Utah Medical Products (UTMD) Gross Margin (2010 - 2026)

Utah Medical Products (UTMD) recorded quarterly Gross Margin of 60.56% in Q1 2026, up 4.05% quarter-over-quarter from 58.2% in Q4 2025, and up 353.0% on a YoY basis from 13.37% in Q1 2025.

Utah Medical Products (UTMD) Gross Margin (2010 - 2026) Analysis & Trends

Utah Medical Products' Gross Margin history runs 17 years deep, the most recent figure standing at 60.56% for Q1 2026.

  • In Q1 2026, Gross Margin rose 353.0% year-over-year to 60.56%; the TTM figure through Mar 2026 stood at 57.94% (down 41.0% YoY), while the FY2025 annual figure was 57.12%, down 191.0% from the prior year.
  • Gross Margin was 60.56% for Q1 2026 at Utah Medical Products, up from 58.2% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 63.19% in Q3 2022 to a low of 56.21% in Q2 2025.
  • Historically, Gross Margin has averaged 59.45% across 5 years, with a median of 59.66% in 2024.
  • The sharpest annual moves came in 2023 and 2026: Gross Margin slumped 434 bps in 2023, then surged 353 bps in 2026.
  • A 5-year view of Gross Margin shows it stood at 61.34% in 2022, then fell by 6 bps to 57.55% in 2023, then climbed by 1 bps to 58.13% in 2024, then rose by 0 bps to 58.2% in 2025, then climbed by 4 bps to 60.56% in 2026.
  • The last three Gross Margin figures came in at 60.56% (Q1 2026), 58.2% (Q4 2025), and 57.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 66.06%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 45.69%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 25.04%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 62.25%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 35.08%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 54.66%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 68.00%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 70.82%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 32.99%
10 Utah Medical Products 216.87 Mn 129.46 Mn 5.28 Mn 60.56%

Historic Data

Download Data
DateValue
Mar 31, 2026 60.56%
Dec 31, 2025 58.20%
Sep 30, 2025 57.11%
Jun 30, 2025 56.21%
Mar 31, 2025 57.03%
Dec 31, 2024 58.13%
Sep 30, 2024 57.99%
Jun 30, 2024 60.13%
Mar 31, 2024 59.66%
Dec 31, 2023 57.55%
Sep 30, 2023 58.85%
Jun 30, 2023 60.15%
Mar 31, 2023 62.64%
Dec 31, 2022 61.34%
Sep 30, 2022 63.19%
Jun 30, 2022 60.70%
Mar 31, 2022 61.13%
Dec 31, 2021 62.82%
Sep 30, 2021 64.21%
Jun 30, 2021 61.77%