Avid Technology (AVID) has a profit margin of 3.13%, below the Technology sector average of 36.35%.
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+ FollowAs of Sep 2023
Trailing 12 months ending Sep 2023
Avid Technology (AVID) currently reports a profit margin of 3.13% as of September 2023. That compares with 10.75% in the prior-year period — down 70.9% year over year. That is below the Technology sector average of 36.35%. Use the charts on this page to explore Avid Technology's profit margin history and peer comparisons.
Avid Technology's profit margin decreased from 10.75% to 3.13% — a 70.9% year-over-year decrease (period ending September 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Avid Technology's profit margin of 3.13% is lower than the Technology sector average of 36.35%. That is roughly 91.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Avid Technology's current 3.13% should be judged against Technology norms (sector average: 36.35%) and against AVID's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 3.13%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 36.35%. From there, open related valuation or income-statement pages for Avid Technology, and consider following AVID for alerts when major investors trade the stock.