Nephros (NEPH) Operating Margin (2010 - 2026)

Nephros' Operating Margin history runs 17 years deep, the most recent figure standing at 1.86% for Q1 2026.

• In Q1 2026, Operating Margin fell 974.0% year-over-year to 1.86%; the TTM figure through Mar 2026 stood at 3.54% (down 144.0% YoY), while the FY2025 annual figure was 6.1%, up 606.0% from the prior year.
• Operating Margin was 1.86% for Q1 2026 at Nephros, up from 0.38% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 11.61% in Q1 2025 to a low of 71.65% in Q1 2022.
• Historically, Operating Margin has averaged 11.87% across 5 years, with a median of 5.68% in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 3445 bps in 2022, then jumped 6338 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 27.09% in 2022, then grew by 26 bps to 19.94% in 2023, then jumped by 141 bps to 8.19% in 2024, then slumped by 95 bps to 0.38% in 2025, then surged by 389 bps to 1.86% in 2026.
• The last three Operating Margin figures came in at 1.86% (Q1 2026), 0.38% (Q4 2025), and 6.59% (Q3 2025), per Business Quant data.