Medinotec (MDNC) Gross Margin (2022 - 2026)
Medinotec's (MDNC) quarterly Gross Margin came in at 49.33% in Q2 2026, up 653.0% on a YoY basis from 6.55% in Q2 2025, and up 5.17% quarter-over-quarter from 46.9% in Q1 2026.
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Medinotec (MDNC) Gross Margin (2022 - 2026) Analysis & Trends
Medinotec (MDNC) has reported Gross Margin for 5 consecutive years, with 49.33% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 653.0% year-over-year to 49.33%; the trailing twelve-month figure through May 2026 stood at 53.78% (up 261.0% YoY), and the FY2026 full-year result was 52.71%, down 16.0% from the prior year.
- Gross Margin grew to 49.33% in Q2 2026 per MDNC's latest filing, 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.
- Historically, Gross Margin has averaged 56.27% across 5 years, with a median of 54.64% in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin sank 3642 bps in 2024, then jumped 2335 bps in 2025.
- Over 5 years, 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.
- According to Business Quant data, Gross Margin over the past three periods registered 49.33%, 46.9%, and 53.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 45.84% |
| 10 | Medinotec | 58.78 Mn | 58.19 Mn | 1.31 Mn | 49.33% |
Historic Data
Download Data
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% |
| Feb 28, 2022 | 77.15% |