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| 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% |