BGIN (BGIN Blockchain) Operating Margin %: -417.96% (As of Dec. 2025)


BGIN BGIN Blockchain Ltd BGIN
39 GF Score
Price $1.87
! 4 Warning Signs
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What is BGIN Blockchain Operating Margin %?

BGIN Blockchain BGIN +3.61% 39 Operating Margin % is -417.96% as of Dec. 2025. GuruFocus rates BGIN with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 2,472 Hardware companies, BGIN Blockchain ranks worse than 96.56% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. BGIN Blockchain's Operating Income for the six months ended in Dec. 2025 was $-82.47 Mil. BGIN Blockchain's Revenue for the six months ended in Dec. 2025 was $19.73 Mil. Therefore, BGIN Blockchain's Operating Margin % for the quarter that ended in Dec. 2025 was -417.96%.

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

BGIN' s Operating Margin % Range Over the Past 10 Years
Min: -163.28   Med: 37.34   Max: 67.38
Current: -163.28


BGIN's Operating Margin % is ranked worse than
96.56% of 2472 companies
in the Hardware industry
Industry Median: 3.81 vs BGIN: -163.28

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

BGIN Blockchain's Operating Income for the six months ended in Dec. 2025 was $-82.47 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-110.05 Mil.


BGIN Blockchain  (NAS:BGIN) 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.


BGIN Blockchain Operating Margin % Related Terms


BGIN Blockchain Operating Margin % Historical Data

* Premium members only.

The historical data trend for BGIN Blockchain'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.

BGIN Blockchain Operating Margin % Chart

BGIN Blockchain Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 51.04 -1.08 67.38 34.22 -163.28

BGIN Blockchain Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.89 52.73 17.28 -57.85 -417.96

BGIN vs NNDM, CAN, OSS: Operating Margin % Comparison

For the Computer Hardware subindustry, BGIN Blockchain'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.


BGIN Blockchain Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, BGIN Blockchain's Operating Margin % distribution charts can be found below:

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


BGIN
39GF Score
BGIN Blockchain Ltd BGIN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BGIN Blockchain 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.

BGIN Blockchain'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 )
=-110.046 / 67.396
=-163.28 %

BGIN Blockchain's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-82.472 / 19.732
=-417.96 %

* 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 -417.96% mean?
BGIN Blockchain (BGIN) has a Operating Margin % of -417.96% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on BGIN Blockchain and its competitors. According to the industry distribution chart, BGIN Blockchain ranks #2387 out of 2472 companies in the Hardware industry, placing it in the top 96.6%.
Is BGIN Blockchain's Operating Margin % too high?
BGIN Blockchain's current Operating Margin % is -417.96%. Based on the distribution chart, BGIN Blockchain ranks #2387 out of 2472 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BGIN Blockchain has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BGIN Blockchain's Operating Margin % compare to NNDM and CAN?
According to the Hardware industry distribution chart, BGIN Blockchain ranks #2387 out of 2472 companies for Operating Margin %. This places BGIN Blockchain in the lower half of its industry. The industry median Operating Margin % is 3.81. 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.81, based on 2,472 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 BGIN Blockchain and its competitors. For the Hardware industry, the median Operating Margin % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGIN Blockchain's current Operating Margin % is -417.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGIN Blockchain stock overvalued right now?
BGIN Blockchain (BGIN) has a current Operating Margin % of -417.96%. The current Operating Margin % is -417.96%. BGIN Blockchain's overall GF Score™ is 39/100 with 4 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 BGIN Blockchain (BGIN), the current Operating Margin % is -417.96% as of Dec. 2025. 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.

BGIN Blockchain Business Description

Address 60 Paya Lebar Road, No. 09 12 Paya Lebar Square, Singapore, SGP, 409051
BGIN Blockchain Ltd is a digital asset technology company engaged in cryptocurrency mining technologies, self-mining operations, and the design and sale of ASIC mining machines. The company develops proprietary mining hardware under its ICERIVER brand and provides mining infrastructure and hosting solutions. It operates through two reportable segments: cryptocurrency mining and sale of mining machines. The company focuses on cryptocurrencies such as Bitcoin, Dogecoin, KAS, ALPH, and RXD. Geographically, it derives revenue from Hong Kong, China, Vietnam, the United States, Singapore, and other markets.
39GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.87
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