Viemed Healthcare (VMD) Gross Margin (2018 - 2026)
Viemed Healthcare's Gross Margin came in at 57.26% for Q3 2026, down 0.23 percentage points from 57.49% a year earlier and down 0.42 percentage points from the prior quarter.
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Analysis
Viemed Healthcare (VMD) Gross Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Viemed Healthcare reported Gross Margin of 57.41%, down 0.48 percentage points year-over-year; for FY2025, it came in at 57.52%, down 1.88 percentage points from FY2024.
- Gross Margin carries a five-year change of -3.49 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 59.40% in FY2024 (-2.23 pp), 61.63% in FY2023 (+0.63 pp), 60.99% in FY2022 (-1.72 pp) and 62.71% in FY2021 (+1.70 pp).
- The five-year range for quarterly Gross Margin is 56.28% (Q1 2025) to 63.29% (Q4 2023).
- Year-over-year, Gross Margin increased in 1 of the last eight quarters, with an average year-over-year change of -1.46 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 2.24 percentage points), and the weakest in Q4 2024 (a drop of 3.75 percentage points).
- Business Quant data shows VMD's Gross Margin at 57.68% (Q2 2026), 56.79% (Q1 2026) and 57.89% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 85.78% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | 64.67% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 29.08% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 33.65% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | 65.42% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 12.31% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | 64.81% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 95.96% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 31.50% |
| 10 | Viemed Healthcare | 341.72 Mn | 300.00 Mn | 46.19 Mn | 57.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 57.26% |
| 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% |
API Access
Viemed Healthcare Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();