Mimedx (MDXG) Gross Margin (2011 - 2026)
Mimedx (MDXG) reported Gross Margin of 68.96% for Q2 2026, down 12.10 percentage points from 81.05% a year earlier and down 1.60 percentage points from the prior quarter.
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Analysis
Mimedx (MDXG) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mimedx's Gross Margin came in at 78.85%, down 2.60 percentage points year-over-year; for FY2025, it came in at 82.56%, down 0.22 percentage points from FY2024.
- Gross Margin has a five-year change of -1.60 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 82.78% in FY2024 (-0.22 pp), 83.01% in FY2023 (+1.04 pp), 81.96% in FY2022 (-1.67 pp) and 83.63% in FY2021 (-0.53 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q4 2011.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -3.33 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2023 (a gain of 3.38 percentage points); the low point was Q2 2026 (a drop of 12.10 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 70.56% (Q1 2026), 83.86% (Q4 2025) and 83.54% (Q3 2025).
Peer Set
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 | Mimedx | 680.53 Mn | 76.72 Mn | 44.38 Mn | 68.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.96% |
| Mar 31, 2026 | 70.56% |
| Dec 31, 2025 | 83.86% |
| Sep 30, 2025 | 83.54% |
| Jun 30, 2025 | 81.05% |
| Mar 31, 2025 | 81.23% |
| Dec 31, 2024 | 81.80% |
| Sep 30, 2024 | 81.77% |
| Jun 30, 2024 | 82.97% |
| Mar 31, 2024 | 84.67% |
| Dec 31, 2023 | 84.06% |
| Sep 30, 2023 | 81.90% |
| Jun 30, 2023 | 83.28% |
| Mar 31, 2023 | 82.67% |
| Dec 31, 2022 | 80.68% |
| Sep 30, 2022 | 81.99% |
| Jun 30, 2022 | 82.32% |
| Mar 31, 2022 | 83.13% |
| Dec 31, 2021 | 86.03% |
| Sep 30, 2021 | 83.94% |
API Access
Mimedx 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=MDXG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDXG", "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=MDXG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();