Avanos Medical (AVNS) Gross Margin (2013 - 2026)
Avanos Medical's Gross Margin came in at 51.70% for Q1 2026, down 1.91 percentage points from 53.61% a year earlier but up 4.16 percentage points from the prior quarter.
Avanos Medical (AVNS) Gross Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Avanos Medical reported Gross Margin of 50.05%, down 4.55 percentage points year-over-year; for FY2025, it came in at 50.47%, down 4.97 percentage points from FY2024.
- Gross Margin has declined in each of the last three years, with a five-year change of -1.42 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 55.44% in FY2024 (-0.96 pp), 56.39% in FY2023 (-1.23 pp), 57.62% in FY2022 (+6.65 pp) and 50.97% in FY2021 (-0.92 pp).
- The five-year range for quarterly Gross Margin is 45.98% (Q2 2021) to 90.22% (Q4 2021).
- Year-over-year, Gross Margin has declined for 12 consecutive quarters, with an average year-over-year change of -3.14 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2021 (a gain of 43.47 percentage points), and the weakest in Q4 2022 (a drop of 33.56 percentage points).
- Business Quant data shows AVNS's Gross Margin at 47.54% (Q4 2025), 48.37% (Q3 2025) and 52.63% (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 46.46% |
| 10 | Avanos Medical | 1.17 Bn | 850.16 Mn | 94.20 Mn | 51.70% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 51.70% |
| Dec 31, 2025 | 47.54% |
| Sep 30, 2025 | 48.37% |
| Jun 30, 2025 | 52.63% |
| Mar 31, 2025 | 53.61% |
| Dec 31, 2024 | 54.57% |
| Sep 30, 2024 | 54.52% |
| Jun 30, 2024 | 55.68% |
| Mar 31, 2024 | 57.07% |
| Dec 31, 2023 | 54.82% |
| Sep 30, 2023 | 55.75% |
| Jun 30, 2023 | 57.73% |
| Mar 31, 2023 | 57.38% |
| Dec 31, 2022 | 56.66% |
| Sep 30, 2022 | 58.15% |
| Jun 30, 2022 | 59.45% |
| Mar 31, 2022 | 54.00% |
| Dec 31, 2021 | 90.22% |
| Sep 30, 2021 | 49.00% |
| Jun 30, 2021 | 45.98% |
Avanos Medical 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=AVNS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AVNS", "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=AVNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();