Myomo (MYO) Gross Margin (2016 - 2025)
Myomo (MYO) posted Gross Margin of 63.84% for Q3 2025, down 11.59 percentage points from 75.43% a year earlier but up 1.14 percentage points from the prior quarter.
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Analysis
Myomo (MYO) Gross Margin (2016 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Gross Margin at Myomo was 66.56%, down 3.47 percentage points year-over-year; for FY2024, it was 71.23%, up 2.72 percentage points from FY2023.
- Annual Gross Margin shows a five-year change of +8.25 percentage points (FY2019 to FY2024).
- In prior years, Myomo's Gross Margin was 68.51% in FY2023 (+2.60 pp), 65.91% in FY2022 (-8.51 pp), 74.42% in FY2021 (+8.71 pp) and 65.71% in FY2020 (+2.73 pp).
- Quarterly Gross Margin has run from a low of 61.24% in Q1 2024 to a high of 77.45% in Q4 2021 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -0.92 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2021, with a gain of 19.74 percentage points; the weakest was Q4 2022, with a drop of 12.43 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 62.70% (Q2 2025), 67.23% (Q1 2025) and 71.39% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Myomo | 58.80 Mn | -614,275.30 | - | - |
Historic Data
Download Data
Historic 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% |
API Access
Myomo 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=MYO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MYO", "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=MYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();