Latch (LTCH) Net Margin (2020 - 2026)
Latch (LTCH) posted Net Margin of -44.19% for Q2 2026, down 3.00 percentage points from -41.19% a year earlier and down 6.37 percentage points from the prior quarter.
Latch (LTCH) Net Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Latch was -71.29%, down 1.93 percentage points year-over-year; for FY2025, it came in at -76.65%, up 25.05 percentage points from FY2024.
- Annual Net Margin has increased for four consecutive years, with a five-year change of +442.18 percentage points (FY2020 to FY2025).
- In prior years, Latch's Net Margin was -101.71% in FY2024 (+137.48 pp), -239.19% in FY2023 (+138.74 pp), -377.92% in FY2022 (+227.40 pp) and -605.32% in FY2021 (-86.48 pp).
- Quarterly Net Margin has run from a low of -593.27% in Q4 2021 to a high of -37.77% in Q3 2025 over five years.
- On a year-over-year basis, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +45.91 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2022, with a gain of 429.68 percentage points; the weakest was Q3 2021, with a drop of 177.07 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -37.82% (Q1 2026), -157.13% (Q4 2025) and -37.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.51 Bn | 24.75 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 26.18 Bn | 22.95 Bn | 392.58 Mn | 3.19% |
| 4 | Ptc | 22.25 Bn | 21.06 Bn | 490.47 Mn | 19.80% |
| 5 | Toast | 18.86 Bn | 11.53 Bn | 516.00 Mn | 8.07% |
| 6 | Trimble | 14.85 Bn | 13.91 Bn | 674.90 Mn | -48.53% |
| 7 | Manhattan Associates | 14.03 Bn | 13.03 Bn | 168.33 Mn | 16.91% |
| 8 | Costar | 13.93 Bn | 7.88 Bn | 728.00 Mn | 5.95% |
| 9 | Bentley Systems | 12.41 Bn | 11.87 Bn | 336.74 Mn | 19.13% |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn | -44.19% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -44.19% |
| Mar 31, 2026 | -37.82% |
| Dec 31, 2025 | -157.13% |
| Sep 30, 2025 | -37.77% |
| Jun 30, 2025 | -41.19% |
| Mar 31, 2025 | -71.32% |
| Dec 31, 2024 | -59.63% |
| Sep 30, 2024 | -114.14% |
| Jun 30, 2024 | -130.91% |
| Mar 31, 2024 | -113.31% |
| Dec 31, 2023 | -117.92% |
| Sep 30, 2023 | -282.00% |
| Jun 30, 2023 | -303.36% |
| Mar 31, 2023 | -295.28% |
| Dec 31, 2022 | -271.01% |
| Sep 30, 2022 | -393.81% |
| Jun 30, 2022 | -525.09% |
| Mar 31, 2022 | -345.47% |
| Dec 31, 2021 | -593.27% |
| Sep 30, 2021 | -488.32% |
Latch Net 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=net-margin&ticker=LTCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "LTCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();