Next annual operating margin
2021
2022
2023
2024
2025
2026
Next Operating Margin Growth & History (NXT)
Next's operating margin was 18.53% for fiscal 2026.
View full Next company overviewNext annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 18.53% | +0.95 pp |
| 2025 | 2025-01-25 | 17.58% | −0.41 pp |
| 2024 | 2024-01-27 | 17.99% | −0.71 pp |
| 2023 | 2023-01-28 | 18.70% | −0.87 pp |
| 2022 | 2022-01-29 | 19.57% | +6.04 pp |
| 2021 | 2021-01-30 | 13.53% | — |
Next operating margin trends
Over the last five fiscal years, Next's operating margin increased from 13.53% to 18.53%, a change of +4.99 percentage points.
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 reported operating income divided by 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.
Review Next source filings ↗Community posts
Next wins a major equal-pay appeal, while some employment claims remain unresolved
Next reported on 7 September 2026 that the Employment Appeal Tribunal upheld its appeal concerning differences in basic pay between retail and warehouse employees. What the company says the ruling covers According to Next's announcement, th ...