• Confluent average operating margin for 2023 was -72.18%, a 16.83% decline from 2022.
• Confluent average operating margin for 2022 was -86.79%, a 3.42% decline from 2021.
• Confluent average operating margin for 2021 was -89.86%, a 8.6% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.