Axogen (AXGN) Gross Margin (2010 - 2026)
Axogen (AXGN) posted quarterly Gross Margin of 72.67% for Q2 2026, down 148.0% year-over-year from 151.4% in Q2 2025, and down 3.31% quarter-over-quarter from 75.16% in Q1 2026.
Axogen (AXGN) Gross Margin (2010 - 2026) Analysis & Trends
Axogen's Gross Margin history runs 17 years deep, the most recent figure standing at 72.67% for Q2 2026.
- In Q2 2026, Gross Margin fell 148.0% year-over-year to 72.67%; the TTM figure through Jun 2026 stood at 74.56% (up 29.0% YoY), while the FY2025 annual figure was 74.31%, down 148.0% from the prior year.
- Gross Margin for Q2 2026 stood at 72.67%, down from 75.16% in the prior quarter.
- The five-year high for Gross Margin was 83.29% in Q3 2022, with the low at 67.46% in Q4 2022.
- The 5-year median for Gross Margin is 75.61% (2024), against an average of 76.09%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1533 bps in 2022, then jumped 715 bps in 2023.
- Axogen's Gross Margin stood at 67.46% in 2022, then increased by 11 bps to 74.6% in 2023, then advanced by 2 bps to 76.06% in 2024, then dropped by 3 bps to 74.13% in 2025, then fell by 2 bps to 72.67% in 2026.
- Business Quant data shows AXGN's Gross Margin at 72.67% in Q2 2026, 75.16% in Q1 2026, and 74.13% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 45.84% |
| 10 | Axogen | 2.42 Bn | 2.31 Bn | 50.67 Mn | 72.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 72.67% |
| 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% |