Picard Medical (PMI) Gross Margin (2024 - 2026)

Picard Medical (PMI) posted Gross Margin of 23.91% for Q1 2026, down 41.29% on a QoQ basis from 40.73% in Q4 2025, and up 8165.0% year-over-year from 0.29% in Q1 2025.

Picard Medical (PMI) Gross Margin (2024 - 2026) Analysis & Trends

Picard Medical's Gross Margin history runs 3 years deep, the most recent figure standing at 23.91% for Q1 2026.

  • Quarterly Gross Margin rose 8165.0% year-over-year to 23.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.83% (up 4996.0% YoY) and the FY2025 annual result came in at 4.13%, down 158.0% from the prior year.
  • Gross Margin was 23.91% for Q1 2026 at Picard Medical, down from 40.73% in the prior quarter.
  • Across five years, Gross Margin topped out at 40.73% in Q4 2025 and bottomed at 76.39% in Q3 2024.
  • A 3-year average of 15.65% and a median of 8.46% in 2025 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2025 — Gross Margin jumped 2447 bps — and 2026, when it soared 8165 bps.
  • Picard Medical's Gross Margin stood at 16.27% in 2024, then jumped by 150 bps to 40.73% in 2025, then tumbled by 41 bps to 23.91% in 2026.
  • Business Quant data shows PMI's Gross Margin at 23.91% in Q1 2026, 40.73% in Q4 2025, and 10.95% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn 56.20%
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 63.29%
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 65.35%
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 78.01%
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 62.95%
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 38.53%
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 45.22%
10 Picard Medical 6.70 Mn 6.70 Mn 275,000.00 23.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.91%
Dec 31, 2025 40.73%
Sep 30, 2025 -10.95%
Jun 30, 2025 -5.96%
Mar 31, 2025 -57.74%
Dec 31, 2024 16.27%
Sep 30, 2024 -76.39%
Jun 30, 2024 -55.04%