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
DateValue
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%