Operating margin and economies of scale

As revenue grows, does the company's core operation become more efficient?

Growth and financial quality GRW-006 Line Sample

Sample data. Every number, symbol and holding on these pages is generated sample data dated 2026-10-16, used only to illustrate layout and method for educational and informational purposes. It is not market data, backtest output or a forecast, and the analytics described in the specifications are not running.

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0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD

Latest value
3.96 %
Period average
13.13 %
Period high
19.16 %
Period low
3.96 %

Operating margin

Operating margin (%) (Line)

Revenue growth

Revenue, year-on-year (%) (Bar)

Gross profit and expense ratios

Operating margin (%) and Revenue, year-on-year (%) (Table)

Sample data rows

Fiscal quarterOperating margin (%)Revenue, year-on-year (%)Data date (sample)
2025Q4 19.16 7.26 2025-12-31
2026Q1 15.1 15.92 2026-03-31
2026Q2 14.3 10.6 2026-06-30
2026Q3 3.96 2.58 2026-09-30