• SiTime average operating margin for 2023 was -39.64%, a 391.47% increase from 2022.
• SiTime average operating margin for 2022 was 13.6%, a 204.25% decline from 2021.
• SiTime average operating margin for 2021 was 4.47%, a 135.09% 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.