Bionano Genomics (BNGO) Gross Margin (2017 - 2026)
Bionano Genomics' (BNGO) quarterly Gross Margin came in at 48.63% in Q1 2026, up 313.0% year-on-year from 11.78% in Q1 2025, and up 13.76% quarter-over-quarter from 42.75% in Q4 2025.
Bionano Genomics (BNGO) Gross Margin (2017 - 2026) Analysis & Trends
Bionano Genomics has disclosed Gross Margin across 10 years of filings, most recently posting 48.63% for Q1 2026.
- Gross Margin for Q1 2026 came in at 48.63%, up 313.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.97% (up 2911.0% YoY), and the FY2025 annual result was 46.25%, up 4502.0% from the prior year.
- Gross Margin came in at 48.63% for Q1 2026 at Bionano Genomics, up from 42.75% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.08% in Q4 2024 to a low of 139.07% in Q3 2024.
- The 5-year median for Gross Margin is 29.5% (2023), against an average of 26.46%.
- Across the five-year window, Gross Margin sank 16858 bps in 2024 and jumped 18482 bps in 2025, its largest moves.
- Bionano Genomics' Gross Margin stood at 21.97% in 2022, then advanced by 3 bps to 22.74% in 2023, then soared by 331 bps to 98.08% in 2024, then tumbled by 56 bps to 42.75% in 2025, then advanced by 14 bps to 48.63% in 2026.
- The last three Gross Margin figures came in at 48.63% (Q1 2026), 42.75% (Q4 2025), and 45.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 45.69% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 25.04% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 62.25% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 35.08% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 54.66% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 68.00% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 70.82% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 32.99% |
| 10 | Bionano Genomics | 14.01 Mn | -366,620.40 | 3.25 Mn | 48.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.63% |
| Dec 31, 2025 | 42.75% |
| Sep 30, 2025 | 45.74% |
| Jun 30, 2025 | 51.64% |
| Mar 31, 2025 | 45.50% |
| Dec 31, 2024 | 98.08% |
| Sep 30, 2024 | -139.07% |
| Jun 30, 2024 | 33.26% |
| Mar 31, 2024 | 32.20% |
| Dec 31, 2023 | 22.74% |
| Sep 30, 2023 | 29.50% |
| Jun 30, 2023 | 26.65% |
| Mar 31, 2023 | 27.92% |
| Dec 31, 2022 | 21.97% |
| Sep 30, 2022 | 25.05% |
| Jun 30, 2022 | 22.05% |
| Mar 31, 2022 | 15.12% |
| Dec 31, 2021 | 3.79% |
| Sep 30, 2021 | 24.79% |
| Jun 30, 2021 | 37.32% |