Nano-X Imaging (NNOX) Gross Margin (2022 - 2025)
Nano-X Imaging posted quarterly Gross Margin of 97.26% for Q4 2025, down 92.0% year-on-year from 1215.72% in Q4 2024, and down 16.32% on a QoQ basis from 83.61% in Q3 2025.
Nano-X Imaging (NNOX) has 4 years of Gross Margin data on file, last reported at 97.26% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 92.0% year-over-year to 97.26%; the trailing twelve-month figure through Dec 2025 stood at 98.21% (down 418.0% YoY), and the FY2025 full-year result was 98.21%, down 418.0% from the prior year.
- Gross Margin for Q4 2025 stood at 97.26%, down from 83.61% in the prior quarter.
- Across five years, Gross Margin topped out at 59.84% in Q3 2022 and bottomed at 108.31% in Q1 2025.
- The 4-year median for Gross Margin is 82.78% (2022), against an average of 85.32%.
- The widest annual swing landed in 2023, when Gross Margin soared 4390 bps; it then plunged 4021 bps in 2024.
- A 4-year view of Gross Margin shows it stood at 81.94% in 2022, then rose by 13 bps to 71.59% in 2023, then sank by 35 bps to 96.33% in 2024, then slipped by 1 bps to 97.26% in 2025.
- The last three Gross Margin figures came in at 97.26% (Q4 2025), 83.61% (Q3 2025), and 106.58% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Nano-X Imaging | 126,664.45 | -59.48 Mn | -3.62 Mn | -97.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -97.26% |
| Sep 30, 2025 | -83.61% |
| Jun 30, 2025 | -106.58% |
| Mar 31, 2025 | -108.31% |
| Dec 31, 2024 | -96.33% |
| Sep 30, 2024 | -92.77% |
| Jun 30, 2024 | -105.71% |
| Mar 31, 2024 | -80.45% |
| Dec 31, 2023 | -71.59% |
| Sep 30, 2023 | -67.04% |
| Jun 30, 2023 | -65.49% |
| Mar 31, 2023 | -62.24% |
| Dec 31, 2022 | -81.94% |
| Sep 30, 2022 | -59.84% |
| Jun 30, 2022 | -79.77% |
| Mar 31, 2022 | -106.14% |