Viemed Healthcare (VMD) Operating Margin (2018 - 2026)
Viemed Healthcare's (VMD) quarterly Operating Margin came in at 5.7% in Q1 2026, down 80.0% YoY from 28.48% in Q1 2025, and down 48.16% on a QoQ basis from 10.99% in Q4 2025.
Viemed Healthcare (VMD) Operating Margin (2018 - 2026) Analysis & Trends
Viemed Healthcare (VMD) has 9 years of Operating Margin data on file, last reported at 5.7% in Q1 2026.
- Quarterly Operating Margin fell 80.0% year-over-year to 5.7% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.17% (down 23.0% YoY) and the FY2025 annual result came in at 8.49%, up 51.0% from the prior year.
- Operating Margin slipped to 5.7% in Q1 2026, from 10.99% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 10.99% in Q4 2025 to a low of 3.01% in Q2 2022.
- A 5-year average of 7.32% and a median of 6.97% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin sank 672 bps — and 2023, when it surged 441 bps.
- Tracing VMD's Operating Margin over 5 years: stood at 9.42% in 2022, then advanced by 11 bps to 10.42% in 2023, then advanced by 2 bps to 10.63% in 2024, then advanced by 3 bps to 10.99% in 2025, then tumbled by 48 bps to 5.7% in 2026.
- The last three Operating Margin figures came in at 5.7% (Q1 2026), 10.99% (Q4 2025), and 7.85% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 202.10 Bn | 196.49 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 126.67 Bn | 123.20 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 119.27 Bn | 110.05 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 74.53 Bn | 73.99 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 51.84 Bn | 47.59 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.79 Bn | 32.84 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 33.78 Bn | 31.68 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.29 Bn | 22.97 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.21 Bn | 22.73 Bn | 684.20 Mn | 19.15% |
| 10 | Viemed Healthcare | 331.59 Mn | 320.91 Mn | 45.05 Mn | 5.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.71% |
| Mar 31, 2026 | 5.70% |
| Dec 31, 2025 | 10.99% |
| Sep 30, 2025 | 7.85% |
| Jun 30, 2025 | 8.08% |
| Mar 31, 2025 | 6.50% |
| Dec 31, 2024 | 10.63% |
| Sep 30, 2024 | 9.70% |
| Jun 30, 2024 | 6.58% |
| Mar 31, 2024 | 4.36% |
| Dec 31, 2023 | 10.42% |
| Sep 30, 2023 | 8.51% |
| Jun 30, 2023 | 6.70% |
| Mar 31, 2023 | 4.89% |
| Dec 31, 2022 | 9.42% |
| Sep 30, 2022 | 4.11% |
| Jun 30, 2022 | 3.01% |
| Mar 31, 2022 | 6.97% |
| Dec 31, 2021 | 14.60% |
| Sep 30, 2021 | 9.97% |