InMode (INMD) Gross Margin (2018 - 2026)
InMode (INMD) posted Gross Margin of 75.05% for Q1 2026, down 4.13% sequentially from 78.28% in Q4 2025, and down 317.0% YoY from 34.58% in Q1 2025.
InMode (INMD) Gross Margin (2018 - 2026) Analysis & Trends
InMode has reported Gross Margin for 9 years, with the latest figure at 75.05% in Q1 2026.
- Quarterly Gross Margin fell 317.0% year-over-year to 75.05% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 77.84% (down 220.0% YoY) and the FY2025 annual result came in at 78.54%, down 177.0% from the prior year.
- Gross Margin eased to 75.05% in Q1 2026 per INMD's latest filing, from 78.28% in the prior quarter.
- Over five years, Gross Margin peaked at 84.52% in Q3 2022 and troughed at 75.05% in Q1 2026.
- A 5-year average of 81.14% and a median of 81.53% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 88 bps in 2023, then sank 468 bps in 2024.
- Over 5 years, Gross Margin stood at 84.28% in 2022, then decreased by 0 bps to 84.02% in 2023, then fell by 6 bps to 79.34% in 2024, then retreated by 1 bps to 78.28% in 2025, then slipped by 4 bps to 75.05% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 75.05%, 78.28%, and 77.61% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | InMode | 912.51 Mn | 497.35 Mn | 71.52 Mn | 74.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 84.20% |
| 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% |
| Jun 30, 2021 | 85.43% |