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| 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% |