AvidXchange Holdings, Inc. Annual Operating Margin in % from 2019 to 2023

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 2019 to 2023.
  • 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
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.