Viemed Healthcare (VMD) Gross Margin (2018 - 2026)
Viemed Healthcare's (VMD) quarterly Gross Margin came in at 56.79% in Q1 2026, up 51.0% YoY from 37.61% in Q1 2025, and down 1.91% on a QoQ basis from 57.89% in Q4 2025.
Viemed Healthcare (VMD) Gross Margin (2018 - 2026) Analysis & Trends
Viemed Healthcare (VMD) has 9 years of Gross Margin data on file, last reported at 56.79% in Q1 2026.
- Quarterly Gross Margin rose 51.0% year-over-year to 56.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 57.58% (down 113.0% YoY) and the FY2025 annual result came in at 57.52%, down 188.0% from the prior year.
- Gross Margin retreated to 56.79% in Q1 2026, from 57.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 63.29% in Q4 2023 to a low of 56.28% in Q1 2025.
- A 5-year average of 59.67% and a median of 59.84% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 224 bps — and 2024, when it tumbled 375 bps.
- Tracing VMD's Gross Margin over 5 years: 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 | 199.61 Bn | 194.01 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 127.81 Bn | 124.34 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 119.04 Bn | 109.82 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 73.68 Bn | 73.14 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.96 Bn | 47.71 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.06 Bn | 22.58 Bn | 684.20 Mn | 45.84% |
| 10 | Viemed Healthcare | 331.59 Mn | 320.91 Mn | 45.05 Mn | 57.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.68% |
| 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% |