HeartSciences (HSCS) Gross Margin (2021 - 2025)

HeartSciences (HSCS) posted quarterly Gross Margin of 58.33% for Q4 2025, down 2.78% on a QoQ basis from 60.0% in Q3 2025.

HeartSciences (HSCS) Gross Margin (2021 - 2025) Analysis & Trends

HeartSciences (HSCS) has reported Gross Margin for 5 consecutive years, with 58.33% the latest figure, recorded in Q4 2025.

  • Quarterly Gross Margin changed N/A year-over-year to 58.33% in Q4 2025, while the trailing twelve-month figure through Apr 2026 was 57.92% (down 827.0% YoY) and the FY2026 annual result came in at 59.06%, up 228.0% from the prior year.
  • Gross Margin declined to 58.33% in Q4 2025 per HSCS's latest filing, from 60.0% in the prior quarter.
  • Over the last five years, Gross Margin for HSCS reached as high as 69.15% in Q2 2022 and fell as low as 23.09% in Q3 2021.
  • A 5-year average of 56.36% and a median of 60.51% in 2025 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 1329 bps — and 2023, when it slumped 781 bps.
  • Year by year, Gross Margin stood at 23.09% in 2021, then jumped by 58 bps to 36.38% in 2022, then soared by 68 bps to 61.03% in 2023, then increased by 13 bps to 68.97% in 2024, then fell by 15 bps to 58.33% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods registered 58.33%, 60.0%, and 56.78% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn 56.20%
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 63.29%
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 65.35%
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 78.01%
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 62.95%
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 38.53%
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 45.22%
10 HeartSciences 6.43 Mn 4.73 Mn - -

Historic Data

Download Data
DateValue
Oct 31, 2025 58.33%
Jul 31, 2025 60.00%
Apr 30, 2025 56.78%
Jan 31, 2024 68.97%
Oct 31, 2023 61.03%
Jan 31, 2023 61.03%
Jul 31, 2022 36.38%
Apr 30, 2022 69.15%
Jan 31, 2022 68.83%
Jul 31, 2021 23.09%