Profound Medical (PROF) Gross Margin (2024 - 2026)
Profound Medical (PROF) posted Gross Margin of 78.41% for Q2 2026, up 9.21% on a QoQ basis from 71.8% in Q1 2026, and up 523.0% year-over-year from 12.59% in Q2 2025.
Analysis
Profound Medical (PROF) Gross Margin (2024 - 2026) Analysis & Trends
Profound Medical has reported Gross Margin for 3 years, with the latest figure at 78.41% in Q2 2026.
- On a quarterly basis, Gross Margin rose 523.0% year-over-year to 78.41% in Q2 2026; TTM through Jun 2026 was 71.79%, a 235.0% increase from a year earlier, with the FY2025 full-year figure at 70.77%, up 488.0% from the prior year.
- Gross Margin was 78.41% for Q2 2026 at Profound Medical, up from 71.8% in the prior quarter.
- The five-year high for Gross Margin was 78.41% in Q2 2026, with the low at 60.18% in Q1 2024.
- Average Gross Margin over 3 years is 69.31%, with a median of 70.81% recorded in 2024.
- The largest YoY upside for Gross Margin was 1119 bps in 2025 against a maximum downside of 416 bps in 2025.
- Over 3 years, Gross Margin stood at 70.93% in 2024, then declined by 6 bps to 66.77% in 2025, then gained by 17 bps to 78.41% in 2026.
- The last three Gross Margin figures came in at 78.41% (Q2 2026), 71.8% (Q1 2026), and 66.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 45.84% |
| 10 | Profound Medical | 246.82 Mn | 208.55 Mn | 1.95 Mn | 78.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.41% |
| 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 | 63.14% |
| Jun 30, 2024 | 63.64% |
| Mar 31, 2024 | 60.18% |