Picard Medical (PMI) Gross Margin (2024 - 2026)
Picard Medical's (PMI) quarterly Gross Margin came in at 23.91% in Q1 2026, up 8165.0% YoY from 0.29% in Q1 2025, and down 41.29% on a QoQ basis from 40.73% in Q4 2025.
Picard Medical (PMI) Gross Margin (2024 - 2026) Analysis & Trends
Picard Medical (PMI) has 3 years of Gross Margin data on file, last reported at 23.91% in 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 declined to 23.91% in Q1 2026, from 40.73% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.73% in Q4 2025 to a low of 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.
- Tracing PMI's Gross Margin over 3 years: stood at 16.27% in 2024, then surged by 150 bps to 40.73% in 2025, then sank by 41 bps to 23.91% in 2026.
- The last three Gross Margin figures came in at 23.91% (Q1 2026), 40.73% (Q4 2025), and 10.95% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 45.84% |
| 10 | Picard Medical | 4.51 Mn | 4.51 Mn | 275,000.00 | 23.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |