Apyx Medical (APYX) Gross Margin (2011 - 2026)
Apyx Medical (APYX) posted Gross Margin of 63.45% for Q1 2026, up 1.34% on a QoQ basis from 62.61% in Q4 2025, and up 338.0% year-over-year from 14.49% in Q1 2025.
Apyx Medical (APYX) Gross Margin (2011 - 2026) Analysis & Trends
Apyx Medical's Gross Margin history runs 16 years deep, the most recent figure standing at 63.45% for Q1 2026.
- Quarterly Gross Margin rose 338.0% year-over-year to 63.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 63.15% (up 166.0% YoY) and the FY2025 annual result came in at 62.53%, up 149.0% from the prior year.
- Gross Margin was 63.45% for Q1 2026 at Apyx Medical, up from 62.61% in the prior quarter.
- Across five years, Gross Margin topped out at 68.38% in Q2 2023 and bottomed at 58.07% in Q1 2024.
- A 5-year average of 63.29% and a median of 63.03% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 688 bps — and 2025, when it jumped 389 bps.
- Apyx Medical's Gross Margin stood at 65.35% in 2022, then decreased by 7 bps to 60.9% in 2023, then rose by 3 bps to 63.03% in 2024, then declined by 1 bps to 62.61% in 2025, then increased by 1 bps to 63.45% in 2026.
- Business Quant data shows APYX's Gross Margin at 63.45% in Q1 2026, 62.61% in Q4 2025, and 64.43% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.64 Bn | 176.34 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 129.04 Bn | 126.16 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 109.04 Bn | 99.82 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 68.54 Bn | 67.08 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 48.67 Bn | 45.00 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 28.40 Bn | 27.28 Bn | 750.30 Mn | 62.95% |
| 7 | GE HealthCare Technologies | 28.37 Bn | 26.08 Bn | 1.98 Bn | 38.53% |
| 8 | Smith & Nephew | 26.92 Bn | 26.34 Bn | - | - |
| 9 | Koninklijke Philips | 25.48 Bn | 22.36 Bn | 2.07 Bn | 45.22% |
| 10 | Apyx Medical | 170.59 Mn | 139.46 Mn | 7.93 Mn | 63.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.45% |
| Dec 31, 2025 | 62.61% |
| Sep 30, 2025 | 64.43% |
| Jun 30, 2025 | 62.28% |
| Mar 31, 2025 | 60.07% |
| Dec 31, 2024 | 63.03% |
| Sep 30, 2024 | 60.54% |
| Jun 30, 2024 | 61.68% |
| Mar 31, 2024 | 58.07% |
| Dec 31, 2023 | 60.90% |
| Sep 30, 2023 | 66.62% |
| Jun 30, 2023 | 68.38% |
| Mar 31, 2023 | 62.37% |
| Dec 31, 2022 | 65.35% |
| Sep 30, 2022 | 63.17% |
| Jun 30, 2022 | 67.18% |
| Mar 31, 2022 | 65.79% |
| Dec 31, 2021 | 72.22% |
| Sep 30, 2021 | 68.09% |
| Jun 30, 2021 | 67.12% |