VMAR (Vision Marine Technologies) Operating Margin %: -20.85% (As of Feb. 2026)


VMAR Vision Marine Technologies Inc VMAR
16 GF Score
Price $1.97
! 3 Warning Signs
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What is Vision Marine Technologies Operating Margin %?

Vision Marine Technologies VMAR -28.21% 16 Operating Margin % is -20.85% as of Feb. 2026. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Vision Marine Technologies ranks worse than 94.19% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vision Marine Technologies's Operating Income for the three months ended in Feb. 2026 was $-3.03 Mil. Vision Marine Technologies's Revenue for the three months ended in Feb. 2026 was $14.53 Mil. Therefore, Vision Marine Technologies's Operating Margin % for the quarter that ended in Feb. 2026 was -20.85%.

Good Sign:

Vision Marine Technologies Inc operating margin is expanding. Margin expansion is usually a good sign.

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

VMAR' s Operating Margin % Range Over the Past 10 Years
Min: -367.3   Med: -131.47   Max: 11.74
Current: -20.92


VMAR's Operating Margin % is ranked worse than
94.19% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 4.86 vs VMAR: -20.92

Vision Marine Technologies's 5-Year Average Operating Margin % Growth Rate was 0.90% per year.

Vision Marine Technologies's Operating Income for the three months ended in Feb. 2026 was $-3.03 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was $-8.39 Mil.


Vision Marine Technologies  (NAS:VMAR) 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.


Vision Marine Technologies Operating Margin % Related Terms


Vision Marine Technologies Operating Margin % Historical Data

* Premium members only.

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Operating Margin % Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Operating Margin %
Get a 7-Day Free Trial -367.30 -173.76 -357.89 -348.86 -74.56

Vision Marine Technologies Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -4,093.33 -1,311.06 5.35 -20.07 -20.85

VMAR vs MCOM, EZGO, VEEE: Operating Margin % Comparison

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.


Vision Marine Technologies Operating Margin % vs Vehicles & Parts Industry

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

* The bar in red indicates where Vision Marine Technologies's Operating Margin % falls into.


VMAR
16GF Score
Vision Marine Technologies Inc VMAR
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vision Marine Technologies 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.

Vision Marine Technologies's Operating Margin % for the fiscal year that ended in Aug. 2025 is calculated as

Operating Margin %=Operating Income (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=-7.498 / 10.057
=-74.56 %

Vision Marine Technologies's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=-3.029 / 14.531
=-20.85 %

* 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 -20.85% mean?
Vision Marine Technologies (VMAR) has a Operating Margin % of -20.85% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vision Marine Technologies and its competitors. According to the industry distribution chart, Vision Marine Technologies ranks #1248 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 94.2%.
Is Vision Marine Technologies' Operating Margin % too high?
Vision Marine Technologies' current Operating Margin % is -20.85%. Based on the distribution chart, Vision Marine Technologies ranks #1248 out of 1325 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Operating Margin % compare to MCOM and EZGO?
According to the Vehicles & Parts industry distribution chart, Vision Marine Technologies ranks #1248 out of 1325 companies for Operating Margin %. This places Vision Marine Technologies 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 Vision Marine Technologies 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. Vision Marine Technologies's current Operating Margin % is -20.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Operating Margin % of -20.85%. The current Operating Margin % is -20.85%. Vision Marine Technologies' overall GF Score™ is 16/100 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 Vision Marine Technologies (VMAR), the current Operating Margin % is -20.85% as of Feb. 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.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score

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