Treace Medical Concepts (TMCI) Gross Margin (2020 - 2026)
Treace Medical Concepts (TMCI) posted Gross Margin of 78.47% for Q2 2026, down 1.20 percentage points from 79.67% a year earlier and down 0.78 percentage points from the prior quarter.
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Analysis
Treace Medical Concepts (TMCI) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Treace Medical Concepts was 79.45%, down 0.67 percentage points year-over-year; for FY2025, it came in at 79.81%, down 0.56 percentage points from FY2024.
- Annual Gross Margin has declined for four consecutive years, though with a five-year change of +1.55 percentage points (FY2020 to FY2025).
- In prior years, Treace Medical Concepts' Gross Margin was 80.37% in FY2024 (-0.83 pp), 81.20% in FY2023 (-0.80 pp), 82.00% in FY2022 (-0.11 pp) and 82.11% in FY2021 (+3.85 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q2 2020.
- On a year-over-year basis, Gross Margin has declined in each of the last 15 quarters, with an average year-over-year change of -0.62 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 5.03 percentage points; the weakest was Q4 2022, with a drop of 2.07 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 79.26% (Q1 2026), 80.62% (Q4 2025) and 79.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | 46.46% |
| 10 | Treace Medical Concepts | 281.60 Mn | 78.34 Mn | 35.61 Mn | 78.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.47% |
| 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% |
API Access
Treace Medical Concepts 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=TMCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TMCI", "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=TMCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();