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 -35.00% is 505% below its 5-year average of -5.78%, near the high end of its 5-year range (-651.82%–44.87%).
75.26% above its 12-month average of -141.45%.
Reported quarterly operating margin; no daily interpolation. Q3 FY2026 (2026-06-30): -651.82%.
OPERATING MARGIN
-35.00%
OPERATING MARGIN AVG TTM
-141.45%
OPERATING MARGIN AVG 3Y
-9.60%
OPERATING MARGIN AVG 5Y
-5.78%
OPERATING MARGIN AVG 10Y
-4.12%
OPERATING MARGIN AVG 15Y
-3.87%
OPERATING MARGIN AVG 20Y
-5.03%
CURRENT VS TTM AVG
+75.26%
CURRENT VS 3Y AVG
-264.43%
CURRENT VS 5Y AVG
-505.27%
CURRENT VS 10Y AVG
-749.67%
CURRENT VS 15Y AVG
-803.48%
CURRENT VS 20Y AVG
-595.22%
SECTOR MEDIAN · FINANCIAL SERVICES
17.92%
median of 409 covered companies
CURRENT VS SECTOR MEDIAN
-295.31%
vs the sector median at left
Forward Industries, Inc.
Market Cap
$598.14M
Operating Margin
-35.00%
TTM Avg
-141.45%
3Y Avg
-9.60%
5Y Avg
-5.78%
Market Cap
$596.62M
Operating Margin
N/A
TTM Avg
-317.88%
3Y Avg
-805.85%
5Y Avg
-866.17%
Market Cap
$590.70M
Operating Margin
22.51%
TTM Avg
20.57%
3Y Avg
24.16%
5Y Avg
24.99%
Market Cap
$584.49M
Operating Margin
32.12%
TTM Avg
29.10%
3Y Avg
29.51%
5Y Avg
33.70%
Market Cap
$582.80M
Operating Margin
-358.60%
TTM Avg
-237.62%
3Y Avg
-264.25%
5Y Avg
-264.25%
Market Cap
$617.85M
Operating Margin
16.19%
TTM Avg
19.79%
3Y Avg
24.58%
5Y Avg
29.63%
Market Cap
$618.83M
Operating Margin
315.85%
TTM Avg
194.26%
3Y Avg
136.11%
5Y Avg
119.24%
Market Cap
$618.84M
Operating Margin
35.75%
TTM Avg
23.77%
3Y Avg
27.98%
5Y Avg
41.30%
Market Cap
$624.44M
Operating Margin
11.35%
TTM Avg
9.60%
3Y Avg
13.49%
5Y Avg
18.93%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Forward Industries, Inc. (FWDI) | $598.14M | -35.00% | -141.45% | -9.60% | -5.78% |
| Chaince Digital Holdings Inc. (CD)vs › | $596.62M | N/A | -317.88% | -805.85% | -866.17% |
| First Business Financial Services, Inc. (FBIZ)vs › | $590.70M | 22.51% | 20.57% | 24.16% | 24.99% |
| Greene County Bancorp, Inc. (GCBC)vs › | $584.49M | 32.12% | 29.10% | 29.51% | 33.70% |
| Gemini Space Station, Inc. (GEMI)vs › | $582.80M | -358.60% | -237.62% | -264.25% | -264.25% |
| Arrow Financial Corporation (AROW)vs › | $617.85M | 16.19% | 19.79% | 24.58% | 29.63% |
| Gladstone Investment Corp. (GAIN)vs › | $618.83M | 315.85% | 194.26% | 136.11% | 119.24% |
| Hingham Institution for Savings (HIFS)vs › | $618.84M | 35.75% | 23.77% | 27.98% | 41.30% |
| Coastal Financial Corporation (CCB)vs › | $624.44M | 11.35% | 9.60% | 13.49% | 18.93% |
