Bionano Genomics (BNGO) Gross Margin (2017 - 2026)
Bionano Genomics recorded quarterly Gross Margin of 48.63% in Q1 2026, up 13.76% quarter-over-quarter from 42.75% in Q4 2025, and up 313.0% year-over-year from 11.78% in Q1 2025.
Bionano Genomics' Gross Margin history runs 10 years deep, the most recent figure standing at 48.63% for Q1 2026.
- In Q1 2026, Gross Margin rose 313.0% year-over-year to 48.63%; the TTM figure through Mar 2026 stood at 46.97% (up 2911.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 26.46% and a median of 29.5% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 16858 bps in 2024 and surged 18482 bps in 2025, its largest moves.
- Bionano Genomics' Gross Margin stood at 21.97% in 2022, then climbed by 3 bps to 22.74% in 2023, then jumped by 331 bps to 98.08% in 2024, then slumped by 56 bps to 42.75% in 2025, then climbed by 14 bps to 48.63% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.63%, 42.75%, and 45.74% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 45.69% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 62.25% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 35.08% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 54.66% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 67.88% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 70.82% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 32.99% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 35.80% |
| 10 | Bionano Genomics | 14.92 Mn | 539,417.67 | 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% |
| Mar 31, 2021 | 32.92% |
| Dec 31, 2020 | 29.55% |
| Sep 30, 2020 | 33.52% |
| Jun 30, 2020 | 48.98% |
| Mar 31, 2020 | 24.65% |
| Dec 31, 2019 | 39.38% |
| Sep 30, 2019 | 28.31% |
| Jun 30, 2019 | 28.51% |
| Mar 31, 2019 | 38.10% |
| Dec 31, 2018 | 25.55% |
| Sep 30, 2018 | -8.47% |
| Jun 30, 2018 | 46.51% |
| Mar 31, 2018 | 52.42% |
| Dec 31, 2017 | 47.41% |
| Sep 30, 2017 | 38.38% |