Growth Metrics

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

Utah Medical Products' 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 has reported Gross Margin for 17 years, with the latest figure at 60.56% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 353.0% year-over-year to 60.56%; the trailing twelve-month figure through Mar 2026 stood at 57.94% (down 41.0% YoY), and the FY2025 full-year result was 57.12%, down 191.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 60.56%, up from 58.2% in the prior quarter.
  • The five-year high for Gross Margin was 63.19% in Q3 2022, with the low at 56.21% in Q2 2025.
  • Average Gross Margin over 5 years is 59.45%, with a median of 59.66% recorded in 2024.
  • Year-over-year, Gross Margin slumped 434 bps in 2023 and jumped 353 bps in 2026.
  • Tracing UTMD's Gross Margin over 5 years: stood at 61.34% in 2022, then retreated by 6 bps to 57.55% in 2023, then grew by 1 bps to 58.13% in 2024, then gained by 0 bps to 58.2% in 2025, then grew 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 156.17 Bn 151.78 Bn 1.83 Bn 66.06%
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 45.69%
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 62.25%
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 35.08%
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 54.66%
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 67.88%
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 70.82%
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 32.99%
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 35.80%
10 Utah Medical Products 204.80 Mn 117.39 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%
Mar 31, 2021 63.36%
Dec 31, 2020 60.49%
Sep 30, 2020 62.00%
Jun 30, 2020 56.33%
Mar 31, 2020 62.70%
Dec 31, 2019 66.05%
Sep 30, 2019 59.06%
Jun 30, 2019 63.31%
Mar 31, 2019 63.11%
Dec 31, 2018 62.59%
Sep 30, 2018 60.58%
Jun 30, 2018 63.69%
Mar 31, 2018 63.58%
Dec 31, 2017 63.43%
Sep 30, 2017 64.16%
Jun 30, 2017 63.65%
Mar 31, 2017 63.70%
Dec 31, 2016 61.46%
Sep 30, 2016 59.81%
Jun 30, 2016 59.60%
Mar 31, 2016 60.41%
Dec 31, 2015 61.52%
Sep 30, 2015 61.13%
Jun 30, 2015 58.66%
Mar 31, 2015 59.73%
Dec 31, 2014 62.36%
Sep 30, 2014 57.81%
Jun 30, 2014 60.52%
Mar 31, 2014 61.57%
Dec 31, 2013 59.43%
Sep 30, 2013 59.30%
Jun 30, 2013 60.47%
Mar 31, 2013 60.55%
Dec 31, 2012 61.23%
Sep 30, 2012 61.75%
Jun 30, 2012 60.56%
Mar 31, 2012 60.13%
Dec 31, 2011 59.69%
Sep 30, 2011 60.44%
Jun 30, 2011 60.33%
Mar 31, 2011 54.62%
Dec 31, 2010 52.89%
Sep 30, 2010 53.80%
Jun 30, 2010 52.06%