Sanara MedTech (SMTI) Gross Margin (2010 - 2026)
Sanara MedTech (SMTI) posted Gross Margin of 93.08% for Q1 2026, up 0.91 percentage points from 92.17% a year earlier but down 0.11 percentage points from the prior quarter.
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Sanara MedTech (SMTI) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Gross Margin at Sanara MedTech was 92.92%, up 1.75 percentage points year-over-year; for FY2025, it was 92.71%, up 2.10 percentage points from FY2024.
- Annual Gross Margin has increased for three consecutive years, with a five-year change of +3.08 percentage points (FY2020 to FY2025).
- In prior years, Sanara MedTech's Gross Margin was 90.61% in FY2024 (+2.69 pp), 87.92% in FY2023 (+1.79 pp), 86.12% in FY2022 (-4.30 pp) and 90.43% in FY2021 (+0.80 pp).
- Quarterly Gross Margin has run from a low of 82.92% in Q3 2022 to a high of 93.19% in Q4 2025 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last 11 quarters, with an average year-over-year change of +2.10 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 6.16 percentage points; the weakest was Q3 2022, with a drop of 8.20 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 93.19% (Q4 2025), 92.88% (Q3 2025) and 92.50% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 46.46% |
| 10 | Sanara MedTech | 322.60 Mn | 322.60 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 93.08% |
| Dec 31, 2025 | 93.19% |
| Sep 30, 2025 | 92.88% |
| Jun 30, 2025 | 92.50% |
| Mar 31, 2025 | 92.17% |
| Dec 31, 2024 | 91.45% |
| Sep 30, 2024 | 90.81% |
| Jun 30, 2024 | 90.04% |
| Mar 31, 2024 | 89.80% |
| Dec 31, 2023 | 89.89% |
| Sep 30, 2023 | 89.07% |
| Jun 30, 2023 | 86.11% |
| Mar 31, 2023 | 86.31% |
| Dec 31, 2022 | 84.53% |
| Sep 30, 2022 | 82.92% |
| Jun 30, 2022 | 90.09% |
| Mar 31, 2022 | 89.69% |
| Dec 31, 2021 | 88.87% |
| Sep 30, 2021 | 91.11% |
| Jun 30, 2021 | 91.45% |
API Access
Sanara MedTech 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=SMTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMTI", "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=SMTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();