Electromedical Technologies, Inc (EMED) Gross Margin (2019 - 2024)
Electromedical Technologies (EMED) posted Gross Margin of 72.06% for Q3 2024, down 5.55 percentage points from 77.62% a year earlier and down 0.84 percentage points from the prior quarter.
Powered by 
Analysis
Electromedical Technologies, Inc (EMED) Gross Margin (2019 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Gross Margin at Electromedical Technologies was 75.08%, down 2.89 percentage points year-over-year; for FY2023, it was 77.51%, up 0.23 percentage points from FY2022.
- Annual Gross Margin shows a four-year change of +6.26 percentage points (FY2019 to FY2023).
- In prior years, Electromedical Technologies' Gross Margin was 77.28% in FY2022 (-0.76 pp), 78.04% in FY2021 (+4.38 pp), 73.66% in FY2020 (+2.41 pp) and 71.25% in FY2019.
- The Q3 2024 figure stands as the lowest quarterly Gross Margin since Q1 2022.
- On a year-over-year basis, Gross Margin has declined in each of the last six quarters, with an average year-over-year change of -1.79 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 12.81 percentage points; the weakest was Q2 2021, with a drop of 11.35 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 72.90% (Q2 2024), 74.90% (Q1 2024) and 77.06% (Q4 2023).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 72.06% |
| Jun 30, 2024 | 72.90% |
| Mar 31, 2024 | 74.90% |
| Dec 31, 2023 | 77.06% |
| Sep 30, 2023 | 77.62% |
| Jun 30, 2023 | 78.80% |
| Mar 31, 2023 | 76.84% |
| Dec 31, 2022 | 78.68% |
| Sep 30, 2022 | 79.25% |
| Jun 30, 2022 | 79.87% |
| Mar 31, 2022 | 69.52% |
| Dec 31, 2021 | 82.62% |
| Sep 30, 2021 | 77.84% |
| Jun 30, 2021 | 75.49% |
| Mar 31, 2021 | 75.01% |
| Dec 31, 2020 | 69.81% |
| Sep 30, 2020 | 72.12% |
| Jun 30, 2020 | 86.84% |
| Mar 31, 2020 | 69.98% |
| Dec 31, 2019 | 72.10% |
API Access
Electromedical Technologies, Inc 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=EMED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "EMED", "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=EMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();