Profound Medical (PROF) Gross Margin (2018 - 2026)
Profound Medical (PROF) recorded Gross Margin of 78.41% in Q2 2026, up 5.23 percentage points from 73.18% a year earlier and up 6.61 percentage points from the prior quarter.
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Analysis
Profound Medical (PROF) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Profound Medical's Gross Margin came in at 71.79% as of Jun 30, 2026, up 2.35 percentage points year-over-year; for FY2025, it was 70.77%, up 4.88 percentage points from FY2024.
- Annual Gross Margin has increased for four straight years, with a five-year change of +23.21 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 65.89% in FY2024 (+5.99 pp), 59.90% in FY2023 (+14.68 pp), 45.22% in FY2022 (+2.27 pp) and 42.95% in FY2021 (-4.61 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin in data going back to Q1 2024.
- On a year-over-year basis, Gross Margin rose in five of the last six quarters, with an average year-over-year change of +5.57 percentage points.
- Per Business Quant, the preceding three quarters came in at 71.80% (Q1 2026), 66.77% (Q4 2025) and 74.32% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 78.48% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 24.50% |
| 10 | Profound Medical | 281.29 Mn | 99.66 Mn | 7.68 Mn | 78.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 78.13% |
| 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% |
| Dec 31, 2023 | 49.23% |
| Sep 30, 2023 | 61.34% |
| Jun 30, 2023 | 65.54% |
| Mar 31, 2023 | 65.22% |
| Dec 31, 2022 | 44.47% |
| Sep 30, 2022 | 53.56% |
| Jun 30, 2022 | 46.22% |
| Mar 31, 2022 | 31.96% |
| Dec 31, 2021 | 49.80% |
API Access
Profound 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=PROF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PROF", "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=PROF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();