Avantor (AVTR) Gross Margin (2018 - 2026)
Avantor (AVTR) recorded quarterly Gross Margin of 31.66% in Q1 2026, up 0.54% quarter-over-quarter from 31.49% in Q4 2025, and down 216.0% on a YoY basis from 27.29% in Q1 2025.
Avantor (AVTR) Gross Margin (2018 - 2026) Analysis & Trends
Avantor's Gross Margin history runs 9 years deep, the most recent figure standing at 31.66% for Q1 2026.
- In Q1 2026, Gross Margin fell 216.0% year-over-year to 31.66%; the TTM figure through Mar 2026 stood at 32.13% (down 143.0% YoY), while the FY2025 annual figure was 32.65%, down 95.0% from the prior year.
- Gross Margin was 31.66% for Q1 2026 at Avantor, up from 31.49% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 35.37% in Q1 2022 to a low of 31.49% in Q4 2025.
- Historically, Gross Margin has averaged 33.59% across 5 years, with a median of 33.82% in 2025.
- The sharpest annual moves came in 2022 and 2026: Gross Margin soared 147 bps in 2022, then slumped 216 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 34.23% in 2022, then declined by 3 bps to 33.11% in 2023, then gained by 1 bps to 33.37% in 2024, then decreased by 6 bps to 31.49% in 2025, then grew by 1 bps to 31.66% in 2026.
- The last three Gross Margin figures came in at 31.66% (Q1 2026), 31.49% (Q4 2025), and 32.42% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 45.69% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 25.04% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 62.25% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 35.08% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 54.66% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 68.00% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 70.82% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 32.99% |
| 10 | Avantor | 6.47 Bn | 6.19 Bn | 500.70 Mn | 31.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 33.71% |