HERE (Here Group) Operating Margin %: -26.68% (As of Mar. 2026)


HERE Here Group Ltd HERE
35 GF Score
Price $2.17
! 6 Warning Signs
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What is Here Group Operating Margin %?

Here Group HERE +3.33% 35 Operating Margin % is -26.68% as of Mar. 2026. GuruFocus rates HERE with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 844 Travel & Leisure companies, Here Group ranks worse than 70.02% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Here Group's Operating Income for the three months ended in Mar. 2026 was $-6.4 Mil. Here Group's Revenue for the three months ended in Mar. 2026 was $23.9 Mil. Therefore, Here Group's Operating Margin % for the quarter that ended in Mar. 2026 was -26.68%.

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

HERE' s Operating Margin % Range Over the Past 10 Years
Min: -18.61   Med: -3.67   Max: 14.65
Current: 1.17


HERE's Operating Margin % is ranked worse than
70.02% of 844 companies
in the Travel & Leisure industry
Industry Median: 8.135 vs HERE: 1.17

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

Here Group's Operating Income for the three months ended in Mar. 2026 was $-6.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1.6 Mil.


Here Group  (NAS:HERE) 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.


Here Group Operating Margin % Related Terms


Here Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for Here Group'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.

Here Group Operating Margin % Chart

Here Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
-18.61 -8.20 -3.67 10.30 14.65

Here Group 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 5.79 20.35 -22.91 -21.56 -26.68

HERE vs CLAR, AOUT, PUSA: Operating Margin % Comparison

For the Leisure subindustry, Here Group'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.


Here Group Operating Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Here Group's Operating Margin % distribution charts can be found below:

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


HERE
35GF Score
Here Group Ltd HERE
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Here Group 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.

Here Group's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=55.602 / 379.588
=14.65 %

Here Group'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 )
=-6.378 / 23.903
=-26.68 %

* 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 -26.68% mean?
Here Group (HERE) has a Operating Margin % of -26.68% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Here Group and its competitors. According to the industry distribution chart, Here Group ranks #591 out of 844 companies in the Travel & Leisure industry, placing it in the top 70%.
Is Here Group's Operating Margin % too high?
Here Group's current Operating Margin % is -26.68%. Based on the distribution chart, Here Group ranks #591 out of 844 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Here Group has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Here Group's Operating Margin % compare to CLAR and AOUT?
According to the Travel & Leisure industry distribution chart, Here Group ranks #591 out of 844 companies for Operating Margin %. This places Here Group in the lower half of its industry. The industry median Operating Margin % is 8.14. 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 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 Here Group and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Here Group's current Operating Margin % is -26.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Here Group stock overvalued right now?
Here Group (HERE) has a current Operating Margin % of -26.68%. The current Operating Margin % is -26.68%. Here Group's overall GF Score™ is 35/100 with 6 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 Here Group (HERE), the current Operating Margin % is -26.68% 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.

Here Group Business Description

Address Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102
Here Group Ltd is dedicated to creating collectible pop toys that evoke joy and emotional resonance. The group design and compelling storytelling, which provide users with a collecting experience that blends artistic value with emotional warmth, continuously convey a joyful and immersive brand culture. Adhering to the brand philosophy of joy, integrity, wonder, and co-creation, the company is building a vibrant ecosystem connecting creativity and emotion, working hand-in-hand with overall toy enthusiasts to create, share, and transmit dreams.
35GF Score

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

$2.17
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