Picard Medical (PMI) Gross Margin (2024 - 2026)
Picard Medical (PMI) reported Gross Margin of 23.91% for Q1 2026, up 8165.0% on a YoY basis from 0.29% in Q1 2025, and down 41.29% quarter-over-quarter from 40.73% in Q4 2025.
Picard Medical (PMI) Gross Margin (2024 - 2026) Analysis & Trends
Picard Medical has reported Gross Margin for 3 years, with the latest figure at 23.91% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 8165.0% year-over-year to 23.91%; the trailing twelve-month figure through Mar 2026 stood at 7.83% (up 4996.0% YoY), and the FY2025 full-year result was 4.13%, down 158.0% from the prior year.
- Gross Margin for Q1 2026 stood at 23.91%, down from 40.73% in the prior quarter.
- The five-year high for Gross Margin was 40.73% in Q4 2025, with the low at 76.39% in Q3 2024.
- Historically, Gross Margin has averaged 15.65% across 3 years, with a median of 8.46% in 2025.
- 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 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 | 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 | Picard Medical | 13.47 Mn | 13.47 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% |