11.47%
TTM Avg
11.08%
3Y Avg
12.14%
5Y Avg
8.36%
Market Cap
$493.80M
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$748.63M
Operating Margin
3.91%
TTM Avg
1.69%
3Y Avg
1.29%
5Y Avg
1.13%
Market Cap
$487.84M
Operating Margin
-3.08%
TTM Avg
1.89%
3Y Avg
6.20%
5Y Avg
6.57%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ballard Power Systems Inc. (BLDP) | $621.04M | -80.59% | -88.52% | -172.18% | -156.89% |
| Elmet Group Co. (ELMT)vs › | $638.27M | 5.99% | 6.72% | 6.72% | 6.72% |
| Enovix Corporation (ENVX)vs › | $582.47M | -554.83% | -803.27% | -1666.85% | -1111.24% |
| Cass Information Systems, Inc. (CASS)vs › | $696.97M | 22.48% | 15.64% | 17.94% | 19.00% |
| Euroseas Ltd. (ESEA)vs › | $515.40M | 59.35% | 56.70% | 58.71% | 50.16% |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $495.37M | 11.47% | 11.08% | 12.14% | 8.36% |
| Accelevation Holdings Corp. (ACCV)vs › | $493.80M | N/A | N/A | N/A | N/A |
| Bowman Consulting Group Ltd. (BWMN)vs › | $748.63M | 3.91% | 1.69% | 1.29% | 1.13% |
| Columbus McKinnon Corporation (CMCO)vs › | $487.84M | -3.08% | 1.89% | 6.20% | 6.57% |
| ADS-TEC Energy PLC (ADSE)vs › | $755.81M | -179.64% | -93.73% | -91.69% | -73.41% |
Gross Margin
2.4%
Operating Margin
-80.6%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | -62.03% |
| 2026-03-31 | -67.29% |
| 2025-12-31 | -35.10% |
| 2025-09-30 | -92.11% |
| 2025-06-30 | -186.08% |
| 2025-03-31 | -188.84% |
| 2024-12-31 | -148.41% |
| 2024-09-30 | -427.51% |
| 2024-06-30 | -258.40% |
| 2024-03-31 | -293.90% |
| 2023-12-31 | -86.77% |
| 2023-09-30 | -138.78% |
| 2023-06-30 | -253.09% |
| 2023-03-31 | -313.01% |
| 2022-12-31 | -209.91% |
| 2022-09-30 | -209.72% |
| 2022-06-30 | -194.27% |
| 2022-03-31 | -145.00% |
| 2021-12-31 | -75.02% |
| 2021-09-30 | -97.58% |
| 2021-06-30 | -82.58% |
| 2021-03-31 | -87.09% |
| 2020-12-31 | -48.69% |
| 2020-09-30 | -30.25% |
| 2020-06-30 | -30.92% |
| 2020-03-31 | -42.36% |
| 2019-12-31 | -16.82% |
| 2019-09-30 | -27.30% |
| 2019-06-30 | -19.45% |
| 2019-03-31 | -53.25% |
| 2018-12-31 | -21.94% |
| 2018-09-30 | -24.84% |
| 2018-06-30 | -11.87% |
| 2018-03-31 | -30.12% |
| 2017-12-31 | -1.46% |
| 2017-09-30 | -2.89% |
| 2017-06-30 | -3.40% |
| 2017-03-31 | -10.89% |
| 2016-12-31 | 1.21% |
| 2016-09-30 | -18.24% |
| 2016-06-30 | -28.00% |
| 2016-03-31 | -59.70% |
| 2015-12-31 | -27.44% |
| 2015-09-30 | -28.28% |
| 2015-06-30 | -68.40% |
| 2015-03-31 | -77.93% |
| 2014-12-31 | -113.07% |
| 2014-09-30 | -11.20% |
| 2014-06-30 | -21.17% |
| 2014-03-31 | -29.61% |
| 2013-12-31 | -15.14% |
| 2013-09-30 | -22.46% |
| 2013-06-30 | -39.06% |
| 2013-03-31 | -59.09% |
| 2012-12-31 | -134.01% |
| 2012-09-30 | -59.70% |
| 2012-06-30 | -64.17% |
| 2012-03-31 | -62.05% |
| 2011-12-31 | -25.43% |
| 2011-09-30 | -37.42% |
| 2011-06-30 | -48.30% |
| 2011-03-31 | -73.88% |
| 2010-12-31 | -45.33% |
| 2010-09-30 | -61.56% |
| 2010-06-30 | -75.31% |
| 2010-03-31 | -95.39% |
| 2009-12-31 | -70.57% |
| 2009-09-30 | -146.28% |
| 2009-06-30 | -94.62% |
| 2009-03-31 | -182.84% |
| 2008-12-31 | -62.86% |
| 2008-09-30 | -110.21% |
| 2008-06-30 | -101.58% |
| 2008-03-31 | -81.88% |
| 2007-12-31 | -86.69% |
| 2007-09-30 | -85.31% |
| 2007-06-30 | -100.26% |
| 2007-03-31 | -110.75% |
| 2006-12-31 | -64.55% |
| 2006-09-30 | -132.38% |
| 2006-06-30 | -126.13% |
| 2006-03-31 | -140.70% |
| 2005-12-31 | -95.75% |
| 2005-09-30 | -138.48% |
| 2005-06-30 | -350.59% |
| 2005-03-31 | -310.07% |
| 2004-12-31 | -189.62% |
| 2004-09-30 | -128.58% |
| 2004-06-30 | -140.53% |
| 2004-03-31 | -228.71% |
| 2003-12-31 | -129.68% |
| 2003-09-30 | -118.57% |
| 2003-06-30 | -122.97% |
| 2003-03-31 | -107.93% |
| 2002-12-31 | -172.84% |
| 2002-09-30 | -132.42% |
