Mimedx (MDXG) Gross Margin (2011 - 2026)
Mimedx's (MDXG) quarterly Gross Margin came in at 68.96% in Q2 2026, down 1210.0% year-over-year from 6.21% in Q2 2025, and down 2.27% quarter-over-quarter from 70.56% in Q1 2026.
Analysis
Mimedx (MDXG) Gross Margin (2011 - 2026) Analysis & Trends
Mimedx has disclosed Gross Margin across 16 years of filings, most recently posting 68.96% for Q2 2026.
- In Q2 2026, Gross Margin fell 1210.0% year-over-year to 68.96%; the TTM figure through Jun 2026 stood at 78.85% (down 260.0% YoY), while the FY2025 annual figure was 82.56%, down 22.0% from the prior year.
- Gross Margin came in at 68.96% for Q2 2026 at Mimedx, down from 70.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 84.67% in Q1 2024 to a low of 68.96% in Q2 2026.
- Average Gross Margin over 5 years is 81.14%, with a median of 82.16% recorded in 2022.
- Year-over-year, Gross Margin surged 338 bps in 2023 and sank 1210 bps in 2026.
- Over 5 years, Gross Margin stood at 80.68% in 2022, then grew by 4 bps to 84.06% in 2023, then decreased by 3 bps to 81.8% in 2024, then grew by 3 bps to 83.86% in 2025, then declined by 18 bps to 68.96% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 68.96% in Q2 2026, 70.56% in Q1 2026, and 83.86% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.94 Bn | 175.34 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 127.83 Bn | 122.62 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 116.96 Bn | 108.14 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 104.44 Bn | 100.97 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 63.87 Bn | 63.33 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.91 Bn | 45.65 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.06 Bn | 31.60 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.22 Bn | 30.27 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 20.68 Bn | 20.20 Bn | 684.20 Mn | 45.84% |
| 10 | Mimedx | 667.30 Mn | 531.46 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% |