HeartSciences (HSCSW) Gross Margin (2021 - 2025)
HeartSciences' (HSCSW) quarterly Gross Margin came in at 58.33% in Q4 2025, down 2.78% quarter-over-quarter from 60.0% in Q3 2025.
Analysis
HeartSciences (HSCSW) Gross Margin (2021 - 2025) Analysis & Trends
HeartSciences (HSCSW) has reported Gross Margin for 5 consecutive years, with 58.33% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin changed N/A year-over-year to 58.33%; the trailing twelve-month figure through Apr 2026 stood at 57.92% (down 827.0% YoY), and the FY2026 full-year result was 59.06%, up 228.0% from the prior year.
- Gross Margin declined to 58.33% in Q4 2025 per HSCSW's latest filing, from 60.0% in the prior quarter.
- Across five years, Gross Margin topped out at 69.15% in Q2 2022 and bottomed at 23.09% in Q3 2021.
- Historically, Gross Margin has averaged 56.36% across 5 years, with a median of 60.51% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 1329 bps in 2022, then plunged 781 bps in 2023.
- Over 5 years, Gross Margin stood at 23.09% in 2021, then soared by 58 bps to 36.38% in 2022, then surged by 68 bps to 61.03% in 2023, then grew by 13 bps to 68.97% in 2024, then declined 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.80 Bn | 27.69 Bn | 2.18 Bn | 41.17% |
| 2 | Lantheus Holdings | 6.58 Bn | 5.98 Bn | 241.86 Mn | 62.30% |
| 3 | Heartflow | 4.13 Bn | 3.75 Bn | 53.19 Mn | 83.00% |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | 47.85% |
| 5 | Butterfly Network | 1.98 Bn | 1.85 Bn | 23.29 Mn | 71.41% |
| 6 | Ceribell | 924.18 Mn | 794.92 Mn | 25.94 Mn | 92.32% |
| 7 | QuidelOrtho | 878.34 Mn | 754.94 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 36.44% |
| 9 | Prenetics Global | 338.80 Mn | 279.75 Mn | 30.20 Mn | 64.97% |
| 10 | HeartSciences | 184,567.09 | -1.52 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |