Tenon Medical (TNON) Gross Margin (2021 - 2026)
Tenon Medical (TNON) posted Gross Margin of 63.64% for Q2 2026, down 7.13% on a QoQ basis from 68.53% in Q1 2026, and up 2020.0% year-over-year from 3.0% in Q2 2025.
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Tenon Medical (TNON) Gross Margin (2021 - 2026) Analysis & Trends
Tenon Medical has reported Gross Margin for 6 years, with the latest figure at 63.64% in Q2 2026.
- On a quarterly basis, Gross Margin rose 2020.0% year-over-year to 63.64% in Q2 2026; TTM through Jun 2026 was 66.81%, a 2137.0% increase from a year earlier, with the FY2025 full-year figure at 59.79%, up 757.0% from the prior year.
- Gross Margin was 63.64% for Q2 2026 at Tenon Medical, down from 68.53% in the prior quarter.
- The five-year high for Gross Margin was 69.18% in Q4 2023, with the low at 287.32% in Q1 2022.
- Average Gross Margin over 5 years is 11.02%, with a median of 46.48% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 31399 bps in 2022, then surged 27647 bps in 2023.
- Over 5 years, Gross Margin stood at 74.73% in 2022, then jumped by 193 bps to 69.18% in 2023, then slumped by 34 bps to 45.84% in 2024, then surged by 50 bps to 68.67% in 2025, then decreased by 7 bps to 63.64% in 2026.
- The last three Gross Margin figures came in at 63.64% (Q2 2026), 68.53% (Q1 2026), and 68.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 45.84% |
| 10 | Tenon Medical | 1.22 Mn | -456,839.99 | 814,000.00 | 63.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.64% |
| 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% |