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
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%