SeaStar Medical Holding (ICU) Gross Margin (2024 - 2026)
SeaStar Medical Holding's (ICU) quarterly Gross Margin came in at 89.8% in Q1 2026, down 787.0% YoY from 13.07% in Q1 2025, and down 7.56% on a QoQ basis from 97.14% in Q4 2025.
SeaStar Medical Holding (ICU) Gross Margin (2024 - 2026) Analysis & Trends
SeaStar Medical Holding (ICU) has 3 years of Gross Margin data on file, last reported at 89.8% in Q1 2026.
- Quarterly Gross Margin fell 787.0% year-over-year to 89.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 92.78% (down 561.0% YoY) and the FY2025 annual result came in at 95.71%, down 429.0% from the prior year.
- Gross Margin slipped to 89.8% in Q1 2026, from 97.14% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2024 to a low of 89.8% in Q1 2026.
- A 3-year average of 95.57% and a median of 97.14% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin sank 286 bps — and 2026, when it slumped 787 bps.
- Tracing ICU's Gross Margin over 3 years: stood at 100.0% in 2024, then retreated by 3 bps to 97.14% in 2025, then fell by 8 bps to 89.8% in 2026.
- The last three Gross Margin figures came in at 89.8% (Q1 2026), 97.14% (Q4 2025), and 92.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.41 Bn | 131.56 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 86.14 Bn | 78.15 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 65.52 Bn | 60.34 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 58.21 Bn | 53.07 Bn | 52.00 Mn | 35.86% |
| 5 | BeOne Medicines | 42.15 Bn | 37.05 Bn | 1.53 Bn | 89.76% |
| 6 | Alnylam Pharmaceuticals | 31.62 Bn | 28.31 Bn | 992.69 Mn | 76.90% |
| 7 | BioNTech SE | 27.95 Bn | 9.56 Bn | 668.28 Mn | 63.27% |
| 8 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 84.20% |
| 9 | Royalty Pharma | 27.30 Bn | 26.46 Bn | - | - |
| 10 | SeaStar Medical Holding | 14.09 Mn | 7.09 Mn | 561,000.00 | 91.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 91.22% |
| Mar 31, 2026 | 89.80% |
| Dec 31, 2025 | 97.14% |
| Sep 30, 2025 | 92.35% |
| Jun 30, 2025 | 92.01% |
| Mar 31, 2025 | 97.67% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 100.00% |