Financial Institutions, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 12.0% | 6.8% |
| FY2017 | — | 11.3% | 6.2% |
| FY2018 | — | 12.7% | 6.3% |
| FY2019 | — | 13.6% | 6.7% |
| FY2020 | — | 8.4% | 4.7% |
| FY2021 | — | 11.4% | 8.1% |
| FY2022 | — | 9.0% | 5.1% |
| FY2023 | — | 14.8% | 4.1% |
| FY2024 | — | -58.3% | -35.6% |
| FY2025 | — | 37.3% | 30.6% |