Profound Medical (PROF) Gross Margin (2024 - 2026)
Profound Medical (PROF) recorded quarterly Gross Margin of 71.8% in Q1 2026, up 7.53% quarter-over-quarter from 66.77% in Q4 2025, and up 110.0% on a YoY basis from 34.19% in Q1 2025.
Profound Medical (PROF) Gross Margin (2024 - 2026) Analysis & Trends
Profound Medical's Gross Margin history runs 3 years deep, the most recent figure standing at 71.8% for Q1 2026.
- In Q1 2026, Gross Margin rose 110.0% year-over-year to 71.8%; the TTM figure through Mar 2026 stood at 71.07% (up 2.0% YoY), while the FY2025 annual figure was 70.77%, up 488.0% from the prior year.
- Gross Margin was 71.8% for Q1 2026 at Profound Medical, up from 66.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 74.32% in Q3 2025 to a low of 60.18% in Q1 2024.
- Historically, Gross Margin has averaged 70.11% across 3 years, with a median of 70.93% in 2024.
- Biggest YoY gain for Gross Margin was 1052 bps in 2025; the steepest drop was 416 bps in 2025.
- A 3-year view of Gross Margin shows it stood at 70.93% in 2024, then dropped by 6 bps to 66.77% in 2025, then gained by 8 bps to 71.8% in 2026.
- The last three Gross Margin figures came in at 71.8% (Q1 2026), 66.77% (Q4 2025), and 74.32% (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 | 152.92 Bn | 146.27 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 78.01% |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 38.53% |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 62.95% |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 43.89% |
| 10 | Profound Medical | 240.29 Mn | 190.00 Mn | 3.83 Mn | 71.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 71.80% |
| Dec 31, 2025 | 66.77% |
| Sep 30, 2025 | 74.32% |
| Jun 30, 2025 | 73.18% |
| Mar 31, 2025 | 70.70% |
| Dec 31, 2024 | 70.93% |
| Sep 30, 2024 | 70.34% |
| Jun 30, 2024 | 72.76% |
| Mar 31, 2024 | 60.18% |