Profound Medical (PROF) Gross Margin (2024 - 2026)

Profound Medical's (PROF) quarterly Gross Margin came in at 71.8% in Q1 2026, up 110.0% year-on-year from 34.19% in Q1 2025, and up 7.53% quarter-over-quarter from 66.77% in Q4 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.

  • On a quarterly basis, Gross Margin rose 110.0% year-over-year to 71.8% in Q1 2026; TTM through Mar 2026 was 71.95%, a 554.0% increase from a year earlier, with the FY2025 full-year figure at 70.77%, up 488.0% from the prior year.
  • Gross Margin improved to 71.8% in Q1 2026 per PROF's latest filing, from 66.77% in the prior quarter.
  • Across five years, Gross Margin topped out at 77.7% in Q3 2025 and bottomed at 59.65% in Q4 2024.
  • The 3-year median for Gross Margin is 71.04% (2024), against an average of 70.44%.
  • Biggest YoY gain for Gross Margin was 736 bps in 2025; the steepest drop was 34 bps in 2025.
  • Year by year, Gross Margin stood at 59.65% in 2024, then gained by 12 bps to 66.77% in 2025, then gained by 8 bps to 71.8% in 2026.
  • Per Business Quant, the three latest PROF Gross Margin figures stand at 71.8% (Q1 2026), 66.77% (Q4 2025), and 77.7% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 56.20%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 63.29%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 65.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 78.01%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 62.95%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 45.22%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 38.53%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Profound Medical 248.64 Mn 198.34 Mn 3.83 Mn 71.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 71.80%
Dec 31, 2025 66.77%
Sep 30, 2025 77.70%
Jun 30, 2025 73.18%
Mar 31, 2025 70.70%
Dec 31, 2024 59.65%
Sep 30, 2024 70.34%
Jun 30, 2024 72.76%
Mar 31, 2024 71.04%