Lemaitre Vascular (LMAT) Gross Margin (2010 - 2026)
Lemaitre Vascular (LMAT) reported Gross Margin of 72.72% for Q1 2026, up 354.0% year-over-year from 16.02% in Q1 2025, and up 1.47% quarter-over-quarter from 71.66% in Q4 2025.
Lemaitre Vascular (LMAT) Gross Margin (2010 - 2026) Analysis & Trends
Lemaitre Vascular (LMAT) has 17 years of Gross Margin data on file, last reported at 72.72% in Q1 2026.
- Gross Margin for Q1 2026 came in at 72.72%, up 354.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 72.39% (up 359.0% YoY), and the FY2025 annual result was 71.53%, up 290.0% from the prior year.
- Gross Margin grew to 72.72% in Q1 2026 per LMAT's latest filing, from 71.66% in the prior quarter.
- Over five years, Gross Margin peaked at 75.28% in Q3 2025 and troughed at 63.62% in Q4 2022.
- A 5-year average of 67.98% and a median of 68.05% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 209 bps in 2022, then soared 746 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 63.62% in 2022, then advanced by 7 bps to 68.05% in 2023, then rose by 2 bps to 69.26% in 2024, then grew by 3 bps to 71.66% in 2025, then advanced by 1 bps to 72.72% in 2026.
- Business Quant data shows LMAT's Gross Margin at 72.72% in Q1 2026, 71.66% in Q4 2025, and 75.28% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 45.69% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 25.04% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 62.25% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 35.08% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 54.66% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 68.00% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 70.82% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 32.99% |
| 10 | Lemaitre Vascular | 2.12 Bn | 1.75 Bn | 48.40 Mn | 72.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.72% |
| Dec 31, 2025 | 71.66% |
| Sep 30, 2025 | 75.28% |
| Jun 30, 2025 | 70.02% |
| Mar 31, 2025 | 69.18% |
| Dec 31, 2024 | 69.26% |
| Sep 30, 2024 | 67.82% |
| Jun 30, 2024 | 68.88% |
| Mar 31, 2024 | 68.56% |
| Dec 31, 2023 | 68.05% |
| Sep 30, 2023 | 65.00% |
| Jun 30, 2023 | 64.02% |
| Mar 31, 2023 | 65.60% |
| Dec 31, 2022 | 63.62% |
| Sep 30, 2022 | 64.24% |
| Jun 30, 2022 | 66.04% |
| Mar 31, 2022 | 65.63% |
| Dec 31, 2021 | 65.71% |
| Sep 30, 2021 | 64.81% |
| Jun 30, 2021 | 65.80% |