Joint Stock Co Kaspi.kz annual operating margin
2022
2023
2024
2025
Joint Stock Co Kaspi.kz Operating Margin Growth & History (KSPI)
Joint Stock Co Kaspi.kz's operating margin was 32.47% for fiscal 2025.
View full Joint Stock Co Kaspi.kz company overviewJoint Stock Co Kaspi.kz annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 32.47% | −17.73 pp |
| 2024 | 2024-12-31 | 50.20% | −2.00 pp |
| 2023 | 2023-12-31 | 52.20% | −3.22 pp |
| 2022 | 2022-12-31 | 55.42% | — |
Joint Stock Co Kaspi.kz quarterly operating margin
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 55.76% | −1.04 pp |
| Q1 2026 | 2026-03-31 | 28.18% | −9.23 pp |
| Q4 2025 | 2025-12-31 | 30.87% | — |
| Q3 2025 | 2025-09-30 | 30.50% | — |
| Q2 2025 | 2025-06-30 | 56.80% | — |
| Q1 2025 | 2025-03-31 | 37.41% | — |
Joint Stock Co Kaspi.kz operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Joint Stock Co Kaspi.kz's operating margin decreased from 55.42% to 32.47%, a change of −22.95 percentage points. The latest reported quarter, Q2 2026, shows 55.76%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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