Operating Margin in % of AvidXchange Holdings, Inc. from 2019 to 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
AvidXchange Holdings, Inc. quarterly/annual Operating Margin history and change rate from 2019 to 2024.
  • AvidXchange Holdings, Inc. Operating Margin for the quarter ending June 30, 2024 was -5.35 %, a 77.8% increase year-over-year.
  • AvidXchange Holdings, Inc. annual Operating Margin for 2024 was -0.59 %, a 95.9% increase from 2023.
  • AvidXchange Holdings, Inc. annual Operating Margin for 2023 was -14.1 %, a 49.1% increase from 2022.
  • AvidXchange Holdings, Inc. annual Operating Margin for 2022 was -27.6 %, a 36.9% increase from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

AvidXchange Holdings, Inc. Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q2 2024 -5.35 +18.7 +77.8% Apr 1, 2024 Jun 30, 2024
Q1 2024 -10.1 +15.2 +60% Jan 1, 2024 Mar 31, 2024
Q4 2023 -14.1 +13.6 +49.1% Oct 1, 2023 Dec 31, 2023
Q3 2023 -19.5 +22 +53% Jul 1, 2023 Sep 30, 2023
Q2 2023 -24.1 +17.9 +42.7% Apr 1, 2023 Jun 30, 2023
Q1 2023 -25.4 +17.4 +40.7% Jan 1, 2023 Mar 31, 2023
Q4 2022 -27.6 +16.2 +36.9% Oct 1, 2022 Dec 31, 2022
Q3 2022 -41.6 Jul 1, 2022 Sep 30, 2022
Q2 2022 -42 Apr 1, 2022 Jun 30, 2022
Q1 2022 -42.8 Jan 1, 2022 Mar 31, 2022
Q4 2021 -43.8 Oct 1, 2021 Dec 31, 2021

AvidXchange Holdings, Inc. Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 -0.59 +13.5 +95.9% Jan 1, 2024 Dec 31, 2024
2023 -14.1 +13.6 +49.1% Jan 1, 2023 Dec 31, 2023
2022 -27.6 +16.2 +36.9% Jan 1, 2022 Dec 31, 2022
2021 -43.8 -3.4 -8.42% Jan 1, 2021 Dec 31, 2021
2020 -40.4 +11.1 +21.6% Jan 1, 2020 Dec 31, 2020
2019 -51.5 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.