Cyanotech (CYAN) Operating Margin (2009 - 2025)
Cyanotech (CYAN) reported Operating Margin of 2.72% for fiscal Q2 2026 (quarter ended Sep 30, 2025), up 19.40 percentage points from -16.68% a year earlier and up 15.66 percentage points from the prior quarter.
Cyanotech (CYAN) Operating Margin (2009 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Cyanotech's Operating Margin came in at -4.18%, up 16.29 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it was -10.36%, up 9.55 percentage points from FY2024.
- Operating Margin has a five-year change of -13.66 percentage points (FY2020 to FY2025).
- By fiscal year, Operating Margin came in at -19.90% in FY2024 (-7.31 pp), -12.60% in FY2023 (-19.75 pp), 7.16% in FY2022 (+6.90 pp) and 0.26% in FY2021 (-3.04 pp).
- The fiscal Q2 2026 figure ranks as the highest quarterly Operating Margin since fiscal Q4 2022.
- Year over year, Operating Margin has now increased in each of the last four quarters, with an average year-over-year change of +5.69 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was fiscal Q4 2025 (a gain of 24.86 percentage points); the low point was fiscal Q4 2023 (a drop of 27.74 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -12.94% (Q1 2026), -7.02% (Q4 2025) and -0.81% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.72% |
| Jun 30, 2025 | -12.94% |
| Mar 31, 2025 | -7.02% |
| Dec 31, 2024 | -0.81% |
| Sep 30, 2024 | -16.68% |
| Jun 30, 2024 | -17.65% |
| Mar 31, 2024 | -31.88% |
| Dec 31, 2023 | -15.19% |
| Sep 30, 2023 | -9.92% |
| Jun 30, 2023 | -23.49% |
| Mar 31, 2023 | -23.26% |
| Dec 31, 2022 | -6.86% |
| Sep 30, 2022 | -16.16% |
| Jun 30, 2022 | -6.33% |
| Mar 31, 2022 | 4.48% |
| Dec 31, 2021 | 5.37% |
| Sep 30, 2021 | 11.49% |
| Jun 30, 2021 | 6.91% |
| Mar 31, 2021 | -0.26% |
| Dec 31, 2020 | -6.31% |
Cyanotech 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=CYAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CYAN", "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=CYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();