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 -31.98% is 57% above its 5-year average of -73.84%, near the high end of its 5-year range (-1739.45%–-6.75%).
1.30% below its 12-month average of -31.57%.
Reported quarterly operating margin; no daily interpolation. Q1 FY2027 (2026-06-30): -27.24%.
OPERATING MARGIN
-31.98%
OPERATING MARGIN AVG TTM
-31.57%
OPERATING MARGIN AVG 3Y
-39.33%
OPERATING MARGIN AVG 5Y
-73.84%
OPERATING MARGIN AVG 10Y
-115.85%
OPERATING MARGIN AVG 15Y
-203.00%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.30%
CURRENT VS 3Y AVG
+18.68%
CURRENT VS 5Y AVG
+56.69%
CURRENT VS 10Y AVG
+72.39%
CURRENT VS 15Y AVG
+84.25%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.00%
median of 598 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
Canopy Growth Corporation
Market Cap
$370.48M
Operating Margin
-31.98%
TTM Avg
-31.57%
3Y Avg
-39.33%
5Y Avg
-73.84%
Market Cap
$376.63M
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
-104.57%
5Y Avg
-176.82%
Market Cap
$379.73M
Operating Margin
-111.51%
TTM Avg
-90.32%
3Y Avg
-56.08%
5Y Avg
-435.91%
Market Cap
$380.23M
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$355.36M
Operating Margin
-14.22%
TTM Avg
-4.51%
3Y Avg
-387.94%
5Y Avg
-2012.06%
Market Cap
$352.99M
Operating Margin
24.85%
TTM Avg
23.00%
3Y Avg
24.99%
5Y Avg
31.17%
Market Cap
$349.81M
Operating Margin
-130.65%
TTM Avg
-155.28%
3Y Avg
-156.88%
5Y Avg
-129.07%
Market Cap
$348.84M
Operating Margin
-271.90%
TTM Avg
-418.31%
3Y Avg
-211.58%
5Y Avg
-783.53%
Market Cap
$341.25M
Operating Margin
0.00%
TTM Avg
-13402.79%
3Y Avg
-7027.62%
5Y Avg
-5128.57%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canopy Growth Corporation (CGC) | $370.48M | -31.98% | -31.57% | -39.33% | -73.84% |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $376.63M | 0.00% | 0.00% | -104.57% | -176.82% |
| Arcturus Therapeutics Holdings Inc. (ARCT)vs › | $379.73M | -111.51% | -90.32% | -56.08% | -435.91% |
| MapLight Therapeutics, Inc. (MPLT)vs › | $380.23M | 0.00% | 0.00% | 0.00% | 0.00% |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $355.36M | -14.22% | -4.51% | -387.94% | -2012.06% |
| Embecta Corp. (EMBC)vs › | $352.99M | 24.85% | 23.00% | 24.99% | 31.17% |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $349.81M | -130.65% | -155.28% | -156.88% | -129.07% |
| Opus Genetics, Inc. (IRD)vs › | $348.84M | -271.90% | -418.31% | -211.58% | -783.53% |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $341.25M | 0.00% | -13402.79% | -7027.62% | -5128.57% |
| Neurogene Inc. (NGNE)vs › | $404.38M | 0.00% | -4465.14% | -2232.57% | -1488.38% |
Gross Margin
25.5%
Operating Margin
-32.0%
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 | -27.24% |
| 2026-03-31 | -38.56% |
| 2025-12-31 | -35.35% |
| 2025-09-30 | -25.33% |
| 2025-06-30 | -31.36% |
| 2025-03-31 | -6.75% |
| 2024-12-31 | -31.86% |
| 2024-09-30 | -72.94% |
| 2024-06-30 | -43.96% |
| 2024-03-31 | -146.64% |
| 2023-12-31 | -76.83% |
| 2023-09-30 | -10.07% |
| 2023-06-30 | -71.67% |
| 2023-03-31 | -923.11% |
| 2022-12-31 | -132.81% |
| 2022-09-30 | -169.63% |
| 2022-06-30 | -1739.45% |
| 2022-03-31 | -473.87% |
| 2021-12-31 | -106.38% |
| 2021-09-30 | -163.93% |
| 2021-06-30 | -137.81% |
| 2021-03-31 | -157.10% |
| 2020-12-31 | -362.96% |
| 2020-09-30 | -210.15% |
| 2020-06-30 | -156.12% |
| 2020-03-31 | -1027.22% |
| 2019-12-31 | -155.44% |
| 2019-09-30 | -361.27% |
| 2019-06-30 | -223.59% |
| 2019-03-31 | -185.50% |
| 2018-12-31 | -189.34% |
| 2018-09-30 | -920.08% |
| 2018-06-30 | -232.03% |
| 2018-03-31 | -223.77% |
| 2017-12-31 | -119.96% |
| 2017-09-30 | -5.56% |
| 2017-06-30 | -26.71% |
| 2017-03-31 | -150.04% |
| 2016-12-31 | 48.74% |
| 2016-09-30 | -71.98% |
| 2016-06-30 | -58.52% |
| 2016-03-31 | -99.11% |
| 2015-12-31 | -77.65% |
| 2015-09-30 | 160.61% |
| 2015-06-30 | 58.05% |
| 2015-03-31 | -42.46% |
| 2014-12-31 | -413.94% |
| 2014-09-30 | -765.10% |
| 2014-06-30 | -621.21% |
| 2014-03-31 | 0.00% |
| 2014-01-31 | -58745.83% |
| 2013-10-31 | -729.09% |
| 2013-07-31 | -3783.37% |
| 2013-04-30 | -509.64% |
| 2013-01-31 | -1192.60% |
| 2012-10-31 | -1770.85% |
| 2012-07-31 | 0.00% |
| 2012-04-30 | -656.30% |
| 2012-01-31 | -758.14% |
| 2011-10-31 | -193.10% |
| 2011-07-31 | -30.23% |
| 2011-04-30 | -625.35% |
| 2011-01-31 | -891.78% |
| 2010-10-31 | -232.56% |
| 2010-07-31 | -25.14% |
| 2010-04-30 | 0.00% |
| 2010-01-31 | 0.00% |