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  1. Home
  2. Glossary
  3. Operating Margin
Finance

Operating Margin

Operating income divided by revenue, measuring profitability after all operating expenses but before interest and taxes.

Related Terms

EBITDA Margin

EBITDA as a percentage of sales, measuring operational profitability before financing and tax considerations. Industry benchmarks vary by concept.

Net Margin

Net income divided by revenue, the bottom-line profitability percentage after all expenses, interest, and taxes.

Related Articles

Inside Sweetgreen's Infinite Kitchen: Can a Robotic Assembly Line Fix Fast Casual's Margin Problem?

Sweetgreen's robotic Infinite Kitchen delivers 700 basis points of labor savings and 10 points of extra margin. But with $450K per install and same-store sales falling 9.5%, the real question is whether automation can outrun fast casual's deeper structural challenges.

Technology & Innovation

Starbucks' Turnaround Paradox: Traffic Is Up, But 420 Basis Points of Margin Just Vanished

Brian Niccol's Back to Starbucks plan is driving traffic for the first time in two years. But North America operating margins contracted 420 basis points in Q1 FY2026, RBC Capital and Wolfe Research both downgraded the stock in one week, and the CFO admits two-thirds of the damage is labor spending with no clear end date. For restaurant operators everywhere, Starbucks is now the industry's most expensive case study in what turnarounds actually cost.

Finance & Economics

Restaurant Industry H1 2026: No Catalysts in Sight, Say Analysts

Industry consultant John Gordon's March 2026 assessment is blunt: there are no visible catalysts to shift the current conditions facing restaurant operators. With $1.55 trillion in projected sales masking flat traffic, 1,000+ chain closures, and margin compression on every front, the first half of 2026 is shaping up as a grind.

Industry Analysis

The QSR Autonomous Delivery Map: Where Robots and Drones Are Delivering Restaurant Orders in 2026

DoorDash's Dot robot made its first delivery in Fremont, California on March 5, 2026, joining Serve Robotics, Grubhub, and Zipline in a live deployment race across U.S. cities. Here is which platforms are operating where, what the unit economics look like, and what QSR operators need to do now.

Technology & Innovation

Zaxby's Crosses 1,000 Restaurants and Sets Its Sights on a National Footprint

Zaxby's quietly surpassed 1,000 restaurants in January 2026, operating across 22 states with 60+ new openings planned for the year. The brand's Modern Farmhouse prototype and Goldman Sachs-backed expansion push raise a core question for the industry: can a deeply regional chain scale to national relevance without losing what made it work?

Industry Analysis
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