Apyx Medical (APYX) Gross Margin (2011 - 2026)
Apyx Medical's (APYX) quarterly Gross Margin came in at 63.45% in Q1 2026, up 338.0% YoY from 14.49% in Q1 2025, and up 1.34% on a QoQ basis from 62.61% in Q4 2025.
Apyx Medical (APYX) Gross Margin (2011 - 2026) Analysis & Trends
Apyx Medical (APYX) has 16 years of Gross Margin data on file, last reported at 63.45% in 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 rose to 63.45% in Q1 2026, from 62.61% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 68.38% in Q2 2023 to a low of 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 slumped 688 bps — and 2025, when it jumped 389 bps.
- Tracing APYX's Gross Margin over 5 years: stood at 65.35% in 2022, then fell by 7 bps to 60.9% in 2023, then grew by 3 bps to 63.03% in 2024, then slipped by 1 bps to 62.61% in 2025, then climbed by 1 bps to 63.45% in 2026.
- The last three Gross Margin figures came in at 63.45% (Q1 2026), 62.61% (Q4 2025), and 64.43% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Apyx Medical | 134.62 Mn | 107.00 Mn | 8.87 Mn | 63.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.89% |
| 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% |