IceCure Medical (ICCM) Gross Margin (2020 - 2026)
IceCure Medical (ICCM) reported Gross Margin of 32.38% for Q1 2026, up 231.0% year-over-year from 9.78% in Q1 2025, and down 30.97% quarter-over-quarter from 46.91% in Q4 2025.
IceCure Medical (ICCM) Gross Margin (2020 - 2026) Analysis & Trends
IceCure Medical (ICCM) has 7 years of Gross Margin data on file, last reported at 32.38% in Q1 2026.
- Gross Margin for Q1 2026 came in at 32.38%, up 231.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.55% (down 622.0% YoY), and the FY2025 annual result was 36.28%, down 781.0% from the prior year.
- Gross Margin eased to 32.38% in Q1 2026 per ICCM's latest filing, from 46.91% in the prior quarter.
- Over five years, Gross Margin peaked at 58.1% in Q1 2022 and troughed at 7.03% in Q3 2023.
- A 5-year average of 38.35% and a median of 45.07% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 3322 bps in 2023, then soared 4253 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 49.09% in 2022, then retreated by 8 bps to 45.34% in 2023, then advanced by 5 bps to 47.66% in 2024, then decreased by 2 bps to 46.91% in 2025, then tumbled by 31 bps to 32.38% in 2026.
- Business Quant data shows ICCM's Gross Margin at 32.38% in Q1 2026, 46.91% in Q4 2025, and 32.59% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | IceCure Medical | 334.80 | -8.11 Mn | 295,000.00 | 32.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.38% |
| Dec 31, 2025 | 46.91% |
| Sep 30, 2025 | 32.59% |
| Jun 30, 2025 | 24.95% |
| Mar 31, 2025 | 30.07% |
| Dec 31, 2024 | 47.66% |
| Sep 30, 2024 | 35.50% |
| Jun 30, 2024 | 52.42% |
| Mar 31, 2024 | 36.20% |
| Dec 31, 2023 | 45.34% |
| Sep 30, 2023 | -7.03% |
| Jun 30, 2023 | 46.32% |
| Mar 31, 2023 | 45.07% |
| Dec 31, 2022 | 49.09% |
| Sep 30, 2022 | 26.18% |
| Jun 30, 2022 | 50.20% |
| Mar 31, 2022 | 58.10% |
| Dec 31, 2021 | 46.46% |
| Sep 30, 2021 | 52.72% |
| Jun 30, 2021 | 39.87% |