InMode (INMD) Gross Margin (2018 - 2026)
InMode's (INMD) quarterly Gross Margin came in at 74.82% in Q2 2026, down 515.0% year-over-year from 18.03% in Q2 2025, and little changed quarter-over-quarter from 75.05% in Q1 2026.
Analysis
InMode (INMD) Gross Margin (2018 - 2026) Analysis & Trends
InMode has disclosed Gross Margin across 9 years of filings, most recently posting 74.82% for Q2 2026.
- In Q2 2026, Gross Margin fell 515.0% year-over-year to 74.82%; the TTM figure through Jun 2026 stood at 76.52% (down 346.0% YoY), while the FY2025 annual figure was 78.54%, down 177.0% from the prior year.
- Gross Margin came in at 74.82% for Q2 2026 at InMode, roughly flat from 75.05% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 84.52% in Q3 2022 to a low of 74.82% in Q2 2026.
- Average Gross Margin over 5 years is 80.77%, with a median of 80.87% recorded in 2024.
- Year-over-year, Gross Margin soared 48 bps in 2023 and sank 515 bps in 2026.
- Over 5 years, Gross Margin stood at 84.28% in 2022, then fell by 0 bps to 84.02% in 2023, then dropped by 6 bps to 79.34% in 2024, then declined by 1 bps to 78.28% in 2025, then declined by 4 bps to 74.82% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 74.82% in Q2 2026, 75.05% in Q1 2026, and 78.28% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 45.84% |
| 10 | InMode | 955.60 Mn | 473.48 Mn | 71.52 Mn | 74.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.82% |
| Mar 31, 2026 | 75.05% |
| Dec 31, 2025 | 78.28% |
| Sep 30, 2025 | 77.61% |
| Jun 30, 2025 | 79.97% |
| Mar 31, 2025 | 78.22% |
| Dec 31, 2024 | 79.34% |
| Sep 30, 2024 | 81.53% |
| Jun 30, 2024 | 80.20% |
| Mar 31, 2024 | 79.62% |
| Dec 31, 2023 | 84.02% |
| Sep 30, 2023 | 83.64% |
| Jun 30, 2023 | 83.79% |
| Mar 31, 2023 | 82.79% |
| Dec 31, 2022 | 84.28% |
| Sep 30, 2022 | 84.52% |
| Jun 30, 2022 | 83.31% |
| Mar 31, 2022 | 82.81% |
| Dec 31, 2021 | 84.76% |
| Sep 30, 2021 | 85.19% |