Treace Medical Concepts (TMCI) Gross Margin (2020 - 2026)
Treace Medical Concepts posted quarterly Gross Margin of 79.26% for Q1 2026, down 43.0% year-on-year from 139.04% in Q1 2025, and down 1.69% on a QoQ basis from 80.62% in Q4 2025.
Treace Medical Concepts (TMCI) has 7 years of Gross Margin data on file, last reported at 79.26% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 43.0% year-over-year to 79.26%; the trailing twelve-month figure through Mar 2026 stood at 79.72% (down 53.0% YoY), and the FY2025 full-year result was 79.81%, down 56.0% from the prior year.
- Gross Margin for Q1 2026 stood at 79.26%, down from 80.62% in the prior quarter.
- Across five years, Gross Margin topped out at 82.34% in Q2 2022 and bottomed at 79.07% in Q3 2025.
- The 5-year median for Gross Margin is 80.62% (2025), against an average of 80.73%.
- Peak annual rise in Gross Margin reached 144 bps in 2022, while the deepest fall reached 207 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 81.87% in 2022, then retreated by 0 bps to 81.56% in 2023, then slipped by 1 bps to 80.74% in 2024, then fell by 0 bps to 80.62% in 2025, then dropped by 2 bps to 79.26% in 2026.
- The last three Gross Margin figures came in at 79.26% (Q1 2026), 80.62% (Q4 2025), and 79.07% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Treace Medical Concepts | 234.79 Mn | 182.94 Mn | 37.41 Mn | 79.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.26% |
| Dec 31, 2025 | 80.62% |
| Sep 30, 2025 | 79.07% |
| Jun 30, 2025 | 79.67% |
| Mar 31, 2025 | 79.69% |
| Dec 31, 2024 | 80.74% |
| Sep 30, 2024 | 80.14% |
| Jun 30, 2024 | 80.25% |
| Mar 31, 2024 | 80.19% |
| Dec 31, 2023 | 81.56% |
| Sep 30, 2023 | 80.38% |
| Jun 30, 2023 | 81.71% |
| Mar 31, 2023 | 80.95% |
| Dec 31, 2022 | 81.87% |
| Sep 30, 2022 | 81.58% |
| Jun 30, 2022 | 82.34% |
| Mar 31, 2022 | 82.34% |
| Dec 31, 2021 | 83.94% |
| Sep 30, 2021 | 80.35% |
| Jun 30, 2021 | 80.90% |
| Mar 31, 2021 | 82.22% |
| Dec 31, 2020 | 78.91% |
| Sep 30, 2020 | 79.59% |
| Jun 30, 2020 | 73.06% |
| Mar 31, 2020 | 78.78% |