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| Date | Value |
|---|---|
| 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% |