Myomo (MYO) Gross Margin (2016 - 2025)
Myomo's (MYO) quarterly Gross Margin came in at 63.84% in Q3 2025, down 1159.0% YoY from 6.03% in Q3 2024, and up 1.82% on a QoQ basis from 62.7% in Q2 2025.
Myomo (MYO) Gross Margin (2016 - 2025) Analysis & Trends
Myomo (MYO) has 10 years of Gross Margin data on file, last reported at 63.84% in 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 advanced to 63.84% in Q3 2025, from 62.7% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 77.45% in Q4 2021 to a low of 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 plunged 1243 bps.
- Tracing MYO's Gross Margin over 5 years: 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Myomo | 73.79 Mn | 54.83 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% |