Sammy Abdullah · 30 September 2026 · Industry Analysis

Q2 SaaS Operating Margins Hold Steady at -4%

Sammy Abdullah, GP @ Blossom Street VC

SaaS operating margins have stabilized at -4% median in Q2 2026, up dramatically from -30% in Q1 2022, with profitability improving across the sector while growth remains the primary metric.

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Topics: Enterprise Software

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