Medinotec (MDNC) Gross Margin (2022 - 2026)
Medinotec (MDNC) reported Gross Margin of 46.9% for Q1 2026, down 1960.0% on a YoY basis from 2.52% in Q1 2025, and down 11.61% quarter-over-quarter from 53.06% in Q4 2025.
Medinotec (MDNC) Gross Margin (2022 - 2026) Analysis & Trends
Medinotec has reported Gross Margin for 5 years, with the latest figure at 46.9% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 1960.0% year-over-year to 46.9%; the trailing twelve-month figure through Feb 2026 stood at 52.71% (up 2.0% YoY), and the FY2026 full-year result was 52.71%, down 16.0% from the prior year.
- Gross Margin for Q1 2026 stood at 46.9%, down from 53.06% in the prior quarter.
- The five-year high for Gross Margin was 82.61% in Q3 2023, with the low at 40.58% in Q4 2024.
- Historically, Gross Margin has averaged 56.71% across 5 years, with a median of 56.22% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin plunged 3642 bps — and 2025, when it soared 2335 bps.
- Medinotec's Gross Margin stood at 57.55% in 2022, then declined by 25 bps to 43.14% in 2023, then declined by 6 bps to 40.58% in 2024, then soared by 31 bps to 53.06% in 2025, then declined by 12 bps to 46.9% in 2026.
- The last three Gross Margin figures came in at 46.9% (Q1 2026), 53.06% (Q4 2025), and 61.87% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Medinotec | - | - | 854,557.00 | 46.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 46.90% |
| Nov 30, 2025 | 53.06% |
| Aug 31, 2025 | 61.87% |
| May 31, 2025 | 43.36% |
| 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% |