Axogen (AXGN) Gross Margin (2010 - 2026)
Axogen (AXGN) recorded quarterly Gross Margin of 75.16% in Q1 2026, up 1.38% quarter-over-quarter from 74.13% in Q4 2025, and up 322.0% on a YoY basis from 17.81% in Q1 2025.
Axogen (AXGN) Gross Margin (2010 - 2026) Analysis & Trends
Axogen's Gross Margin history runs 17 years deep, the most recent figure standing at 75.16% for Q1 2026.
- In Q1 2026, Gross Margin rose 322.0% year-over-year to 75.16%; the TTM figure through Mar 2026 stood at 75.01% (up 84.0% YoY), while the FY2025 annual figure was 74.31%, down 148.0% from the prior year.
- Gross Margin was 75.16% for Q1 2026 at Axogen, up from 74.13% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 83.29% in Q3 2022 to a low of 67.46% in Q4 2022.
- Historically, Gross Margin has averaged 76.29% across 5 years, with a median of 76.06% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 1533 bps in 2022, then surged 715 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 67.46% in 2022, then rose by 11 bps to 74.6% in 2023, then climbed by 2 bps to 76.06% in 2024, then declined by 3 bps to 74.13% in 2025, then rose by 1 bps to 75.16% in 2026.
- The last three Gross Margin figures came in at 75.16% (Q1 2026), 74.13% (Q4 2025), and 76.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Axogen | 2.32 Bn | 2.22 Bn | 46.19 Mn | 75.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.16% |
| Dec 31, 2025 | 74.13% |
| Sep 30, 2025 | 76.55% |
| Jun 30, 2025 | 74.16% |
| Mar 31, 2025 | 71.94% |
| Dec 31, 2024 | 76.06% |
| Sep 30, 2024 | 74.91% |
| Jun 30, 2024 | 73.77% |
| Mar 31, 2024 | 78.83% |
| Dec 31, 2023 | 74.60% |
| Sep 30, 2023 | 76.82% |
| Jun 30, 2023 | 77.71% |
| Mar 31, 2023 | 77.71% |
| Dec 31, 2022 | 67.46% |
| Sep 30, 2022 | 83.29% |
| Jun 30, 2022 | 81.76% |
| Mar 31, 2022 | 82.11% |
| Dec 31, 2021 | 82.79% |
| Sep 30, 2021 | 83.21% |
| Jun 30, 2021 | 78.88% |