Burning Rock Biotech (BNR) Operating Margin (2019 - 2026)
Burning Rock Biotech's Operating Margin was -13.36% in the quarter ended Jun 30, 2026, down 5.62 percentage points from -7.74% a year earlier but up 4.10 percentage points from the prior quarter.
Burning Rock Biotech (BNR) Operating Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Burning Rock Biotech's Operating Margin was -13.00% through Jun 30, 2026, up 14.35 percentage points year-over-year; for the year ended Dec 31, 2025, it was -10.17%, up 59.15 percentage points from the prior year.
- Operating Margin has now increased for three consecutive years, with a five-year change of +85.77 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Operating Margin was -69.32% in the year ended Dec 31, 2024 (+55.22 pp), -124.54% in the year ended Dec 31, 2023 (+49.52 pp), -174.07% in the year ended Dec 31, 2022 (-17.12 pp) and -156.95% in the year ended Dec 31, 2021 (-61.02 pp).
- Quarterly Operating Margin has moved between -202.90% (the quarter ended Jun 30, 2022) and -7.74% (the quarter ended Jun 30, 2025) over five years.
- Compared with a year earlier, Operating Margin was higher in six of the last eight quarters, with an average year-over-year change of +50.89 percentage points.
- The best year-over-year quarter for Operating Margin over five years was the quarter ended Sep 30, 2024 (a gain of 110.16 percentage points); the worst was the quarter ended Dec 31, 2021 (a drop of 53.16 percentage points).
- Per Business Quant data, BNR's Operating Margin in the three quarters before the quarter ended Jun 30, 2026 was -17.46% (quarter ended Mar 31, 2026), -9.53% (quarter ended Dec 31, 2025) and -12.26% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -10.07% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 12.10% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -38.55% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 26.67% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -19.85% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 16.29% |
| 10 | Burning Rock Biotech | 185.44 Mn | -72.71 Mn | 14.42 Mn | -13.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.36% |
| Mar 31, 2026 | -17.46% |
| Dec 31, 2025 | -9.53% |
| Sep 30, 2025 | -12.26% |
| Jun 30, 2025 | -7.74% |
| Mar 31, 2025 | -11.41% |
| Dec 31, 2024 | -65.01% |
| Sep 30, 2024 | -30.00% |
| Jun 30, 2024 | -82.06% |
| Mar 31, 2024 | -100.16% |
| Dec 31, 2023 | -137.37% |
| Sep 30, 2023 | -140.16% |
| Jun 30, 2023 | -92.79% |
| Mar 31, 2023 | -132.24% |
| Dec 31, 2022 | -152.88% |
| Sep 30, 2022 | -151.74% |
| Jun 30, 2022 | -202.90% |
| Mar 31, 2022 | -193.95% |
| Dec 31, 2021 | -171.11% |
| Sep 30, 2021 | -135.09% |
Burning Rock Biotech Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();