Exact Sciences (EXAS) Margins & Profitability 2019-2025

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 70.1%
EBITDA Margin: -3.0%
Op. Margin: -9.4%
Net Margin: -9.8%

Op. margin of -9.4% is up 113.4% YoY — cost efficiency is improving. Net margin at -9.8% and gross margin of 70.1% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit