Conmed (CNMD) Gross Margin (2010 - 2026)
Conmed (CNMD) posted Gross Margin of 57.86% for Q1 2026, down 1.08% on a QoQ basis from 58.49% in Q4 2025, and up 253.0% year-over-year from 16.39% in Q1 2025.
Conmed (CNMD) Gross Margin (2010 - 2026) Analysis & Trends
Conmed's Gross Margin history runs 17 years deep, the most recent figure standing at 57.86% for Q1 2026.
- Quarterly Gross Margin rose 253.0% year-over-year to 57.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.17% (down 97.0% YoY) and the FY2025 annual result came in at 54.59%, down 149.0% from the prior year.
- Gross Margin was 57.86% for Q1 2026 at Conmed, down from 58.49% in the prior quarter.
- Across five years, Gross Margin topped out at 58.49% in Q4 2025 and bottomed at 49.16% in Q3 2025.
- A 5-year average of 55.05% and a median of 55.18% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 314 bps — and 2025, when it plunged 736 bps.
- Conmed's Gross Margin stood at 52.56% in 2022, then gained by 6 bps to 55.7% in 2023, then increased by 3 bps to 57.33% in 2024, then climbed by 2 bps to 58.49% in 2025, then dropped by 1 bps to 57.86% in 2026.
- Business Quant data shows CNMD's Gross Margin at 57.86% in Q1 2026, 58.49% in Q4 2025, and 49.16% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Conmed | 1.29 Bn | 1.26 Bn | 183.45 Mn | 57.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.86% |
| Dec 31, 2025 | 58.49% |
| Sep 30, 2025 | 49.16% |
| Jun 30, 2025 | 55.01% |
| Mar 31, 2025 | 55.33% |
| Dec 31, 2024 | 57.33% |
| Sep 30, 2024 | 56.52% |
| Jun 30, 2024 | 55.32% |
| Mar 31, 2024 | 55.07% |
| Dec 31, 2023 | 55.70% |
| Sep 30, 2023 | 55.18% |
| Jun 30, 2023 | 53.73% |
| Mar 31, 2023 | 52.57% |
| Dec 31, 2022 | 52.56% |
| Sep 30, 2022 | 55.12% |
| Jun 30, 2022 | 54.76% |
| Mar 31, 2022 | 56.12% |
| Dec 31, 2021 | 56.89% |
| Sep 30, 2021 | 57.19% |
| Jun 30, 2021 | 55.43% |