Avinger Inc
NASDAQ:AVGR
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Avinger Inc
NASDAQ:AVGR
|
1.6m USD |
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|
| US |
|
Abbott Laboratories
NYSE:ABT
|
195.4B USD |
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|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
172.4B USD |
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|
|
| US |
|
Stryker Corp
NYSE:SYK
|
140B USD |
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|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
127.3B USD |
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|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
110.9B USD |
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|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
45.8B EUR |
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|
|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
50.2B USD |
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|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
50.5B USD |
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|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
44.4B USD |
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|
| US |
|
Resmed Inc
NYSE:RMD
|
36.6B USD |
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Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Avinger Inc
Glance View
Avinger, Inc. is a commercial-stage medical device company, which engages in the designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease. The company is headquartered in Redwood City, California and currently employs 74 full-time employees. The company went IPO on 2015-01-30. The firm designs, manufactures, and sells real-time, image-guided, minimally invasive catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). Its image-guided Lumivascular platform includes the Lightbox real-time imaging console, the Ocelot family of catheters, which are image-guided catheters designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO), and the Pantheris family of catheters, its image-guided atherectomy family of catheters designed to allow physicians to remove arterial plaque in PAD patients. Its Pantheris is a single-use product and provides physicians with the ability to see a cross-sectional view of the peripheral artery to guide the removal of blockages throughout the procedure. The company has also developed a line extension of its Pantheris image-guided atherectomy platform, Pantheris SV (Small Vessel).
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Avinger Inc is 20.9%, which is below its 3-year median of 26.6%.
Over the last 3 years, Avinger Inc’s Gross Margin has decreased from 35.3% to 20.9%. During this period, it reached a low of 20% on Jun 30, 2024 and a high of 35.3% on Aug 30, 2021.