Medical Device Gross Profit Margin Formula

The medical device gross margin formula is (sales revenue - cost of sales) / sales revenue x 100%. Gross margin is the gross profit and sales revenue (or operating income) as a percentage, where gross profit is the difference between revenue and operating costs corresponding to revenue, expressed by the formula: gross profit margin = gross profit / operating income × 100% = (main operating income - main operating costs) / main operating income × 100%.