AvidXchange Holdings, Inc. Quarterly Operating Margin in % from Q4 2021 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
AvidXchange Holdings, Inc. quarterly/annual Operating Margin history and growth rate from Q4 2021 to Q2 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 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.
  • AvidXchange Holdings, Inc. annual Operating Margin for 2021 was -43.8 %, a 8.42% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
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
* An asterisk sign (*) next to the value indicates that the value is likely invalid.