• Lattice Semiconductor average operating margin for 2023 was 29.67%, a 18.4% decline from 2022.
• Lattice Semiconductor average operating margin for 2022 was 25.06%, a 45.28% increase from 2021.
• Lattice Semiconductor average operating margin for 2021 was 17.25%, a 31.08% increase 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.