Conmed (CNMD) Gross Margin (2010 - 2026)
Conmed (CNMD) reported Gross Margin of 57.86% for Q1 2026, up 253.0% on a YoY basis from 16.39% in Q1 2025, and down 1.08% quarter-over-quarter from 58.49% in Q4 2025.
Conmed (CNMD) Gross Margin (2010 - 2026) Analysis & Trends
Conmed has reported Gross Margin for 17 years, with the latest figure at 57.86% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 253.0% year-over-year to 57.86%; the trailing twelve-month figure through Mar 2026 stood at 55.17% (down 97.0% YoY), and the FY2025 full-year result was 54.59%, down 149.0% from the prior year.
- Gross Margin for Q1 2026 stood at 57.86%, down from 58.49% in the prior quarter.
- The five-year high for Gross Margin was 58.49% in Q4 2025, with the low at 49.16% in Q3 2025.
- Historically, Gross Margin has averaged 55.05% across 5 years, with a median of 55.18% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin surged 314 bps — and 2025, when it sank 736 bps.
- Conmed's Gross Margin stood at 52.56% in 2022, then increased by 6 bps to 55.7% in 2023, then climbed by 3 bps to 57.33% in 2024, then gained by 2 bps to 58.49% in 2025, then decreased by 1 bps to 57.86% in 2026.
- The last three Gross Margin figures came in at 57.86% (Q1 2026), 58.49% (Q4 2025), and 49.16% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Conmed | 994.72 Mn | 959.69 Mn | 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% |