InMode (INMD) Gross Margin (2018 - 2026)
InMode (INMD) recorded Gross Margin of 74.82% in the quarter ended Jun 30, 2026, down 5.15 percentage points from 79.97% a year earlier and down 0.23 percentage points from the prior quarter.
InMode (INMD) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, InMode's Gross Margin came in at 76.52% as of Jun 30, 2026, down 3.46 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 78.54%, down 1.77 percentage points from the prior year.
- Annual Gross Margin has declined for six straight years, with a five-year change of -6.50 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Gross Margin came in at 80.31% in the year ended Dec 31, 2024 (-3.29 pp), 83.60% in the year ended Dec 31, 2023 (-0.23 pp), 83.82% in the year ended Dec 31, 2022 (-1.19 pp) and 85.01% in the year ended Dec 31, 2021 (-0.02 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Gross Margin in data going back to the quarter ended Jun 30, 2018.
- On a year-over-year basis, Gross Margin has declined for 12 consecutive quarters, with an average year-over-year change of -2.71 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 0.93 percentage points in the quarter ended Sep 30, 2021, against a drop of 5.15 percentage points in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 75.05% (quarter ended Mar 31, 2026), 78.28% (quarter ended Dec 31, 2025) and 77.61% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | InMode | 897.79 Mn | -728.83 Mn | 71.52 Mn | 74.82% |
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% |
InMode Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=INMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "INMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=INMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();