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
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%