Tenon Medical (TNON) Net Margin (2021 - 2026)
Tenon Medical's Net Margin came in at -316.65% for Q2 2026, up 174.30 percentage points from -490.96% a year earlier but down 64.59 percentage points from the prior quarter.
Tenon Medical (TNON) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tenon Medical reported Net Margin of -257.85%, up 171.60 percentage points year-over-year; for FY2025, it came in at -318.36%, up 98.88 percentage points from FY2024.
- Net Margin has increased in each of the last four years, with a four-year change of +4086.64 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was -417.24% in FY2024 (+114.90 pp), -532.14% in FY2023 (+2205.49 pp), -2737.63% in FY2022 (+1667.37 pp) and -4405.00% in FY2021.
- The five-year range for quarterly Net Margin is -5362.26% (Q4 2021) to -191.22% (Q4 2025).
- Year-over-year, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +77.28 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q2 2022 (a gain of 3503.00 percentage points), and the weakest in Q1 2022 (a drop of 1980.75 percentage points).
- Business Quant data shows TNON's Net Margin at -252.07% (Q1 2026), -191.22% (Q4 2025) and -284.65% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 14.18% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 7.07% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 18.84% |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 17.15% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 11.55% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 11.33% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 17.92% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 7.57% |
| 10 | Tenon Medical | 615,000.00 | -12.87 Mn | 814,000.00 | -316.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -316.65% |
| Mar 31, 2026 | -252.07% |
| Dec 31, 2025 | -191.22% |
| Sep 30, 2025 | -284.65% |
| Jun 30, 2025 | -490.96% |
| Mar 31, 2025 | -498.07% |
| Dec 31, 2024 | -400.91% |
| Sep 30, 2024 | -358.96% |
| Jun 30, 2024 | -424.64% |
| Mar 31, 2024 | -497.36% |
| Dec 31, 2023 | -387.87% |
| Sep 30, 2023 | -352.97% |
| Jun 30, 2023 | -576.72% |
| Mar 31, 2023 | -1,115.47% |
| Dec 31, 2022 | -2,853.79% |
| Sep 30, 2022 | -1,524.52% |
| Jun 30, 2022 | -4,065.19% |
| Mar 31, 2022 | -3,314.08% |
| Dec 31, 2021 | -5,362.26% |
| Sep 30, 2021 | -3,344.29% |
Tenon Medical Net 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=net-margin&ticker=TNON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TNON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TNON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();