Bionano Genomics (BNGO) Gross Margin (2017 - 2026)
Bionano Genomics' (BNGO) quarterly Gross Margin came in at 52.8% in Q2 2026, up 116.0% year-over-year from 24.44% in Q2 2025, and up 8.56% quarter-over-quarter from 48.63% in Q1 2026.
Analysis
Bionano Genomics (BNGO) Gross Margin (2017 - 2026) Analysis & Trends
Bionano Genomics has disclosed Gross Margin across 10 years of filings, most recently posting 52.8% for Q2 2026.
- In Q2 2026, Gross Margin rose 116.0% year-over-year to 52.8%; the TTM figure through Jun 2026 stood at 47.5% (up 2572.0% YoY), while the FY2025 annual figure was 46.25%, up 4502.0% from the prior year.
- Gross Margin came in at 52.8% for Q2 2026 at Bionano Genomics, up from 48.63% 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.
- Average Gross Margin over 5 years is 27.92%, with a median of 30.85% recorded in 2023.
- Year-over-year, Gross Margin plunged 16858 bps in 2024 and surged 18482 bps in 2025.
- Over 5 years, 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 sank by 56 bps to 42.75% in 2025, then rose by 24 bps to 52.8% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 52.8% in Q2 2026, 48.63% in Q1 2026, and 42.75% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 226.93 Bn | 222.99 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn | 57.64% |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn | 55.48% |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn | 66.44% |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn | 57.13% |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn | 65.82% |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn | 53.12% |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn | 53.91% |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn | 49.61% |
| 10 | Bionano Genomics | 14.13 Mn | 4.20 Mn | 4.31 Mn | 52.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.80% |
| 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% |