Envoy Medical (COCH) Gross Margin (2022 - 2026)
Envoy Medical (COCH) posted Gross Margin of -269.70% for Q3 2026, up 113.64 percentage points from -383.33% a year earlier and up 175.40 percentage points from the prior quarter.
Envoy Medical (COCH) Gross Margin (2022 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Envoy Medical was -352.81%, down 58.58 percentage points year-over-year; for FY2025, it was -262.66%, down 32.88 percentage points from FY2024.
- Annual Gross Margin has declined for three consecutive years, with a three-year change of -152.53 percentage points (FY2022 to FY2025).
- In prior years, Envoy Medical's Gross Margin was -229.78% in FY2024 (-80.09 pp), -149.68% in FY2023 (-39.56 pp) and -110.13% in FY2022.
- Quarterly Gross Margin has run from a low of -702.56% in Q1 2026 to a high of -85.96% in Q3 2022 over five years.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -99.85 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2023, with a gain of 508.68 percentage points; the weakest was Q1 2026, with a drop of 311.26 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was -445.10% (Q2 2026), -702.56% (Q1 2026) and -181.33% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 78.48% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 24.50% |
| 10 | Envoy Medical | 70.33 Mn | 7.09 Mn | -178,000.00 | -269.70% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -269.70% |
| Jun 30, 2026 | -445.10% |
| Mar 31, 2026 | -702.56% |
| Dec 31, 2025 | -181.33% |
| Sep 30, 2025 | -383.33% |
| Jun 30, 2025 | -200.00% |
| Mar 31, 2025 | -391.30% |
| Dec 31, 2024 | -273.81% |
| Sep 30, 2024 | -233.93% |
| Jun 30, 2024 | -260.29% |
| Mar 31, 2024 | -159.32% |
| Dec 31, 2023 | -146.32% |
| Sep 30, 2023 | -136.25% |
| Jun 30, 2023 | -157.14% |
| Mar 31, 2023 | -124.36% |
| Dec 31, 2022 | -655.00% |
| Sep 30, 2022 | -85.96% |
Envoy Medical Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=COCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "COCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=COCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();