Tenon Medical Inc
NASDAQ:TNON
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 |
|
Tenon Medical Inc
NASDAQ:TNON
|
9.3m USD |
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|
| US |
|
Abbott Laboratories
NYSE:ABT
|
201.9B USD |
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|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
178.4B USD |
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|
|
| US |
|
Stryker Corp
NYSE:SYK
|
148B USD |
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|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
125B USD |
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|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
113.6B USD |
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|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
47.8B EUR |
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|
|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
52.6B USD |
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|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
50.3B USD |
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|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
50.3B USD |
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|
| US |
|
GE Healthcare Technologies Inc
NASDAQ:GEHC
|
38.3B 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
Tenon Medical Inc
Glance View
Tenon Medical Inc is a US-based company operating in Health Care Equipment & Supplies industry. The company is headquartered in Los Gatos, California and currently employs 10 full-time employees. The company went IPO on 2022-04-27. Tenon Medical, Inc. is a medical device company. The firm has developed a proprietary surgical implant system, The CATAMARAN SIJ Fusion System (The CATAMARAN System), which is designed to fuse one or both sacroiliac joints (SI-Joint) to treat SI-Joint dysfunction that often causes severe lower back pain. The CATAMARAN System offers a new surgical solution that places a single implant directly into the SI joint, bridging the sacrum and ilium with a posterior inferior surgical approach. The CATAMARAN System includes instruments and implants designed to prepare and fixate the SI-Joint for fusion. The CATAMARAN System is designed specially to resist vertical shear and rotation of the joint in which it was implanted, helping stabilize the joint in preparation for eventual fusion. The company also has developed a proprietary two-dimensional (2D) placement protocol as well as a protocol for three-dimensional (3D) navigation utilizing the latest techniques in spine surgery.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Tenon Medical Inc is 52.4%, which is above its 3-year median of 34.2%.
Over the last 3 years, Tenon Medical Inc’s Gross Margin has increased from -83% to 52.4%. During this period, it reached a low of -92.8% on Dec 31, 2022 and a high of 60.3% on Jun 30, 2024.
