Latch (LTCH) Operating Margin (2020 - 2026)
Latch's Operating Margin came in at -46.20% for Q2 2026, down 6.40 percentage points from -39.80% a year earlier and down 10.89 percentage points from the prior quarter.
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Analysis
Latch (LTCH) Operating Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Latch reported Operating Margin of -70.37%, down 0.84 percentage points year-over-year; for FY2025, it came in at -75.19%, up 29.73 percentage points from FY2024.
- Operating Margin has increased in each of the last four years, with a five-year change of +410.77 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -104.92% in FY2024 (+140.34 pp), -245.25% in FY2023 (+139.43 pp), -384.69% in FY2022 (+156.68 pp) and -541.36% in FY2021 (-55.41 pp).
- The five-year range for quarterly Operating Margin is -671.20% (Q4 2021) to -35.31% (Q1 2026).
- Year-over-year, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of +49.91 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 400.51 percentage points), and the weakest in Q3 2021 (a drop of 188.20 percentage points).
- Business Quant data shows LTCH's Operating Margin at -35.31% (Q1 2026), -155.56% (Q4 2025) and -36.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.40 Bn | 24.65 Bn | 695.95 Mn | 29.64% |
| 3 | Samsara | 26.20 Bn | 22.97 Bn | 392.58 Mn | 0.96% |
| 4 | Ptc | 22.24 Bn | 21.06 Bn | 490.47 Mn | 27.75% |
| 5 | Toast | 18.79 Bn | 11.46 Bn | 516.00 Mn | 7.97% |
| 6 | Trimble | 14.79 Bn | 13.85 Bn | 674.90 Mn | 13.58% |
| 7 | Manhattan Associates | 13.95 Bn | 12.94 Bn | 168.33 Mn | 22.24% |
| 8 | Costar | 13.71 Bn | 7.66 Bn | 728.00 Mn | 8.22% |
| 9 | Bentley Systems | 12.37 Bn | 11.82 Bn | 336.74 Mn | 21.57% |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn | -46.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -46.20% |
| Mar 31, 2026 | -35.31% |
| Dec 31, 2025 | -155.56% |
| Sep 30, 2025 | -36.30% |
| Jun 30, 2025 | -39.80% |
| Mar 31, 2025 | -69.89% |
| Dec 31, 2024 | -61.25% |
| Sep 30, 2024 | -116.35% |
| Jun 30, 2024 | -137.58% |
| Mar 31, 2024 | -116.25% |
| Dec 31, 2023 | -123.08% |
| Sep 30, 2023 | -295.75% |
| Jun 30, 2023 | -308.03% |
| Mar 31, 2023 | -297.10% |
| Dec 31, 2022 | -270.69% |
| Sep 30, 2022 | -367.10% |
| Jun 30, 2022 | -513.79% |
| Mar 31, 2022 | -392.76% |
| Dec 31, 2021 | -671.20% |
| Sep 30, 2021 | -491.18% |
API Access
Latch 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=LTCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();