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| Date | Value |
|---|---|
| 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% |