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 -6.98% is 30% above its 5-year average of -9.91%, near the high end of its 5-year range (-1179.69%–-5.31%).
4.53% above its 12-month average of -7.31%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -6.11%.
OPERATING MARGIN
-6.98%
OPERATING MARGIN AVG TTM
-7.31%
OPERATING MARGIN AVG 3Y
-8.24%
OPERATING MARGIN AVG 5Y
-9.91%
OPERATING MARGIN AVG 10Y
-17.21%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+4.53%
CURRENT VS 3Y AVG
+15.25%
CURRENT VS 5Y AVG
+29.59%
CURRENT VS 10Y AVG
+59.45%
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
-146.85%
vs the sector median at left
Teladoc Health, Inc.
Market Cap
$1.15B
Operating Margin
-6.98%
TTM Avg
-7.31%
3Y Avg
-8.24%
5Y Avg
-9.91%
Market Cap
$365.20M
Operating Margin
-58.53%
TTM Avg
-50.96%
3Y Avg
-52.76%
5Y Avg
-52.76%
Market Cap
$1.99B
Operating Margin
11.69%
TTM Avg
-8.16%
3Y Avg
-10.59%
5Y Avg
-4.68%
Market Cap
$50.89M
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$3.04B
Operating Margin
12.21%
TTM Avg
13.21%
3Y Avg
-4.78%
5Y Avg
-42.05%
Market Cap
$4.96B
Operating Margin
29.60%
TTM Avg
36.63%
3Y Avg
34.40%
5Y Avg
32.73%
Market Cap
$5.21B
Operating Margin
12.75%
TTM Avg
11.82%
3Y Avg
10.28%
5Y Avg
7.77%
Market Cap
$6.13B
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
-101.20%
5Y Avg
-276.55%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teladoc Health, Inc. (TDOC) | $1.15B | -6.98% | -7.31% | -8.24% | -9.91% |
| NRC Health (NRC)vs › | $492.65M | 10.53% | 20.52% | 24.67% | 27.45% |
| Shoulder Innovations, Inc. (SI)vs › | $365.20M | -58.53% | -50.96% | -52.76% | -52.76% |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.99B | 11.69% | -8.16% | -10.59% | -4.68% |
| PDS Biotechnology Corporation (PDSB)vs › | $50.89M | 0.00% | 0.00% | 0.00% | 0.00% |
| TransMedics Group, Inc. (TMDX)vs › | $3.04B | 12.21% | 13.21% | -4.78% | -42.05% |
| Doximity, Inc. (DOCS)vs › | $4.96B | 29.60% | 36.63% | 34.40% | 32.73% |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.21B | 12.75% | 11.82% | 10.28% | 7.77% |
| Scholar Rock Holding Corporation (SRRK)vs › | $6.13B | 0.00% | 0.00% | -101.20% | -276.55% |
| Chemed Corporation (CHE)vs › | $6.49B | 13.46% | 14.22% | 14.89% | 15.72% |
Gross Margin
73.5%
Operating Margin
-7.0%
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 | -6.11% |
| 2026-03-31 | -7.94% |
| 2025-12-31 | -5.60% |
| 2025-09-30 | -8.29% |
| 2025-06-30 | -8.61% |
| 2025-03-31 | -19.16% |
| 2024-12-31 | -7.53% |
| 2024-09-30 | -6.93% |
| 2024-06-30 | -130.93% |
| 2024-03-31 | -13.48% |
| 2023-12-31 | -5.31% |
| 2023-09-30 | -9.80% |
| 2023-06-30 | -10.98% |
| 2023-03-31 | -12.25% |
| 2022-12-31 | -598.32% |
| 2022-09-30 | -11.73% |
| 2022-06-30 | -522.73% |
| 2022-03-31 | -1179.69% |
| 2021-12-31 | -7.47% |
| 2021-09-30 | -11.61% |
| 2021-06-30 | -15.69% |
| 2021-03-31 | -18.66% |
| 2020-12-31 | -119.61% |
| 2020-09-30 | -6.83% |
| 2020-06-30 | -2.98% |
| 2020-03-31 | -11.62% |
| 2019-12-31 | -9.96% |
| 2019-09-30 | -14.46% |
| 2019-06-30 | -16.90% |
| 2019-03-31 | -17.80% |
| 2018-12-31 | -14.53% |
| 2018-09-30 | -14.22% |
| 2018-06-30 | -19.19% |
| 2018-03-31 | -21.30% |
| 2017-12-31 | -31.84% |
| 2017-09-30 | -31.38% |
| 2017-06-30 | -32.50% |
| 2017-03-31 | -34.51% |
| 2016-12-31 | -35.37% |
| 2016-09-30 | -62.56% |
| 2016-06-30 | -54.60% |
| 2016-03-31 | -54.73% |
| 2015-12-31 | -63.37% |
| 2015-09-30 | -63.06% |
| 2015-06-30 | -88.89% |
| 2015-03-31 | -76.38% |
| 2014-12-31 | -48.33% |
| 2014-09-30 | -35.37% |
| 2014-06-30 | -27.78% |
| 2014-03-31 | -23.26% |
