Conmed (CNMD) Operating Margin (2010 - 2026)
Conmed's (CNMD) quarterly Operating Margin came in at 10.6% in Q2 2026, down 55.0% YoY from 23.55% in Q2 2025, and up 32.22% on a QoQ basis from 8.02% in Q1 2026.
Conmed (CNMD) Operating Margin (2010 - 2026) Analysis & Trends
Conmed (CNMD) has 17 years of Operating Margin data on file, last reported at 10.6% in Q2 2026.
- Quarterly Operating Margin fell 55.0% year-over-year to 10.6% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 8.04% (down 495.0% YoY) and the FY2025 annual result came in at 7.46%, down 786.0% from the prior year.
- Operating Margin rose to 10.6% in Q2 2026, from 8.02% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 20.75% in Q3 2024 to a low of 0.44% in Q4 2022.
- A 5-year average of 9.67% and a median of 9.54% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin surged 1578 bps — and 2025, when it plunged 1723 bps.
- Tracing CNMD's Operating Margin over 5 years: stood at 0.44% in 2022, then jumped by 3616 bps to 15.35% in 2023, then dropped by 1 bps to 15.18% in 2024, then plunged by 35 bps to 9.81% in 2025, then grew by 8 bps to 10.6% in 2026.
- The last three Operating Margin figures came in at 10.6% (Q2 2026), 8.02% (Q1 2026), and 9.81% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 19.15% |
| 10 | Conmed | 1.56 Bn | 1.52 Bn | 197.46 Mn | 10.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.60% |
| Mar 31, 2026 | 8.02% |
| Dec 31, 2025 | 9.81% |
| Sep 30, 2025 | 3.52% |
| Jun 30, 2025 | 11.15% |
| Mar 31, 2025 | 4.97% |
| Dec 31, 2024 | 15.18% |
| Sep 30, 2024 | 20.75% |
| Jun 30, 2024 | 14.18% |
| Mar 31, 2024 | 11.21% |
| Dec 31, 2023 | 15.35% |
| Sep 30, 2023 | 9.95% |
| Jun 30, 2023 | 8.63% |
| Mar 31, 2023 | 4.30% |
| Dec 31, 2022 | -0.44% |
| Sep 30, 2022 | 8.81% |
| Jun 30, 2022 | 8.82% |
| Mar 31, 2022 | 9.26% |
| Dec 31, 2021 | 13.58% |
| Sep 30, 2021 | 10.73% |