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 -58.53% is 13% below its 3-year average of -51.86%, around the middle of its 3-year range (-81.19%–-35.21%).
1.14% below its 12-month average of -57.87%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -58.43%.
OPERATING MARGIN
-58.53%
OPERATING MARGIN AVG TTM
-57.87%
OPERATING MARGIN AVG 3Y
-51.49%
OPERATING MARGIN AVG 5Y
N/A
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.14%
CURRENT VS 3Y AVG
-13.67%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
14.90%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-492.82%
vs the sector median at left
Shoulder Innovations, Inc.
Market Cap
$376.61M
Operating Margin
-58.53%
TTM Avg
-57.87%
3Y Avg
-51.49%
5Y Avg
N/A
Market Cap
$45.05M
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$1.14B
Operating Margin
-6.98%
TTM Avg
-25.06%
3Y Avg
-156.73%
5Y Avg
-114.38%
Market Cap
$1.91B
Operating Margin
11.69%
TTM Avg
-8.16%
3Y Avg
-10.59%
5Y Avg
-4.68%
Market Cap
$2.99B
Operating Margin
12.21%
TTM Avg
13.21%
3Y Avg
-4.78%
5Y Avg
-42.05%
Market Cap
$5.10B
Operating Margin
12.75%
TTM Avg
11.82%
3Y Avg
10.28%
5Y Avg
7.77%
Market Cap
$5.59B
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
-101.20%
5Y Avg
-276.55%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoulder Innovations, Inc. (SI) | $376.61M | -58.53% | -57.87% | -51.49% | N/A |
| NRC Health (NRC)vs › | $463.35M | 10.53% | 20.52% | 24.67% | 27.45% |
| PDS Biotechnology Corporation (PDSB)vs › | $45.05M | 0.00% | 0.00% | 0.00% | 0.00% |
| Teladoc Health, Inc. (TDOC)vs › | $1.14B | -6.98% | -25.06% | -156.73% | -114.38% |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.91B | 11.69% | -8.16% | -10.59% | -4.68% |
| TransMedics Group, Inc. (TMDX)vs › | $2.99B | 12.21% | 13.21% | -4.78% | -42.05% |
| Doximity, Inc. (DOCS)vs › | $4.88B | 29.60% | 36.63% | 34.40% | 32.73% |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 12.75% | 11.82% | 10.28% | 7.77% |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.59B | 0.00% | 0.00% | -101.20% | -276.55% |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | 4.50% | 4.35% | -1.93% | -10.04% |
Gross Margin
77.3%
Operating Margin
-58.5%
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 | -58.43% |
| 2026-03-31 | -53.72% |
| 2025-12-31 | -58.96% |
| 2025-09-30 | -65.00% |
| 2025-06-30 | -53.23% |
| 2025-03-31 | -42.38% |
| 2024-12-31 | -40.53% |
| 2024-09-30 | -52.08% |
| 2024-06-30 | -48.18% |
| 2024-03-31 | -45.32% |
| 2023-12-31 | -35.21% |
| 2023-09-30 | -81.19% |
| 2023-06-30 | -64.87% |
| 2023-03-31 | -56.30% |