Viemed Healthcare (VMD) Gross Margin (2018 - 2026)
Viemed Healthcare posted quarterly Gross Margin of 56.79% for Q1 2026, up 51.0% year-on-year from 37.61% in Q1 2025, and down 1.91% on a QoQ basis from 57.89% in Q4 2025.
Viemed Healthcare (VMD) has 9 years of Gross Margin data on file, last reported at 56.79% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 51.0% year-over-year to 56.79%; the trailing twelve-month figure through Mar 2026 stood at 57.58% (down 113.0% YoY), and the FY2025 full-year result was 57.52%, down 188.0% from the prior year.
- Gross Margin for Q1 2026 stood at 56.79%, down from 57.89% in the prior quarter.
- Across five years, Gross Margin topped out at 63.29% in Q4 2023 and bottomed at 56.28% in Q1 2025.
- The 5-year median for Gross Margin is 59.84% (2024), against an average of 59.67%.
- The widest annual swing landed in 2023, when Gross Margin surged 224 bps; it then sank 375 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 61.04% in 2022, then gained by 4 bps to 63.29% in 2023, then fell by 6 bps to 59.54% in 2024, then slipped by 3 bps to 57.89% in 2025, then fell by 2 bps to 56.79% in 2026.
- The last three Gross Margin figures came in at 56.79% (Q1 2026), 57.89% (Q4 2025), and 57.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Viemed Healthcare | 373.53 Mn | 365.70 Mn | 42.83 Mn | 56.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.79% |
| Dec 31, 2025 | 57.89% |
| Sep 30, 2025 | 57.49% |
| Jun 30, 2025 | 58.25% |
| Mar 31, 2025 | 56.28% |
| Dec 31, 2024 | 59.54% |
| Sep 30, 2024 | 59.26% |
| Jun 30, 2024 | 59.84% |
| Mar 31, 2024 | 58.91% |
| Dec 31, 2023 | 63.29% |
| Sep 30, 2023 | 61.86% |
| Jun 30, 2023 | 60.28% |
| Mar 31, 2023 | 60.68% |
| Dec 31, 2022 | 61.04% |
| Sep 30, 2022 | 60.55% |
| Jun 30, 2022 | 61.21% |
| Mar 31, 2022 | 61.21% |
| Dec 31, 2021 | 61.52% |
| Sep 30, 2021 | 62.77% |
| Jun 30, 2021 | 64.33% |
| Mar 31, 2021 | 62.44% |
| Dec 31, 2020 | 61.46% |
| Sep 30, 2020 | 58.16% |
| Jun 30, 2020 | 60.50% |
| Mar 31, 2020 | 65.33% |
| Dec 31, 2019 | 66.41% |
| Sep 30, 2019 | 68.98% |
| Jun 30, 2019 | 72.02% |
| Mar 31, 2019 | 72.17% |
| Dec 31, 2018 | 73.62% |
| Sep 30, 2018 | 75.78% |
| Jun 30, 2018 | 72.48% |
| Mar 31, 2018 | 74.51% |