Avantor (AVTR) Gross Margin (2018 - 2026)
Avantor (AVTR) posted quarterly Gross Margin of 31.73% for Q2 2026, down 118.0% year-over-year from 176.29% in Q2 2025, and little changed quarter-over-quarter from 31.66% in Q1 2026.
Avantor (AVTR) Gross Margin (2018 - 2026) Analysis & Trends
Avantor's Gross Margin history runs 9 years deep, the most recent figure standing at 31.73% for Q2 2026.
- In Q2 2026, Gross Margin fell 118.0% year-over-year to 31.73%; the TTM figure through Jun 2026 stood at 31.83% (down 142.0% YoY), while the FY2025 annual figure was 32.65%, down 95.0% from the prior year.
- Gross Margin for Q2 2026 stood at 31.73%, roughly flat from 31.66% in the prior quarter.
- The five-year high for Gross Margin was 35.37% in Q1 2022, with the low at 31.49% in Q4 2025.
- The 5-year median for Gross Margin is 33.73% (2025), against an average of 33.48%.
- The sharpest annual moves came in 2022 and 2026: Gross Margin surged 147 bps in 2022, then sank 216 bps in 2026.
- Avantor's Gross Margin stood at 34.23% in 2022, then dropped by 3 bps to 33.11% in 2023, then rose by 1 bps to 33.37% in 2024, then retreated by 6 bps to 31.49% in 2025, then rose by 1 bps to 31.73% in 2026.
- Business Quant data shows AVTR's Gross Margin at 31.73% in Q2 2026, 31.66% in Q1 2026, and 31.49% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 67.78% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 46.46% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 59.33% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 58.84% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 28.82% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 37.74% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 58.22% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 68.00% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 34.86% |
| 10 | Avantor | 9.62 Bn | 9.31 Bn | 537.00 Mn | 31.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.73% |
| Mar 31, 2026 | 31.66% |
| Dec 31, 2025 | 31.49% |
| Sep 30, 2025 | 32.42% |
| Jun 30, 2025 | 32.92% |
| Mar 31, 2025 | 33.82% |
| Dec 31, 2024 | 33.37% |
| Sep 30, 2024 | 32.92% |
| Jun 30, 2024 | 34.15% |
| Mar 31, 2024 | 33.96% |
| Dec 31, 2023 | 33.11% |
| Sep 30, 2023 | 33.64% |
| Jun 30, 2023 | 33.83% |
| Mar 31, 2023 | 35.10% |
| Dec 31, 2022 | 34.23% |
| Sep 30, 2022 | 35.05% |
| Jun 30, 2022 | 33.90% |
| Mar 31, 2022 | 35.37% |
| Dec 31, 2021 | 33.94% |
| Sep 30, 2021 | 33.58% |