Tenon Medical, Inc. (TNON) Gross Margin (2021 - 2026)
Tenon Medical (TNON) posted quarterly Gross Margin of 68.53% for Q1 2026, up 2404.0% year-over-year from 2.74% in Q1 2025, and little changed quarter-over-quarter from 68.67% in Q4 2025.
Tenon Medical, Inc. (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.
- In Q1 2026, Gross Margin rose 2404.0% year-over-year to 68.53%; the TTM figure through Mar 2026 stood at 64.82% (up 1720.0% YoY), while the FY2025 annual figure was 59.79%, up 757.0% from the prior year.
- Gross Margin for Q1 2026 stood at 68.53%, roughly flat from 68.67% 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.
- The 5-year median for Gross Margin is 45.84% (2024), against an average of 7.92%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 31399 bps in 2022, then soared 27647 bps in 2023.
- Tenon Medical's Gross Margin stood at 74.73% in 2022, then surged by 193 bps to 69.18% in 2023, then slumped by 34 bps to 45.84% in 2024, then soared by 50 bps to 68.67% in 2025, then declined by 0 bps to 68.53% in 2026.
- Business Quant data shows TNON's Gross Margin at 68.53% in Q1 2026, 68.67% in Q4 2025, and 65.9% in Q3 2025.
Peer Comparison
Historic Data
Download 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% |