AvidXchange Holdings, Inc. Annual Operating Margin in % 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. annual/quarterly Operating Margin history and growth 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.