Valuation check: NXGN's profit margin is -0.89%, below the Technology sector average of 37.3%.
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+ FollowAs of Sep 2023
Trailing 12 months ending Sep 2023
NextGen Healthcare (NXGN) currently reports a profit margin of -0.89% as of September 2023. That compares with 3.31% in the prior-year period — down 127.0% year over year. That is below the Technology sector average of 37.3%. Use the charts on this page to explore NextGen Healthcare's profit margin history and peer comparisons.
NextGen Healthcare's profit margin decreased from 3.31% to -0.89% — a 127.0% 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.
NextGen Healthcare's profit margin of -0.89% is lower than the Technology sector average of 37.3%. That is roughly 102.4% 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 NextGen Healthcare's current -0.89% should be judged against Technology norms (sector average: 37.3%) and against NXGN'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 -0.89%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 37.3%. From there, open related valuation or income-statement pages for NextGen Healthcare, and consider following NXGN for alerts when major investors trade the stock.