Picard Medical (PMI) Gross Margin (2024 - 2026)
Picard Medical posted quarterly Gross Margin of 23.91% for Q1 2026, up 8165.0% year-on-year from 0.29% in Q1 2025, and down 41.29% on a QoQ basis from 40.73% in Q4 2025.
Picard Medical (PMI) has 3 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 40.73% in Q4 2025 and bottomed at 76.39% in Q3 2024.
- The 3-year median for Gross Margin is 8.46% (2025), against an average of 15.65%.
- The widest annual swing landed in 2025, when Gross Margin jumped 2447 bps; it then soared 8165 bps in 2026.
- A 3-year view of Gross Margin shows it stood at 16.27% in 2024, then soared by 150 bps to 40.73% in 2025, then plunged 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.
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 | Picard Medical | 12.10 Mn | 12.10 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% |
| Dec 31, 2024 | 16.27% |
| Sep 30, 2024 | -76.39% |
| Jun 30, 2024 | -55.04% |