Bio-Rad Laboratories (BIO) Gross Margin (2009 - 2026)
Bio-Rad Laboratories' (BIO) quarterly Gross Margin came in at 53.12% in Q2 2026, up 13.0% year-over-year from 47.01% in Q2 2025, and up 1.65% quarter-over-quarter from 52.25% in Q1 2026.
Analysis
Bio-Rad Laboratories (BIO) Gross Margin (2009 - 2026) Analysis & Trends
Bio-Rad Laboratories (BIO) has reported Gross Margin for 18 consecutive years, with 53.12% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 13.0% year-over-year to 53.12% in Q2 2026; TTM through Jun 2026 was 51.9%, a 92.0% decrease from a year earlier, with the FY2025 full-year figure at 51.87%, down 186.0% from the prior year.
- Gross Margin was 53.12% for Q2 2026 at Bio-Rad Laboratories, up from 52.25% in the prior quarter.
- Over five years, Gross Margin peaked at 57.51% in Q1 2022 and troughed at 49.8% in Q4 2025.
- A 5-year average of 53.63% and a median of 53.29% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 240 bps in 2022 and plunged 396 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 54.37% in 2022, then decreased by 1 bps to 53.77% in 2023, then slipped by 5 bps to 51.24% in 2024, then decreased by 3 bps to 49.8% in 2025, then gained by 7 bps to 53.12% in 2026.
- The last three Gross Margin figures came in at 53.12% (Q2 2026), 52.25% (Q1 2026), and 49.8% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 225.12 Bn | 221.06 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 144.34 Bn | 139.99 Bn | 3.61 Bn | 57.64% |
| 3 | Agilent Technologies | 41.01 Bn | 39.25 Bn | 1.04 Bn | 55.48% |
| 4 | Illumina | 31.14 Bn | 29.97 Bn | 770.00 Mn | 66.44% |
| 5 | Revvity | 13.89 Bn | 12.86 Bn | 416.87 Mn | 57.13% |
| 6 | Bio-Techne | 11.27 Bn | 11.00 Bn | 211.39 Mn | 65.82% |
| 7 | Bio-Rad Laboratories | 10.13 Bn | 8.51 Bn | 345.80 Mn | 53.12% |
| 8 | Repligen | 9.34 Bn | 8.33 Bn | 110.04 Mn | 53.91% |
| 9 | 10x Genomics | 8.67 Bn | 8.12 Bn | 112.50 Mn | 74.48% |
| 10 | Bruker | 8.31 Bn | 8.09 Bn | 416.00 Mn | 49.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.12% |
| Mar 31, 2026 | 52.25% |
| Dec 31, 2025 | 49.80% |
| Sep 30, 2025 | 52.59% |
| Jun 30, 2025 | 52.99% |
| Mar 31, 2025 | 52.27% |
| Dec 31, 2024 | 51.24% |
| Sep 30, 2024 | 54.78% |
| Jun 30, 2024 | 55.61% |
| Mar 31, 2024 | 53.36% |
| Dec 31, 2023 | 53.77% |
| Sep 30, 2023 | 53.11% |
| Jun 30, 2023 | 53.22% |
| Mar 31, 2023 | 53.55% |
| Dec 31, 2022 | 54.37% |
| Sep 30, 2022 | 54.73% |
| Jun 30, 2022 | 57.16% |
| Mar 31, 2022 | 57.51% |
| Dec 31, 2021 | 54.57% |
| Sep 30, 2021 | 58.43% |