Clearone (CLRO) Operating Margin (2010 - 2024)
Clearone's Operating Margin was -126.91% in Q2 2024, down 102.20 percentage points from -24.71% a year earlier and down 69.54 percentage points from the prior quarter.
Clearone (CLRO) Operating Margin (2010 - 2024) Analysis & Trends
For FY2023, Operating Margin at Clearone came in at -36.21%, down 7.55 percentage points from FY2022.
- Operating Margin has now declined for three consecutive years, though with a five-year change of +0.47 percentage points (FY2018 to FY2023).
- In earlier years, Operating Margin was -28.65% in FY2022 (-2.78 pp), -25.87% in FY2021 (-6.72 pp), -19.15% in FY2020 (+15.04 pp) and -34.19% in FY2019 (+2.49 pp).
- The Q2 2024 figure marks the lowest quarterly Operating Margin since Q3 2017.
- Compared with a year earlier, Operating Margin was higher in two of the last eight quarters, with an average year-over-year change of -18.32 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2023 (a gain of 22.55 percentage points); the worst was Q2 2024 (a drop of 102.20 percentage points).
- Per Business Quant data, CLRO's Operating Margin in the three quarters before Q2 2024 was -57.37% (Q1 2024), -41.86% (Q4 2023) and -30.46% (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 34.82% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 11.93% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 5.64% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 29.28% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 24.61% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -31.69% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 26.10% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 14.88% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 7.65% |
| 10 | Clearone | 13.64 Mn | 13.64 Mn | -70,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -126.91% |
| Mar 31, 2024 | -57.37% |
| Dec 31, 2023 | -41.86% |
| Sep 30, 2023 | -30.46% |
| Jun 30, 2023 | -24.71% |
| Mar 31, 2023 | -52.39% |
| Dec 31, 2022 | -64.41% |
| Sep 30, 2022 | -18.04% |
| Jun 30, 2022 | -22.36% |
| Mar 31, 2022 | -24.56% |
| Dec 31, 2021 | -34.38% |
| Sep 30, 2021 | -28.73% |
| Jun 30, 2021 | -19.21% |
| Mar 31, 2021 | -21.65% |
| Dec 31, 2020 | -9.54% |
| Sep 30, 2020 | -13.79% |
| Jun 30, 2020 | -28.93% |
| Mar 31, 2020 | -30.54% |
| Dec 31, 2019 | -31.13% |
| Sep 30, 2019 | -35.01% |
Clearone 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=CLRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CLRO", "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=CLRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();