Picard Medical (PMI) Gross Margin (2024 - 2026)
Picard Medical (PMI) recorded Gross Margin of 20.85% in Q2 2026, up 26.81 percentage points from -5.96% a year earlier but down 3.06 percentage points from the prior quarter.
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Analysis
Picard Medical (PMI) Gross Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Picard Medical's Gross Margin came in at 18.60% as of Jun 30, 2026, up 41.48 percentage points year-over-year; for FY2025, it came in at -4.13%, down 1.58 percentage points from FY2024.
- Across earlier years, Gross Margin came in at -2.55% in FY2024.
- Quarterly Gross Margin has ranged from -76.39% in Q3 2024 to 40.73% in Q4 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +49.49 percentage points over the last five quarters.
- Per Business Quant, the preceding three quarters came in at 23.91% (Q1 2026), 40.73% (Q4 2025) and -10.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Picard Medical | 8.53 Mn | 8.53 Mn | 616,000.00 | 20.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.85% |
| 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% |
API Access
Picard Medical Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();