WithSecure (CHIX:WITHH) Operating Margin %: -12.96% (As of Sep. 2025)


CHIX:WITHH WithSecure Corp CHIX:WITHH
16 GF Score
Price €1.34
GF Value €0.74
! 5 Warning Signs
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What is WithSecure Operating Margin %?

WithSecure CHIX:WITHH 16 Operating Margin % is -12.96% as of Sep. 2025. GuruFocus rates CHIX:WITHH with a GF Score™ of 16/100 and a GF Value™ of €0.74. The stock has 5 warning signs investors should review.

Operating Margin % is calculated as Operating Income divided by its Revenue. WithSecure's Operating Income for the three months ended in Sep. 2025 was €-3.7 Mil. WithSecure's Revenue for the three months ended in Sep. 2025 was €28.5 Mil. Therefore, WithSecure's Operating Margin % for the quarter that ended in Sep. 2025 was -12.96%.

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

CHIX:WITHh' s Operating Margin % Range Over the Past 10 Years
Min: -34.25   Med: -0.11   Max: 13.53
Current: -9.29


CHIX:WITHh's Operating Margin % is not ranked
in the Software industry.
Industry Median: 3.865 vs CHIX:WITHh: -9.29

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

WithSecure's Operating Income for the three months ended in Sep. 2025 was €-3.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was €-10.9 Mil.


WithSecure  (CHIX:WITHh) 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.


WithSecure Operating Margin % Related Terms


WithSecure Operating Margin % Historical Data

* Premium members only.

The historical data trend for WithSecure'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.

WithSecure Operating Margin % Chart

WithSecure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.93 -23.55 -32.80 -34.25 -10.80

WithSecure Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -7.30 -3.99 -4.88 -15.62 -12.96

CHIX:WITHH vs MSFT, ORCL, PLTR: Operating Margin % Comparison

For the Software - Infrastructure subindustry, WithSecure'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.


WithSecure Operating Margin % vs Software Industry

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

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


CHIX:WITHH
16GF Score
WithSecure Corp CHIX:WITHH
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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WithSecure 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.

WithSecure's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-12.533 / 116.002
=-10.80 %

WithSecure's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=-3.697 / 28.524
=-12.96 %

* 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 -12.96% mean?
WithSecure (CHIX:WITHH) has a Operating Margin % of -12.96% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on WithSecure and its competitors.
Is WithSecure's Operating Margin % too high?
WithSecure's current Operating Margin % is -12.96%. Overall, WithSecure has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does WithSecure's Operating Margin % compare to MSFT and ORCL?
WithSecure's Operating Margin % of -12.96% can be compared against companies in the Software industry. The industry median Operating Margin % is 3.87. 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,820 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 WithSecure and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WithSecure's current Operating Margin % is -12.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WithSecure stock overvalued right now?
WithSecure (CHIX:WITHH) has a current Operating Margin % of -12.96%. The stock's GF Value™ is €0.74, compared to a current price of €1.34 — trading 81.1% above its estimated fair value. The current Operating Margin % is -12.96%. WithSecure's overall GF Score™ is 16/100 with 5 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 WithSecure (CHIX:WITHH), the current Operating Margin % is -12.96% as of Sep. 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.

Is WithSecure (CHIX:WITHH) Overvalued in 2026?

Based on GuruFocus' analysis, WithSecure stock appears to be overvalued. The current stock price of €1.34 is trading 81.1% above its estimated GF Value™ of €0.74.

Key valuation signals for CHIX:WITHH:

  • Operating Margin %: -12.96%
  • GF Value™: €0.74 vs. price of €1.34 (81.1% above fair value)
  • GF Score™: 16/100 with 5 warning signs

No single metric tells the full story. See the CHIX:WITHH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WithSecure Business Description

Address Valimerenkatu 1, Helsinki, FIN, 00181
WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company The Company has one segment which is security. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the United States, and the company's products are sold by thousands of resellers. The company's revenue is split into three categories. Cloud revenue includes the Elements platform cloud-based products, Managed Detection and Response (MDR) and Cloud Protection for Salesforce (CPSF) revenue. Onpremise revenue includes the Elements portfolio on-premise product (Endpoint protection) and other legacy products. Consulting revenue includes the cyber security consulting services.
16GF Score

Get the complete analysis for CHIX:WITHH

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

€1.34
Price
€0.74
GF Value