We took a look at the data from 21 publicly traded software companies during the recession to see how SaaS performed during this period. The data is below.
Operating margin improved. Operating margin actually improved as many SaaS companies showed an ability to cut costs. In the 4 quarters prior to the recession, median operating margin was 3%. During the recession, operating margin on median was 9%, and continued to improve after the recession. The recession actually forced the companies to improve their operations.