Medinotec (MDNC) Gross Margin (2022 - 2026)

Medinotec (MDNC) posted Gross Margin of 49.33% for Q2 2026, up 5.17% on a QoQ basis from 46.9% in Q1 2026, and up 653.0% year-over-year from 6.55% in Q2 2025.

Medinotec (MDNC) Gross Margin (2022 - 2026) Analysis & Trends

Medinotec's Gross Margin history runs 5 years deep, the most recent figure standing at 49.33% for Q2 2026.

  • Quarterly Gross Margin rose 653.0% year-over-year to 49.33% in Q2 2026, while the trailing twelve-month figure through May 2026 was 53.78% (up 261.0% YoY) and the FY2026 annual result came in at 52.71%, down 16.0% from the prior year.
  • Gross Margin was 49.33% for Q2 2026 at Medinotec, up from 46.9% in the prior quarter.
  • Across five years, Gross Margin topped out at 82.61% in Q3 2023 and bottomed at 40.58% in Q4 2024.
  • A 5-year average of 56.27% and a median of 54.64% in 2022 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2024 — Gross Margin tumbled 3642 bps — and 2025, when it soared 2335 bps.
  • Medinotec's Gross Margin stood at 57.55% in 2022, then retreated by 25 bps to 43.14% in 2023, then retreated by 6 bps to 40.58% in 2024, then surged by 31 bps to 53.06% in 2025, then retreated by 7 bps to 49.33% in 2026.
  • Business Quant data shows MDNC's Gross Margin at 49.33% in Q2 2026, 46.9% in Q1 2026, and 53.06% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 183.17 Bn 175.87 Bn 6.27 Bn 56.20%
2 Stryker 129.06 Bn 126.18 Bn 3.81 Bn 63.29%
3 Medtronic 108.35 Bn 99.13 Bn 6.41 Bn 65.35%
4 Boston Scientific 68.56 Bn 67.10 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 48.33 Bn 44.66 Bn 1.29 Bn 78.01%
6 Dexcom 28.38 Bn 27.26 Bn 750.30 Mn 62.95%
7 GE HealthCare Technologies 28.08 Bn 25.80 Bn 1.98 Bn 38.53%
8 Smith & Nephew 26.93 Bn 26.36 Bn - -
9 Koninklijke Philips 24.06 Bn 20.93 Bn 2.07 Bn 45.22%
10 Medinotec 58.78 Mn 58.19 Mn 1.31 Mn 49.33%

Historic Data

Download Data
DateValue
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%
Feb 28, 2022 77.15%