AQMS (Aqua Metals) Operating Margin %: 0.00% (As of Mar. 2026)


AQMS Aqua Metals Inc AQMS
25 GF Score
Price $2.98
! 3 Warning Signs
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What is Aqua Metals Operating Margin %?

Aqua Metals AQMS -3.51% 25 Operating Margin % is 0.00% as of Mar. 2026. GuruFocus rates AQMS with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 241 Waste Management companies, Aqua Metals ranks worse than 414937.34% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aqua Metals's Operating Income for the three months ended in Mar. 2026 was $-4.14 Mil. Aqua Metals's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Aqua Metals's Operating Margin % for the quarter that ended in Mar. 2026 was 0.00%.

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


AQMS's Operating Margin % is not ranked *
in the Waste Management industry.
Industry Median: 6.61
* Ranked among companies with meaningful Operating Margin % only.

Aqua Metals's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Aqua Metals's Operating Income for the three months ended in Mar. 2026 was $-4.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-14.92 Mil.


Aqua Metals  (NAS:AQMS) 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.


Aqua Metals Operating Margin % Related Terms


Aqua Metals Operating Margin % Historical Data

* Premium members only.

The historical data trend for Aqua Metals'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.

Aqua Metals Operating Margin % Chart

Aqua Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10,095.38 -389,575.00 -78,544.00 0.00 0.00

Aqua Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

AQMS vs AWX, OCLN, CDTG: Operating Margin % Comparison

For the Waste Management subindustry, Aqua Metals'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.


Aqua Metals Operating Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Aqua Metals's Operating Margin % distribution charts can be found below:

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


AQMS
25GF Score
Aqua Metals Inc AQMS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aqua Metals 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.

Aqua Metals's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-14.217 / 0
= %

Aqua Metals's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-4.14 / 0
= %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 0.00% mean?
Aqua Metals (AQMS) has a Operating Margin % of 0.00% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Aqua Metals and its competitors. According to the industry distribution chart, Aqua Metals ranks #999999 out of 241 companies in the Waste Management industry.
Is Aqua Metals' Operating Margin % too high?
Aqua Metals' current Operating Margin % is 0.00%. Based on the distribution chart, Aqua Metals ranks #999999 out of 241 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Aqua Metals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' Operating Margin % compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #999999 out of 241 companies for Operating Margin %. This places Aqua Metals in the lower half of its industry. The industry median Operating Margin % is 6.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Aqua Metals and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current Operating Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current Operating Margin % of 0.00%. The current Operating Margin % is 0.00%. Aqua Metals' overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Aqua Metals (AQMS), the current Operating Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aqua Metals Business Description

Other Exchanges 0HH6:UK
Address 5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
25GF Score

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