Masimo (MASI) Operating Margin (2009 - 2026)

Masimo's (MASI) quarterly Operating Margin came in at 19.18% in Q2 2026, down 179.0% year-on-year from 24.28% in Q2 2025, and down 5.71% quarter-over-quarter from 20.34% in Q1 2026.

Masimo (MASI) Operating Margin (2009 - 2026) Analysis & Trends

Masimo's Operating Margin history runs 18 years deep, the most recent figure standing at 19.18% for Q2 2026.

  • On a quarterly basis, Operating Margin fell 179.0% year-over-year to 19.18% in Q2 2026; TTM through Apr 2026 was 19.85%, a 1370.0% increase from a year earlier, with the FY2026 full-year figure at 20.3%, up 1579.0% from the prior year.
  • Operating Margin retreated to 19.18% in Q2 2026 per MASI's latest filing, from 20.34% in the prior quarter.
  • Across five years, Operating Margin topped out at 23.63% in Q1 2022 and bottomed at 32.86% in Q4 2023.
  • The 5-year median for Operating Margin is 13.91% (2024), against an average of 10.26%.
  • Across the five-year window, Operating Margin plunged 5462 bps in 2023 and jumped 3942 bps in 2026, its largest moves.
  • Year by year, Operating Margin stood at 21.76% in 2022, then tumbled by 251 bps to 32.86% in 2023, then jumped by 42 bps to 19.08% in 2024, then surged by 218 bps to 22.5% in 2025, then decreased by 15 bps to 19.18% in 2026.
  • Per Business Quant, the three latest MASI Operating Margin figures stand at 19.18% (Q2 2026), 20.34% (Q1 2026), and 22.5% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 12.05%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 15.55%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 19.10%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 21.16%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 28.97%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 21.42%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 6.17%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 10.04%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Masimo 9.39 Bn 9.27 Bn 250.80 Mn 19.18%

Historic Data

Download Data
DateValue
Apr 4, 2026 19.18%
Jan 3, 2026 20.34%
Sep 27, 2025 22.50%
Jun 28, 2025 17.39%
Mar 29, 2025 20.97%
Dec 28, 2024 -19.08%
Sep 28, 2024 11.13%
Jun 29, 2024 12.18%
Mar 30, 2024 15.64%
Dec 30, 2023 -32.86%
Sep 30, 2023 5.26%
Jul 1, 2023 6.44%
Apr 1, 2023 6.73%
Dec 31, 2022 21.76%
Oct 1, 2022 9.98%
Jul 2, 2022 3.91%
Apr 2, 2022 19.63%
Jan 1, 2022 23.63%
Oct 2, 2021 21.99%
Jul 3, 2021 21.34%