Nano-X Imaging (NNOX) Gross Margin (2022 - 2026)
Nano-X Imaging's (NNOX) quarterly Gross Margin came in at 60.03% in Q1 2026, up 4828.0% on a YoY basis from 1.22% in Q1 2025, and up 38.27% quarter-over-quarter from 97.26% in Q4 2025.
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Nano-X Imaging (NNOX) Gross Margin (2022 - 2026) Analysis & Trends
Nano-X Imaging (NNOX) has reported Gross Margin for 5 consecutive years, with 60.03% the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 4828.0% year-over-year to 60.03%; the trailing twelve-month figure through Mar 2026 stood at 84.91% (up 1560.0% YoY), and the FY2025 full-year result was 98.21%, down 418.0% from the prior year.
- Gross Margin grew to 60.03% in Q1 2026 per NNOX's latest filing, from 97.26% 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.
- Historically, Gross Margin has averaged 83.83% across 5 years, with a median of 81.94% in 2022.
- The sharpest annual moves came in 2024 and 2026: Gross Margin tumbled 4021 bps in 2024, then soared 4828 bps in 2026.
- Over 5 years, Gross Margin stood at 81.94% in 2022, then gained by 13 bps to 71.59% in 2023, then plunged by 35 bps to 96.33% in 2024, then dropped by 1 bps to 97.26% in 2025, then soared by 38 bps to 60.03% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 60.03%, 97.26%, and 83.61% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 31.10 Bn | 29.22 Bn | 2.18 Bn | 41.17% |
| 2 | Lantheus Holdings | 6.59 Bn | 6.00 Bn | 241.86 Mn | 62.30% |
| 3 | Heartflow | 4.24 Bn | 3.87 Bn | 53.19 Mn | 83.00% |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | 47.85% |
| 5 | Butterfly Network | 1.75 Bn | 1.62 Bn | 23.29 Mn | 71.41% |
| 6 | QuidelOrtho | 954.15 Mn | 830.75 Mn | - | - |
| 7 | Ceribell | 944.88 Mn | 815.62 Mn | 25.94 Mn | 92.32% |
| 8 | Anbio Biotechnology | 941.05 Mn | 929.15 Mn | - | - |
| 9 | Varex Imaging | 780.16 Mn | 694.86 Mn | 76.70 Mn | 36.44% |
| 10 | Nano-X Imaging | 57.76 Mn | 13.54 Mn | -2.59 Mn | -60.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -60.03% |
| 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% |