Rand Capital (RAND) Operating Margin (2022 - 2026)

Rand Capital's Operating Margin history runs 5 years deep, the most recent figure standing at 48.23% for Q1 2026.

• In Q1 2026, Operating Margin fell 1238.0% year-over-year to 48.23%; the TTM figure through Mar 2026 stood at 81.78% (up 3357.0% YoY), while the FY2025 annual figure was 81.64%, up 3816.0% from the prior year.
• Operating Margin was 48.23% for Q1 2026 at Rand Capital, roughly flat from 48.21% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 153.93% in Q2 2025 to a low of 24.19% in Q2 2024.
• Historically, Operating Margin has averaged 61.32% across 5 years, with a median of 53.48% in 2023.
• The sharpest annual moves came in 2023 and 2025: Operating Margin plunged 7909 bps in 2023, then jumped 17812 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 78.59% in 2022, then slumped by 40 bps to 47.47% in 2023, then surged by 148 bps to 117.6% in 2024, then slumped by 59 bps to 48.21% in 2025, then advanced by 0 bps to 48.23% in 2026.
• The last three Operating Margin figures came in at 48.23% (Q1 2026), 48.21% (Q4 2025), and 62.26% (Q3 2025), per Business Quant data.