Axogen (AXGN) Gross Margin (2010 - 2026)
Axogen's (AXGN) quarterly Gross Margin came in at 75.16% in Q1 2026, up 322.0% year-on-year from 17.81% in Q1 2025, and up 1.38% quarter-over-quarter from 74.13% in Q4 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.
- On a quarterly basis, Gross Margin rose 322.0% year-over-year to 75.16% in Q1 2026; TTM through Mar 2026 was 75.01%, a 84.0% increase from a year earlier, with the FY2025 full-year figure at 74.31%, down 148.0% from the prior year.
- Gross Margin advanced to 75.16% in Q1 2026 per AXGN's latest filing, from 74.13% in the prior quarter.
- Across five years, Gross Margin topped out at 83.29% in Q3 2022 and bottomed at 67.46% in Q4 2022.
- The 5-year median for Gross Margin is 76.06% (2024), against an average of 76.29%.
- Across the five-year window, Gross Margin sank 1533 bps in 2022 and jumped 715 bps in 2023, its largest moves.
- Year by year, Gross Margin 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.
- Per Business Quant, the three latest AXGN Gross Margin figures stand at 75.16% (Q1 2026), 74.13% (Q4 2025), and 76.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 62.95% |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 38.53% |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 45.22% |
| 10 | Axogen | 2.12 Bn | 2.02 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% |