Tenon Medical (TNON) Operating Margin (2021 - 2026)
Tenon Medical (TNON) posted Operating Margin of -262.24% for Q2 2026, up 244.32 percentage points from -506.56% a year earlier but down 24.38 percentage points from the prior quarter.
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Tenon Medical (TNON) Operating Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Tenon Medical was -242.70%, up 195.78 percentage points year-over-year; for FY2025, it was -324.34%, up 95.74 percentage points from FY2024.
- Annual Operating Margin has increased for four consecutive years, with a four-year change of +3713.78 percentage points (FY2021 to FY2025).
- In prior years, Tenon Medical's Operating Margin was -420.08% in FY2024 (+117.04 pp), -537.12% in FY2023 (+2172.72 pp), -2709.84% in FY2022 (+1328.28 pp) and -4038.13% in FY2021.
- Quarterly Operating Margin has run from a low of -4833.96% in Q4 2021 to a high of -193.52% in Q4 2025 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last four quarters, with an average year-over-year change of +85.15 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2023, with a gain of 3459.79 percentage points; the weakest was Q1 2022, with a drop of 1668.17 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -237.85% (Q1 2026), -193.52% (Q4 2025) and -289.17% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 13.31% |
| 10 | Tenon Medical | 895,440.01 | -12.59 Mn | 814,000.00 | -262.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -262.24% |
| Mar 31, 2026 | -237.85% |
| Dec 31, 2025 | -193.52% |
| Sep 30, 2025 | -289.17% |
| Jun 30, 2025 | -506.56% |
| Mar 31, 2025 | -506.47% |
| Dec 31, 2024 | -412.08% |
| Sep 30, 2024 | -362.46% |
| Jun 30, 2024 | -429.74% |
| Mar 31, 2024 | -487.62% |
| Dec 31, 2023 | -388.74% |
| Sep 30, 2023 | -357.84% |
| Jun 30, 2023 | -581.70% |
| Mar 31, 2023 | -1,128.41% |
| Dec 31, 2022 | -2,862.09% |
| Sep 30, 2022 | -1,568.27% |
| Jun 30, 2022 | -4,041.48% |
| Mar 31, 2022 | -2,928.17% |
| Dec 31, 2021 | -4,833.96% |
| Sep 30, 2021 | -2,995.71% |
API Access
Tenon Medical Operating 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=operating-margin&ticker=TNON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TNON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();