Utah Medical Products (UTMD) Gross Margin (2010 - 2026)
Utah Medical Products' (UTMD) quarterly Gross Margin came in at 60.56% in Q1 2026, up 353.0% year-on-year from 13.37% in Q1 2025, and up 4.05% quarter-over-quarter from 58.2% in Q4 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.
- On a quarterly basis, Gross Margin rose 353.0% year-over-year to 60.56% in Q1 2026; TTM through Mar 2026 was 57.94%, a 41.0% decrease from a year earlier, with the FY2025 full-year figure at 57.12%, down 191.0% from the prior year.
- Gross Margin grew to 60.56% in Q1 2026 per UTMD's latest filing, from 58.2% in the prior quarter.
- Across five years, Gross Margin topped out at 63.19% in Q3 2022 and bottomed at 56.21% in Q2 2025.
- The 5-year median for Gross Margin is 59.66% (2024), against an average of 59.45%.
- Across the five-year window, Gross Margin slumped 434 bps in 2023 and jumped 353 bps in 2026, its largest moves.
- Year by year, Gross Margin 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.
- Per Business Quant, the three latest UTMD Gross Margin figures stand at 60.56% (Q1 2026), 58.2% (Q4 2025), and 57.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 56.80% |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 67.78% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 45.69% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 25.04% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 62.25% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 37.74% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 68.00% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 54.66% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 70.82% |
| 10 | Utah Medical Products | 204.41 Mn | 117.01 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% |