Bio-Rad Laboratories (BIO) Gross Margin (2009 - 2026)
Bio-Rad Laboratories (BIO) recorded Gross Margin of 50.06% in Q3 2026, down 2.53 percentage points from 52.59% a year earlier and down 3.06 percentage points from the prior quarter.
Powered by 
Analysis
Bio-Rad Laboratories (BIO) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Bio-Rad Laboratories' Gross Margin came in at 51.26% as of Sep 30, 2026, down 1.01 percentage points year-over-year; for FY2025, it came in at 51.87%, down 1.86 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -4.61 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 53.73% in FY2024 (+0.31 pp), 53.42% in FY2023 (-2.51 pp), 55.93% in FY2022 (-0.12 pp) and 56.05% in FY2021 (-0.43 pp).
- Quarterly Gross Margin has ranged from 49.80% in Q4 2025 to 57.51% in Q1 2022 over the past five years.
- On a year-over-year basis, Gross Margin rose in 1 of the last eight quarters, with an average year-over-year change of -1.54 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.40 percentage points in Q1 2022, against a drop of 3.96 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 53.12% (Q2 2026), 52.25% (Q1 2026) and 49.80% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 78.48% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 24.50% |
| 10 | Bio-Rad Laboratories | 9.85 Bn | 3.46 Bn | 328.60 Mn | 50.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 50.06% |
| 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% |
API Access
Bio-Rad Laboratories Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();