Electromed (ELMD) Gross Margin (2010 - 2026)
Electromed (ELMD) posted quarterly Gross Margin of 78.83% for Q1 2026, up 86.0% year-over-year from 42.38% in Q1 2025, and up 0.53% quarter-over-quarter from 78.42% in Q4 2025.
Electromed (ELMD) Gross Margin (2010 - 2026) Analysis & Trends
Electromed (ELMD) has reported Gross Margin for 17 consecutive years, with 78.83% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 86.0% year-over-year to 78.83%; the TTM figure through Mar 2026 stood at 78.44% (up 89.0% YoY), while the FY2025 annual figure was 78.08%, up 182.0% from the prior year.
- Gross Margin rose to 78.83% in Q1 2026 per ELMD's latest filing, from 78.42% in the prior quarter.
- Across five years, Gross Margin topped out at 78.83% in Q1 2026 and bottomed at 72.04% in Q2 2022.
- Historically, Gross Margin has averaged 76.78% across 5 years, with a median of 77.07% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 287 bps — and 2023, when it soared 473 bps.
- Electromed's Gross Margin stood at 74.02% in 2022, then increased by 4 bps to 77.03% in 2023, then gained by 1 bps to 77.68% in 2024, then grew by 1 bps to 78.42% in 2025, then rose by 1 bps to 78.83% in 2026.
- Business Quant data shows ELMD's Gross Margin at 78.83% in Q1 2026, 78.42% in Q4 2025, and 78.15% in Q3 2025.
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 | Electromed | 330.05 Mn | 313.06 Mn | 14.64 Mn | 78.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.83% |
| Dec 31, 2025 | 78.42% |
| Sep 30, 2025 | 78.15% |
| Jun 30, 2025 | 78.33% |
| Mar 31, 2025 | 77.97% |
| Dec 31, 2024 | 77.68% |
| Sep 30, 2024 | 78.34% |
| Jun 30, 2024 | 76.19% |
| Mar 31, 2024 | 74.85% |
| Dec 31, 2023 | 77.03% |
| Sep 30, 2023 | 77.07% |
| Jun 30, 2023 | 76.77% |
| Mar 31, 2023 | 75.04% |
| Dec 31, 2022 | 74.02% |
| Sep 30, 2022 | 78.17% |
| Jun 30, 2022 | 72.04% |
| Mar 31, 2022 | 76.35% |
| Dec 31, 2021 | 76.89% |
| Sep 30, 2021 | 77.00% |
| Jun 30, 2021 | 73.20% |