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| 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% |