| Bridgewater Bancshares, Inc. (BWB)vs › | $569.67M | 13.20% | 19.04% | 25.89% | 29.84% |
Operating Margin
-35.0%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | -651.82% |
| 2026-03-31 | 18.83% |
| 2025-12-31 | 44.87% |
| 2025-09-30 | -16.51% |
| 2025-06-30 | -102.61% |
| 2025-03-31 | -58.33% |
| 2024-12-31 | -14.55% |
| 2024-09-30 | -8.61% |
| 2024-06-30 | -4.84% |
| 2024-03-31 | -12.24% |
| 2023-12-31 | -5.32% |
| 2023-09-30 | 39.12% |
| 2023-06-30 | -5.15% |
| 2023-03-31 | -7.92% |
| 2022-12-31 | -1.31% |
| 2022-09-30 | -7.59% |
| 2022-06-30 | -3.64% |
| 2022-03-31 | -3.13% |
| 2021-12-31 | 1.84% |
| 2021-09-30 | -0.45% |
| 2021-06-30 | 2.69% |
| 2021-03-31 | -9.72% |
| 2020-12-31 | -1.72% |
| 2020-09-30 | -1.30% |
| 2020-06-30 | -1.83% |
| 2020-03-31 | -21.01% |
| 2019-12-31 | -0.35% |
| 2019-09-30 | -16.32% |
| 2019-06-30 | -0.50% |
| 2019-03-31 | -13.15% |
| 2018-12-31 | -4.72% |
| 2018-09-30 | 1.96% |
| 2018-06-30 | -2.21% |
| 2018-03-31 | 2.57% |
| 2017-12-31 | 0.81% |
| 2017-09-30 | 2.19% |
| 2017-06-30 | 7.49% |
| 2017-03-31 | -5.23% |
| 2016-12-31 | 2.25% |
| 2016-09-30 | 2.09% |
| 2016-06-30 | 1.27% |
| 2016-03-31 | 2.07% |
| 2015-12-31 | 3.47% |
| 2015-09-30 | 3.49% |
| 2015-06-30 | 6.83% |
| 2015-03-31 | -9.40% |
| 2014-12-31 | -20.02% |
| 2014-09-30 | -4.02% |
| 2014-06-30 | 0.35% |
| 2014-03-31 | -1.99% |
| 2013-12-31 | 4.42% |
| 2013-09-30 | 1.03% |
| 2013-06-30 | 5.51% |
| 2013-03-31 | 2.65% |
| 2012-12-31 | -0.74% |
| 2012-09-30 | -16.86% |
| 2012-06-30 | -8.00% |
| 2012-03-31 | -21.95% |
| 2011-12-31 | -22.06% |
| 2011-09-30 | -29.36% |
| 2011-06-30 | -12.50% |
| 2011-03-31 | -12.16% |
| 2010-12-31 | 0.39% |
| 2010-09-30 | -24.30% |
| 2010-06-30 | 0.48% |
| 2010-03-31 | -2.06% |
| 2009-12-31 | -4.71% |
| 2009-09-30 | -2.98% |
| 2009-06-30 | -3.07% |
| 2009-03-31 | -16.75% |
| 2008-12-31 | -7.50% |
| 2008-09-30 | -3.77% |
| 2008-06-30 | -2.93% |
| 2008-03-31 | -15.38% |
| 2007-12-31 | -12.05% |
| 2007-09-30 | -25.44% |
| 2007-06-30 | -13.79% |
| 2007-03-31 | -4.93% |
| 2006-12-31 | 2.83% |
| 2006-09-30 | 5.54% |
| 2006-06-30 | 2.38% |
| 2006-03-31 | -1.15% |
| 2005-12-31 | 13.53% |
| 2005-09-30 | 24.25% |
| 2005-06-30 | 25.09% |
| 2005-03-31 | 24.74% |
| 2004-12-31 | 19.69% |
| 2004-09-30 | 10.39% |
| 2004-06-30 | 7.25% |
| 2004-03-31 | 11.16% |
| 2003-12-31 | 3.77% |
| 2003-09-30 | 6.66% |
| 2003-06-30 | 3.49% |
| 2003-03-31 | 3.14% |
| 2002-12-31 | 9.59% |
| 2002-09-30 | 5.78% |
