Sangoma Technologies (SANG) Operating Margin (2020 - 2026)
Sangoma Technologies (SANG) posted Operating Margin of 35.24% for Q1 2026, down 4.02% on a QoQ basis from 36.71% in Q4 2025, and up 26.0% year-over-year from 27.97% in Q1 2025.
Analysis
Sangoma Technologies (SANG) Operating Margin (2020 - 2026) Analysis & Trends
Sangoma Technologies has reported Operating Margin for 7 years, with the latest figure at 35.24% in Q1 2026.
- On a quarterly basis, Operating Margin rose 26.0% year-over-year to 35.24% in Q1 2026; TTM through Mar 2026 was 35.8%, a 164.0% increase from a year earlier, with the FY2025 full-year figure at 32.72%, up 118910.0% from the prior year.
- Operating Margin was 35.24% for Q1 2026 at Sangoma Technologies, down from 36.71% in the prior quarter.
- The five-year high for Operating Margin was 68.9% in Q4 2022, with the low at 10.51% in Q1 2022.
- Average Operating Margin over 5 years is 36.28%, with a median of 35.21% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Margin soared 6890 bps in 2022, then plunged 3498 bps in 2023.
- Over 5 years, Operating Margin stood at 68.9% in 2022, then plunged by 51 bps to 33.93% in 2023, then dropped by 2 bps to 33.41% in 2024, then advanced by 10 bps to 36.71% in 2025, then retreated by 4 bps to 35.24% in 2026.
- The last three Operating Margin figures came in at 35.24% (Q1 2026), 36.71% (Q4 2025), and 34.8% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 5.64% |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | 24.61% |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 14.88% |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 7.65% |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 0.63% |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | -2.07% |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 40.31% |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 4.79% |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | -2.36% |
| 10 | Sangoma Technologies | 128.63 Mn | 128.63 Mn | 36.36 Mn | 35.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 35.24% |
| Dec 31, 2025 | 36.71% |
| Sep 30, 2025 | 34.80% |
| Jun 30, 2025 | 36.34% |
| Mar 31, 2025 | 34.98% |
| Dec 31, 2024 | 33.41% |
| Sep 30, 2024 | 33.05% |
| Jun 30, 2024 | 35.21% |
| Mar 31, 2024 | 36.30% |
| Dec 31, 2023 | 33.93% |
| Sep 30, 2023 | 37.68% |
| Jun 30, 2023 | 35.19% |
| Mar 31, 2023 | 35.74% |
| Dec 31, 2022 | 68.90% |
| Sep 30, 2022 | 57.23% |
| Jun 30, 2022 | 21.48% |
| Mar 31, 2022 | 10.51% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 20.19% |
| Jun 30, 2021 | 19.98% |