Sanara MedTech (SMTI) Gross Margin (2010 - 2026)

Sanara MedTech (SMTI) posted Gross Margin of 93.08% for Q1 2026, little changed on a QoQ basis from 93.19% in Q4 2025, and up 91.0% year-over-year from 48.73% in Q1 2025.

Sanara MedTech (SMTI) Gross Margin (2010 - 2026) Analysis & Trends

Sanara MedTech's Gross Margin history runs 16 years deep, the most recent figure standing at 93.08% for Q1 2026.

  • Quarterly Gross Margin rose 91.0% year-over-year to 93.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 92.92% (up 175.0% YoY) and the FY2025 annual result came in at 92.71%, up 210.0% from the prior year.
  • Gross Margin was 93.08% for Q1 2026 at Sanara MedTech, roughly flat from 93.19% in the prior quarter.
  • Across five years, Gross Margin topped out at 93.19% in Q4 2025 and bottomed at 82.92% in Q3 2022.
  • A 5-year average of 89.68% and a median of 90.04% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin tumbled 820 bps — and 2023, when it jumped 616 bps.
  • Sanara MedTech's Gross Margin stood at 84.53% in 2022, then rose by 6 bps to 89.89% in 2023, then advanced by 2 bps to 91.45% in 2024, then rose by 2 bps to 93.19% in 2025, then fell by 0 bps to 93.08% in 2026.
  • Business Quant data shows SMTI's Gross Margin at 93.08% in Q1 2026, 93.19% in Q4 2025, and 92.88% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 56.80%
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 67.78%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 45.69%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 25.04%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 62.25%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 37.74%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 68.00%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 54.66%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 70.82%
10 Sanara MedTech 233.71 Mn 220.11 Mn 25.87 Mn 93.08%

Historic Data

Download Data
DateValue
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%