NCS Multistage Holdings (NCSM) Operating Margin (2016 - 2026)

NCS Multistage Holdings' Operating Margin history runs 11 years deep, the most recent figure standing at 1.86% for Q1 2026.

• On a quarterly basis, Operating Margin fell 672.0% year-over-year to 1.86% in Q1 2026; TTM through Mar 2026 was 3.96%, a 34.0% increase from a year earlier, with the FY2025 full-year figure at 5.74%, up 308.0% from the prior year.
• Operating Margin slipped to 1.86% in Q1 2026 per NCSM's latest filing, from 10.31% in the prior quarter.
• Across five years, Operating Margin topped out at 10.31% in Q4 2025 and bottomed at 28.08% in Q2 2023.
• The 5-year median for Operating Margin is 4.51% (2022), against an average of 0.71%.
• Across the five-year window, Operating Margin slumped 892 bps in 2023 and soared 1410 bps in 2024, its largest moves.
• Year by year, Operating Margin stood at 4.51% in 2022, then plunged by 198 bps to 4.41% in 2023, then surged by 248 bps to 6.53% in 2024, then surged by 58 bps to 10.31% in 2025, then sank by 82 bps to 1.86% in 2026.
• Per Business Quant, the three latest NCSM Operating Margin figures stand at 1.86% (Q1 2026), 10.31% (Q4 2025), and 6.58% (Q3 2025).