Viemed Healthcare (VMD) Gross Margin (2018 - 2026)

Viemed Healthcare (VMD) reported Gross Margin of 56.79% for Q1 2026, up 51.0% on a YoY basis from 37.61% in Q1 2025, and down 1.91% quarter-over-quarter from 57.89% in Q4 2025.

Viemed Healthcare (VMD) Gross Margin (2018 - 2026) Analysis & Trends

Viemed Healthcare has reported Gross Margin for 9 years, with the latest figure 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.
  • The five-year high for Gross Margin was 63.29% in Q4 2023, with the low at 56.28% in Q1 2025.
  • Historically, Gross Margin has averaged 59.67% across 5 years, with a median of 59.84% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 224 bps — and 2024, when it tumbled 375 bps.
  • Viemed Healthcare's Gross Margin stood at 61.04% in 2022, then rose by 4 bps to 63.29% in 2023, then declined by 6 bps to 59.54% in 2024, then decreased by 3 bps to 57.89% in 2025, then declined 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 154.42 Bn 147.76 Bn 6.27 Bn 56.20%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 63.29%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 63.83%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 78.01%
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 45.22%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 62.95%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 38.53%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 43.89%
10 Viemed Healthcare 410.03 Mn 402.20 Mn 42.83 Mn 56.79%

Historic Data

Download Data
DateValue
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%