Myomo (MYO) Gross Margin (2016 - 2025)
Myomo (MYO) posted Gross Margin of 63.84% for Q3 2025, up 1.82% on a QoQ basis from 62.7% in Q2 2025, and down 1159.0% year-over-year from 6.03% in Q3 2024.
Myomo (MYO) Gross Margin (2016 - 2025) Analysis & Trends
Myomo's Gross Margin history runs 10 years deep, the most recent figure standing at 63.84% for Q3 2025.
- Quarterly Gross Margin fell 1159.0% year-over-year to 63.84% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 66.56% (down 347.0% YoY) and the FY2024 annual result came in at 71.23%, up 272.0% from the prior year.
- Gross Margin was 63.84% for Q3 2025 at Myomo, up from 62.7% in the prior quarter.
- Across five years, Gross Margin topped out at 77.45% in Q4 2021 and bottomed at 61.24% in Q1 2024.
- A 5-year average of 68.69% and a median of 67.23% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2021 — Gross Margin jumped 1974 bps — and 2022, when it tumbled 1243 bps.
- Myomo's Gross Margin stood at 77.45% in 2021, then fell by 16 bps to 65.02% in 2022, then advanced by 0 bps to 65.28% in 2023, then increased by 9 bps to 71.39% in 2024, then declined by 11 bps to 63.84% in 2025.
- Business Quant data shows MYO's Gross Margin at 63.84% in Q3 2025, 62.7% in Q2 2025, and 67.23% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Myomo | 39.24 Mn | 20.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 63.84% |
| Jun 30, 2025 | 62.70% |
| Mar 31, 2025 | 67.23% |
| Dec 31, 2024 | 71.39% |
| Sep 30, 2024 | 75.43% |
| Jun 30, 2024 | 70.81% |
| Mar 31, 2024 | 61.24% |
| Dec 31, 2023 | 65.28% |
| Sep 30, 2023 | 68.68% |
| Jun 30, 2023 | 71.85% |
| Mar 31, 2023 | 66.95% |
| Dec 31, 2022 | 65.02% |
| Sep 30, 2022 | 66.45% |
| Jun 30, 2022 | 65.29% |
| Mar 31, 2022 | 66.63% |
| Dec 31, 2021 | 77.45% |
| Sep 30, 2021 | 74.68% |
| Jun 30, 2021 | 70.96% |
| Mar 31, 2021 | 73.33% |
| Dec 31, 2020 | 73.42% |