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| 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% |