• Ubiquiti average operating margin for 2023 was 28.06%, a 4.55% decline from 2022.
• Ubiquiti average operating margin for 2022 was 26.84%, a 29.14% increase from 2021.
• Ubiquiti average operating margin for 2021 was 37.88%, a 0.29% 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.