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Eventbrite (Eventbrite) Operating Margin % : -8.78% (As of Mar. 2024)


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What is Eventbrite Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Eventbrite's Operating Income for the three months ended in Mar. 2024 was $-7.6 Mil. Eventbrite's Revenue for the three months ended in Mar. 2024 was $86.3 Mil. Therefore, Eventbrite's Operating Margin % for the quarter that ended in Mar. 2024 was -8.78%.

Good Sign:

Eventbrite Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Eventbrite's Operating Margin % or its related term are showing as below:

EB' s Operating Margin % Range Over the Past 10 Years
Min: -187.05   Med: -19.66   Max: -10.43
Current: -10.43


EB's Operating Margin % is ranked worse than
70.1% of 2759 companies
in the Software industry
Industry Median: 3.29 vs EB: -10.43

Eventbrite's 5-Year Average Operating Margin % Growth Rate was 6.70% per year.

Eventbrite's Operating Income for the three months ended in Mar. 2024 was $-7.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-34.9 Mil.


Eventbrite Operating Margin % Historical Data

The historical data trend for Eventbrite's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eventbrite Operating Margin % Chart

Eventbrite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial -21.40 -187.05 -36.22 -17.91 -12.61

Eventbrite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.74 -8.47 -14.18 -10.33 -8.78

Competitive Comparison of Eventbrite's Operating Margin %

For the Software - Application subindustry, Eventbrite's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eventbrite's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Eventbrite's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Eventbrite's Operating Margin % falls into.



Eventbrite Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Eventbrite's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-41.133 / 326.134
=-12.61 %

Eventbrite's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-7.57 / 86.252
=-8.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eventbrite  (NYSE:EB) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Eventbrite Operating Margin % Related Terms

Thank you for viewing the detailed overview of Eventbrite's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eventbrite (Eventbrite) Business Description

Traded in Other Exchanges
Address
535 Mission Street, 8th Floor, San Francisco, CA, USA, 94105
Eventbrite Inc is a United States based self-service ticketing and experience technology platform that serves event creators. It is engaged in creating a platform to enable creators to solve many challenges associated with creating live experiences. The Company's platform integrates components needed to seamlessly plan, promote and produce live events. Its platform helps to plan, promote and produce live events, thereby allowing creators to reduce friction and costs, increase reach and drive ticket sales. Geographically, it generates maximum revenue from the United States.
Executives
Charles Baker officer: Chief Financial Officer C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Vivek Sagi officer: Chief Technology Officer C/O EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Pilar Manchon director C/O EVENTBRITE, INC., 95 THIRD STREET, 2ND FLOOR, SAN FRANCISCO CA 94103
Julia D. Taylor officer: General Counsel C/O EVENTBRITE, INC., 535 MISSION STREET, 8TH FLOOR, SAN FRANCISCO CA 94105
Ted Dworkin officer: Chief Product Officer C/O EVENTBRITE, INC., 535 MISSION STREET, 8TH FLOOR, SAN FRANCISCO CA 94105
April Underwood director C/O ZILLOW GROUP, INC., 1301 2ND AVE, FLOOR 31, SEATTLE WA 98101
Sequoia Grove Ii, Llc 10 percent owner SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Manager, Llc 10 percent owner SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Xiaojing Fan officer: Chief Accounting Officer, other: Chief Accounting Officer C/O EVENTBRITE, INC., 155 5TH ST., 7TH FL., SAN FRANCISCO CA 94103
Naomi Wheeless director C/O EVENTBRITE, INC., 155 5TH ST., 7TH FL., SAN FRANCISCO CA 94103
Samantha Harnett officer: See Remarks 1836 CLEMENS ROAD, OAKLAND CA 94602
Patrick David Poels officer: SVP of Platform EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Sequoia Capital U.s. Venture 2010-seed Fund, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Andrew Dreskin director EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Omer Cohen officer: Chief People Officer EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103

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