Co-Diagnostics, Inc. Quarterly Operating Margin in % from Q4 2018 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Co-Diagnostics, Inc. quarterly/annual Operating Margin history and growth rate from Q4 2018 to Q2 2024.
  • Co-Diagnostics, Inc. Operating Margin for the quarter ending June 30, 2024 was -424 %, a 43.4% increase year-over-year.
  • Co-Diagnostics, Inc. annual Operating Margin for 2023 was -627 %, a 695% decline from 2022.
  • Co-Diagnostics, Inc. annual Operating Margin for 2022 was -78.9 %, a 268% decline from 2021.
  • Co-Diagnostics, Inc. annual Operating Margin for 2021 was 47.1 %, a 15.9% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 -424 +325 +43.4% Apr 1, 2024 Jun 30, 2024
Q1 2024 -644 -258 -67% Jan 1, 2024 Mar 31, 2024
Q4 2023 -627 -548 -695% Oct 1, 2023 Dec 31, 2023
Q3 2023 -1.22K -1.24K -6991% Jul 1, 2023 Sep 30, 2023
Q2 2023 -748 -786 -2077% Apr 1, 2023 Jun 30, 2023
Q1 2023 -386 -431 -951% Jan 1, 2023 Mar 31, 2023
Q4 2022 -78.9 -126 -268% Oct 1, 2022 Dec 31, 2022
Q3 2022 17.8 -31.7 -64.1% Jul 1, 2022 Sep 30, 2022
Q2 2022 37.9 -14.2 -27.3% Apr 1, 2022 Jun 30, 2022
Q1 2022 45.3 -11.8 -20.7% Jan 1, 2022 Mar 31, 2022
Q4 2021 47.1 -8.87 -15.9% Oct 1, 2021 Dec 31, 2021
Q3 2021 49.5 -1.1 -2.17% Jul 1, 2021 Sep 30, 2021
Q2 2021 52.1 +11.9 +29.5% Apr 1, 2021 Jun 30, 2021
Q1 2021 57.1 +382 Jan 1, 2021 Mar 31, 2021
Q4 2020 55.9 +2.8K Oct 1, 2020 Dec 31, 2020
Q3 2020 50.6 +5.25K Jul 1, 2020 Sep 30, 2020
Q2 2020 40.2 +7.18K Apr 1, 2020 Jun 30, 2020
Q1 2020 -325 +17.8K +98.2% Jan 1, 2020 Mar 31, 2020
Q4 2019 -2.74K +12.6K +82.1% Oct 1, 2019 Dec 31, 2019
Q3 2019 -5.2K Jul 1, 2019 Sep 30, 2019
Q2 2019 -7.14K Apr 1, 2019 Jun 30, 2019
Q1 2019 -18.1K Jan 1, 2019 Mar 31, 2019
Q4 2018 -15.3K Oct 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.