GGR (Gogoro) Operating Margin %: -6.11% (As of Mar. 2026)


GGR Gogoro Inc GGR
52 GF Score
Price $4.00
GF Value $7.32
Valuation Possible Value Trap
! 5 Warning Signs
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What is Gogoro Operating Margin %?

Gogoro GGR +2.56% 52 Operating Margin % is -6.11% as of Mar. 2026. GuruFocus rates GGR with a GF Score™ of 52/100 and a GF Value™ of $7.32 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Gogoro ranks worse than 92.83% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Gogoro's Operating Income for the three months ended in Mar. 2026 was $-3.8 Mil. Gogoro's Revenue for the three months ended in Mar. 2026 was $62.9 Mil. Therefore, Gogoro's Operating Margin % for the quarter that ended in Mar. 2026 was -6.11%.

Warning Sign:

Gogoro Inc operating margin has been in a 5-year decline. The average rate of decline per year is -17.5%.

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

GGR' s Operating Margin % Range Over the Past 10 Years
Min: -76.26   Med: -20.05   Max: -1.7
Current: -15.38


GGR's Operating Margin % is ranked worse than
92.83% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 4.86 vs GGR: -15.38

Gogoro's 5-Year Average Operating Margin % Growth Rate was -17.50% per year.

Gogoro's Operating Income for the three months ended in Mar. 2026 was $-3.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-43.2 Mil.


Gogoro  (NAS:GGR) 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.


Gogoro Operating Margin % Related Terms


Gogoro Operating Margin % Historical Data

* Premium members only.

The historical data trend for Gogoro'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.

Gogoro Operating Margin % Chart

Gogoro Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -13.06 -76.26 -22.29 -31.64 -20.05

Gogoro 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 -25.07 -35.66 -17.37 -3.20 -6.11

GGR vs SEV, FFAI, DCX: Operating Margin % Comparison

For the Auto Manufacturers subindustry, Gogoro'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.


Gogoro Operating Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gogoro's Operating Margin % distribution charts can be found below:

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


GGR
52GF Score
Gogoro Inc GGR
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gogoro 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.

Gogoro'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 )
=-56.446 / 281.48
=-20.05 %

Gogoro'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 )
=-3.846 / 62.914
=-6.11 %

* 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 -6.11% mean?
Gogoro (GGR) has a Operating Margin % of -6.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Gogoro and its competitors. According to the industry distribution chart, Gogoro ranks #1230 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 92.8%.
Is Gogoro's Operating Margin % too high?
Gogoro's current Operating Margin % is -6.11%. Based on the distribution chart, Gogoro ranks #1230 out of 1325 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Gogoro has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gogoro's Operating Margin % compare to SEV and FFAI?
According to the Vehicles & Parts industry distribution chart, Gogoro ranks #1230 out of 1325 companies for Operating Margin %. This places Gogoro in the lower half of its industry. The industry median Operating Margin % is 4.86. 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 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 Gogoro and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gogoro's current Operating Margin % is -6.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gogoro stock overvalued right now?
Based on GuruFocus' analysis, Gogoro (GGR) is currently considered Possible Value Trap. The stock's GF Value™ is $7.32, compared to a current price of $4.00 — trading 45.4% below its estimated fair value. The current Operating Margin % is -6.11%. Gogoro's overall GF Score™ is 52/100 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 Gogoro (GGR), the current Operating Margin % is -6.11% 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.

Is Gogoro (GGR) Overvalued in 2026?

Based on GuruFocus' analysis, Gogoro stock appears to be undervalued. The current stock price of $4.00 is trading 45.4% below its estimated GF Value™ of $7.32. GuruFocus considers Gogoro to be Possible Value Trap.

Key valuation signals for GGR:

  • Operating Margin %: -6.11%
  • GF Value™: $7.32 vs. price of $4.00 (45.4% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Gogoro Business Description

Address No. 225, Section 2, Chang’an E. Road, 11th Floor, Building C, SongShan District, Taipei, TWN, 105
Gogoro Inc is focused on eliminating the barriers to electric fuel adoption to bring swappable electric power within reach of every urban rider. Its battery swapping technology compromises an interoperable platform that seamlessly integrates a comprehensive ecosystem of hardware, software, and services, which consists of Gogoro Smart Batteries, GoStations, Gogoro Network Software & Battery Management Systems, Smartscooter, and related components and kits. Geographical presence in Taiwan and Other countries, majority of its revenue comes from Tiwan.
52GF Score

Get the complete analysis for GGR

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

$4.00
Price
$7.32
GF Value