Medinotec (MDNC) Gross Margin (2022 - 2026)
Medinotec's Gross Margin came in at 49.33% for fiscal Q1 2027 (quarter ended May 31, 2026), up 6.53 percentage points from 42.79% a year earlier and up 2.43 percentage points from the prior quarter.
Medinotec (MDNC) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Medinotec reported Gross Margin of 53.78%, up 2.61 percentage points year-over-year; for FY2026 (ended Feb 28, 2026), it came in at 52.71%, down 0.16 percentage points from FY2025.
- Gross Margin carries a four-year change of +15.27 percentage points (FY2022 to FY2026).
- Going back by fiscal year, Gross Margin was 52.87% in FY2025 (+4.22 pp), 48.65% in FY2024 (-9.56 pp), 58.21% in FY2023 (+20.77 pp) and 37.43% in FY2022.
- The five-year range for quarterly Gross Margin is 40.58% (fiscal Q3 2025) to 82.61% (fiscal Q2 2024).
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -0.71 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q4 2025 (a gain of 23.35 percentage points), and the weakest in fiscal Q2 2025 (a drop of 36.42 percentage points).
- Business Quant data shows MDNC's Gross Margin at 46.90% (Q4 2026), 53.06% (Q3 2026) and 61.87% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 46.46% |
| 10 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | 49.33% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 49.33% |
| Feb 28, 2026 | 46.90% |
| Nov 30, 2025 | 53.06% |
| Aug 31, 2025 | 61.87% |
| May 31, 2025 | 42.79% |
| Feb 28, 2025 | 66.49% |
| Nov 30, 2024 | 40.58% |
| Aug 31, 2024 | 46.20% |
| May 31, 2024 | 47.95% |
| Feb 29, 2024 | 43.14% |
| Nov 30, 2023 | 43.14% |
| Aug 31, 2023 | 82.61% |
| May 31, 2023 | 76.33% |
| Feb 28, 2023 | 57.88% |
| Nov 30, 2022 | 57.55% |
| Aug 31, 2022 | 63.62% |
| May 31, 2022 | 56.22% |
Medinotec 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=MDNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDNC", "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=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();