Tenon Medical (TNONW) Gross Margin (2021 - 2026)
Tenon Medical (TNONW) recorded quarterly Gross Margin of 68.53% in Q1 2026, little changed quarter-over-quarter from 68.67% in Q4 2025, and up 2404.0% on a YoY basis from 2.74% in Q1 2025.
Tenon Medical (TNONW) 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 was 68.53% for Q1 2026 at Tenon Medical, roughly flat from 68.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 69.18% in Q4 2023 to a low of 287.32% in Q1 2022.
- Historically, Gross Margin has averaged 7.92% across 5 years, with a median of 45.84% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 31399 bps in 2022, then jumped 27647 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 74.73% in 2022, then soared by 193 bps to 69.18% in 2023, then tumbled 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.
- The last three Gross Margin figures came in at 68.53% (Q1 2026), 68.67% (Q4 2025), and 65.9% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Tenon Medical | - | - | 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% |