Tenon Medical (TNON) Gross Margin (2021 - 2026)
Tenon Medical's (TNON) quarterly Gross Margin came in at 68.53% in Q1 2026, up 2404.0% year-on-year from 2.74% in Q1 2025, and little changed quarter-over-quarter from 68.67% in Q4 2025.
Tenon Medical (TNON) Gross Margin (2021 - 2026) Analysis & Trends
Tenon Medical's Gross Margin history runs 6 years deep, the most recent figure standing at 68.53% for Q1 2026.
- On a quarterly basis, Gross Margin rose 2404.0% year-over-year to 68.53% in Q1 2026; TTM through Mar 2026 was 64.82%, a 1720.0% increase from a year earlier, with the FY2025 full-year figure at 59.79%, up 757.0% from the prior year.
- Gross Margin steadied at 68.53% in Q1 2026 per TNON's latest filing, from 68.67% in the prior quarter.
- Across five years, Gross Margin topped out at 69.18% in Q4 2023 and bottomed at 287.32% in Q1 2022.
- The 5-year median for Gross Margin is 45.84% (2024), against an average of 7.92%.
- Across the five-year window, Gross Margin tumbled 31399 bps in 2022 and soared 27647 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 74.73% in 2022, then soared by 193 bps to 69.18% in 2023, then sank by 34 bps to 45.84% in 2024, then jumped by 50 bps to 68.67% in 2025, then fell by 0 bps to 68.53% in 2026.
- Per Business Quant, the three latest TNON Gross Margin figures stand at 68.53% (Q1 2026), 68.67% (Q4 2025), and 65.9% (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 62.95% |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 38.53% |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 45.22% |
| 10 | Tenon Medical | 2,058.66 | -4.60 Mn | 945,000.00 | 68.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 68.53% |
| Dec 31, 2025 | 68.67% |
| Sep 30, 2025 | 65.90% |
| Jun 30, 2025 | 43.44% |
| Mar 31, 2025 | 44.49% |
| Dec 31, 2024 | 45.84% |
| Sep 30, 2024 | 47.13% |
| Jun 30, 2024 | 52.16% |
| Mar 31, 2024 | 65.37% |
| Dec 31, 2023 | 69.18% |
| Sep 30, 2023 | 56.67% |
| Jun 30, 2023 | 26.11% |
| Mar 31, 2023 | -10.85% |
| Dec 31, 2022 | -74.73% |
| Sep 30, 2022 | -45.19% |
| Jun 30, 2022 | -100.74% |
| Mar 31, 2022 | -287.32% |
| Dec 31, 2021 | 67.92% |
| Sep 30, 2021 | 74.29% |
| Jun 30, 2021 | 59.09% |