IceCure Medical (ICCM) Gross Margin (2020 - 2026)
IceCure Medical (ICCM) posted quarterly 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 reported Gross Margin for 7 consecutive years, with 32.38% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 231.0% year-over-year to 32.38%; the TTM figure through Mar 2026 stood at 36.55% (down 622.0% YoY), while the FY2025 annual figure was 36.28%, down 781.0% from the prior year.
- Gross Margin retreated to 32.38% in Q1 2026 per ICCM's latest filing, from 46.91% in the prior quarter.
- Across five years, Gross Margin topped out at 58.1% in Q1 2022 and bottomed at 7.03% in Q3 2023.
- Historically, Gross Margin has averaged 38.35% across 5 years, with a median of 45.07% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 3322 bps — and 2024, when it soared 4253 bps.
- IceCure Medical's Gross Margin stood at 49.09% in 2022, then decreased by 8 bps to 45.34% in 2023, then climbed by 5 bps to 47.66% in 2024, then slipped by 2 bps to 46.91% in 2025, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 45.84% |
| 10 | IceCure Medical | 6.92 Mn | -5.11 Mn | 253,000.00 | 27.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.89% |
| 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% |