Bio-Rad Laboratories (BIO) Gross Margin (2009 - 2026)
Bio-Rad Laboratories' (BIO) quarterly Gross Margin came in at 52.25% in Q1 2026, down 2.0% year-on-year from 53.32% in Q1 2025, and up 4.93% on a QoQ basis from 49.8% in Q4 2025.
Bio-Rad Laboratories (BIO) Gross Margin (2009 - 2026) Analysis & Trends
Bio-Rad Laboratories (BIO) has 18 years of Gross Margin data on file, last reported at 52.25% in Q1 2026.
- On a quarterly basis, Gross Margin fell 2.0% year-over-year to 52.25% in Q1 2026; TTM through Mar 2026 was 51.87%, a 161.0% decrease from a year earlier, with the FY2025 full-year figure at 51.87%, down 186.0% from the prior year.
- Gross Margin for Q1 2026 stood at 52.25%, up from 49.8% in the prior quarter.
- Over the last five years, Gross Margin for BIO reached as high as 57.51% in Q1 2022 and fell as low as 49.8% in Q4 2025.
- Historically, Gross Margin has averaged 53.67% across 5 years, with a median of 53.36% in 2024.
- Across the five-year window, Gross Margin jumped 240 bps in 2022 and sank 396 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 54.37% in 2022, then fell by 1 bps to 53.77% in 2023, then retreated by 5 bps to 51.24% in 2024, then fell by 3 bps to 49.8% in 2025, then gained by 5 bps to 52.25% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 52.25% in Q1 2026, 49.8% in Q4 2025, and 52.59% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Bio-Rad Laboratories | 8.53 Bn | 6.97 Bn | 309.40 Mn | 52.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 56.03% |