Sanara MedTech (SMTI) Gross Margin (2010 - 2026)
Sanara MedTech posted quarterly Gross Margin of 93.08% for Q1 2026, up 91.0% year-on-year from 48.73% in Q1 2025, and little changed on a QoQ basis from 93.19% in Q4 2025.
Sanara MedTech (SMTI) has 16 years of Gross Margin data on file, last reported at 93.08% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 91.0% year-over-year to 93.08%; the trailing twelve-month figure through Mar 2026 stood at 92.92% (up 175.0% YoY), and the FY2025 full-year result was 92.71%, up 210.0% from the prior year.
- Gross Margin for Q1 2026 stood at 93.08%, 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.
- The 5-year median for Gross Margin is 90.04% (2024), against an average of 89.68%.
- The widest annual swing landed in 2022, when Gross Margin slumped 820 bps; it then jumped 616 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 84.53% in 2022, then increased by 6 bps to 89.89% in 2023, then gained by 2 bps to 91.45% in 2024, then increased by 2 bps to 93.19% in 2025, then declined by 0 bps to 93.08% in 2026.
- The last three Gross Margin figures came in at 93.08% (Q1 2026), 93.19% (Q4 2025), and 92.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 45.69% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 62.25% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 35.08% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 54.66% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 67.88% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 70.82% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 32.99% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 35.80% |
| 10 | Sanara MedTech | 203.69 Mn | 190.09 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% |
| Mar 31, 2021 | 90.53% |
| Dec 31, 2020 | 89.77% |
| Sep 30, 2020 | 89.60% |
| Jun 30, 2020 | 88.25% |
| Mar 31, 2020 | 49.20% |
| Dec 31, 2019 | 91.05% |
| Sep 30, 2019 | 90.20% |
| Jun 30, 2019 | 88.90% |
| Mar 31, 2019 | 88.37% |
| Dec 31, 2018 | 87.65% |
| Sep 30, 2018 | 86.17% |
| Jun 30, 2018 | 93.02% |
| Mar 31, 2018 | 89.25% |
| Dec 31, 2017 | 85.98% |
| Sep 30, 2017 | 85.15% |
| Jun 30, 2017 | 88.69% |
| Mar 31, 2017 | 89.18% |
| Dec 31, 2016 | 81.03% |
| Sep 30, 2016 | 84.99% |
| Jun 30, 2016 | 83.29% |
| Mar 31, 2016 | 82.59% |
| Dec 31, 2015 | 61.49% |
| Sep 30, 2015 | 78.23% |
| Jun 30, 2015 | 72.44% |
| Jun 30, 2013 | 44.74% |
| Mar 31, 2013 | 42.60% |
| Dec 31, 2012 | 36.92% |
| Sep 30, 2012 | 41.87% |
| Jun 30, 2012 | 28.24% |
| Mar 31, 2012 | -13.64% |
| Dec 31, 2011 | 72.94% |
| Sep 30, 2011 | -179.07% |
| Jun 30, 2011 | 62.82% |
| Mar 31, 2011 | 89.91% |
| Dec 31, 2010 | 68.79% |
| Sep 30, 2010 | -165.68% |
| Jun 30, 2010 | 75.28% |