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% on a QoQ basis from 71.66% in Q4 2025.
Lemaitre Vascular (LMAT) has 17 years of Gross Margin data on file, last reported at 72.72% in Q1 2026.
- Quarterly Gross Margin rose 354.0% year-over-year to 72.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 72.39% (up 359.0% YoY) and the FY2025 annual result came in at 71.53%, up 290.0% from the prior year.
- Gross Margin advanced to 72.72% in Q1 2026 per LMAT's latest filing, from 71.66% in the prior quarter.
- Across five years, Gross Margin topped out at 75.28% in Q3 2025 and bottomed at 63.62% in Q4 2022.
- The 5-year median for Gross Margin is 68.05% (2023), against an average of 67.98%.
- The widest annual swing landed in 2022, when Gross Margin slumped 209 bps; it then jumped 746 bps in 2025.
- Tracing LMAT's Gross Margin over 5 years: stood at 63.62% in 2022, then rose by 7 bps to 68.05% in 2023, then grew by 2 bps to 69.26% in 2024, then advanced by 3 bps to 71.66% in 2025, then rose by 1 bps to 72.72% in 2026.
- Per Business Quant, the three latest LMAT Gross Margin figures stand at 72.72% (Q1 2026), 71.66% (Q4 2025), and 75.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 45.69% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 62.25% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 35.08% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 54.66% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 67.88% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 70.82% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 32.99% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 35.80% |
| 10 | Lemaitre Vascular | 2.28 Bn | 1.91 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% |
| Mar 31, 2021 | 66.32% |
| Dec 31, 2020 | 64.99% |
| Sep 30, 2020 | 62.35% |
| Jun 30, 2020 | 68.52% |
| Mar 31, 2020 | 67.05% |
| Dec 31, 2019 | 65.99% |
| Sep 30, 2019 | 69.30% |
| Jun 30, 2019 | 68.90% |
| Mar 31, 2019 | 68.35% |
| Dec 31, 2018 | 67.70% |
| Sep 30, 2018 | 71.40% |
| Jun 30, 2018 | 70.29% |
| Mar 31, 2018 | 71.07% |
| Dec 31, 2017 | 69.79% |
| Sep 30, 2017 | 70.81% |
| Jun 30, 2017 | 68.02% |
| Mar 31, 2017 | 71.89% |
| Dec 31, 2016 | 69.54% |
| Sep 30, 2016 | 73.31% |
| Jun 30, 2016 | 68.64% |
| Mar 31, 2016 | 70.87% |
| Dec 31, 2015 | 70.32% |
| Sep 30, 2015 | 71.04% |
| Jun 30, 2015 | 65.99% |
| Mar 31, 2015 | 69.23% |
| Dec 31, 2014 | 68.67% |
| Sep 30, 2014 | 68.58% |
| Jun 30, 2014 | 68.15% |
| Mar 31, 2014 | 66.99% |
| Dec 31, 2013 | 66.73% |
| Sep 30, 2013 | 70.04% |
| Jun 30, 2013 | 70.45% |
| Mar 31, 2013 | 72.85% |
| Dec 31, 2012 | 70.52% |
| Sep 30, 2012 | 73.40% |
| Mar 31, 2012 | 70.86% |
| Dec 31, 2011 | 71.01% |
| Sep 30, 2011 | 69.92% |
| Jun 30, 2011 | 68.62% |
| Mar 31, 2011 | 69.54% |
| Dec 31, 2010 | 71.70% |
| Sep 30, 2010 | 76.14% |
| Jun 30, 2010 | 75.26% |