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| 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% |
| Feb 28, 2022 | 77.15% |