Myomo (MYO) Gross Margin (2016 - 2025)

Myomo (MYO) reported Gross Margin of 63.84% for Q3 2025, down 1159.0% on a YoY basis from 6.03% in Q3 2024, and up 1.82% quarter-over-quarter from 62.7% in Q2 2025.

Myomo (MYO) Gross Margin (2016 - 2025) Analysis & Trends

Myomo has reported Gross Margin for 10 years, with the latest figure at 63.84% in Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin fell 1159.0% year-over-year to 63.84%; the trailing twelve-month figure through Sep 2025 stood at 66.56% (down 347.0% YoY), and the FY2024 full-year result was 71.23%, up 272.0% from the prior year.
  • Gross Margin for Q3 2025 stood at 63.84%, up from 62.7% in the prior quarter.
  • The five-year high for Gross Margin was 77.45% in Q4 2021, with the low at 61.24% in Q1 2024.
  • Historically, Gross Margin has averaged 68.69% across 5 years, with a median of 67.23% in 2025.
  • Annual changes were most pronounced in 2021 — Gross Margin jumped 1974 bps — and 2022, when it plunged 1243 bps.
  • Myomo's Gross Margin stood at 77.45% in 2021, then dropped by 16 bps to 65.02% in 2022, then rose by 0 bps to 65.28% in 2023, then climbed by 9 bps to 71.39% in 2024, then slipped by 11 bps to 63.84% in 2025.
  • The last three Gross Margin figures came in at 63.84% (Q3 2025), 62.7% (Q2 2025), and 67.23% (Q1 2025), per Business Quant data.

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 Myomo 49.44 Mn 31.04 Mn - -

Historic Data

Download Data
DateValue
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%