Benchmark Electronics (BHE) Gross Margin (2009 - 2026)
Benchmark Electronics (BHE) reported Gross Margin of 10.22% for Q1 2026, up 22.0% year-over-year from 8.38% in Q1 2025, and down 2.93% quarter-over-quarter from 10.53% in Q4 2025.
Benchmark Electronics (BHE) Gross Margin (2009 - 2026) Analysis & Trends
Benchmark Electronics (BHE) has 18 years of Gross Margin data on file, last reported at 10.22% in Q1 2026.
- Gross Margin for Q1 2026 came in at 10.22%, up 22.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.21% (up 3.0% YoY), and the FY2025 annual result was 10.16%, down 1.0% from the prior year.
- Gross Margin eased to 10.22% in Q1 2026 per BHE's latest filing, from 10.53% in the prior quarter.
- Over five years, Gross Margin peaked at 10.53% in Q4 2025 and troughed at 8.07% in Q2 2022.
- A 5-year average of 9.71% and a median of 9.98% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 74 bps in 2022, then surged 107 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 9.61% in 2022, then grew by 7 bps to 10.27% in 2023, then climbed by 1 bps to 10.34% in 2024, then rose by 2 bps to 10.53% in 2025, then declined by 3 bps to 10.22% in 2026.
- Business Quant data shows BHE's Gross Margin at 10.22% in Q1 2026, 10.53% in Q4 2025, and 9.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 201.92 Bn | 196.89 Bn | 2.80 Bn | 36.75% |
| 2 | Corning | 167.41 Bn | 166.19 Bn | 1.53 Bn | 36.87% |
| 3 | TE Connectivity | 63.90 Bn | 62.94 Bn | 1.75 Bn | 36.78% |
| 4 | Flex | 54.73 Bn | 53.09 Bn | 702.00 Mn | 9.39% |
| 5 | Celestica | 42.91 Bn | 42.53 Bn | 437.20 Mn | 10.80% |
| 6 | Jabil | 39.52 Bn | 37.70 Bn | 746.00 Mn | 9.01% |
| 7 | Ttm Technologies | 22.37 Bn | 21.95 Bn | 181.18 Mn | 21.42% |
| 8 | Fabrinet | 20.58 Bn | 19.64 Bn | 144.34 Mn | 11.89% |
| 9 | Vicor | 15.04 Bn | 14.64 Bn | 62.37 Mn | 55.21% |
| 10 | Benchmark Electronics | 3.29 Bn | 2.96 Bn | 69.23 Mn | 10.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.22% |
| Dec 31, 2025 | 10.53% |
| Sep 30, 2025 | 9.98% |
| Jun 30, 2025 | 10.08% |
| Mar 31, 2025 | 10.00% |
| Dec 31, 2024 | 10.34% |
| Sep 30, 2024 | 10.15% |
| Jun 30, 2024 | 10.20% |
| Mar 31, 2024 | 9.98% |
| Dec 31, 2023 | 10.27% |
| Sep 30, 2023 | 9.60% |
| Jun 30, 2023 | 9.14% |
| Mar 31, 2023 | 9.21% |
| Dec 31, 2022 | 9.61% |
| Sep 30, 2022 | 8.65% |
| Jun 30, 2022 | 8.07% |
| Mar 31, 2022 | 9.06% |
| Dec 31, 2021 | 9.80% |
| Sep 30, 2021 | 9.39% |
| Jun 30, 2021 | 8.80% |