• Hims & Hers Health average operating margin for 2023 was -6.5%, a 67.61% decline from 2022.
• Hims & Hers Health average operating margin for 2022 was -20.07%, a 48.62% decline from 2021.
• Hims & Hers Health average operating margin for 2021 was -39.06%, a 285.21% 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.