Bionano Genomics (BNGO) Gross Margin (2017 - 2026)
Bionano Genomics (BNGO) recorded Gross Margin of 52.80% in Q2 2026, up 1.16 percentage points from 51.64% a year earlier and up 4.16 percentage points from the prior quarter.
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Analysis
Bionano Genomics (BNGO) Gross Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Bionano Genomics' Gross Margin came in at 47.50% as of Jun 30, 2026, up 42.45 percentage points year-over-year; for FY2025, it was 46.25%, up 45.02 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +13.64 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 1.23% in FY2024 (-25.25 pp), 26.49% in FY2023 (+5.10 pp), 21.38% in FY2022 (-0.16 pp) and 21.54% in FY2021 (-11.07 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin in data going back to Q3 2017.
- On a year-over-year basis, Gross Margin has increased for seven consecutive quarters, with an average year-over-year change of +9.03 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 184.82 percentage points in Q3 2025, against a drop of 168.58 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 48.63% (Q1 2026), 42.75% (Q4 2025) and 45.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 254.87 Bn | 233.89 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 178.85 Bn | 149.28 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 158.49 Bn | 142.30 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 154.99 Bn | 134.41 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 121.02 Bn | 86.28 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 116.94 Bn | 103.05 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 66.98 Bn | 61.75 Bn | 3.85 Bn | 70.71% |
| 8 | Becton Dickinson | 53.23 Bn | 50.38 Bn | 2.32 Bn | 46.46% |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 77.46% |
| 10 | Bionano Genomics | 14.43 Mn | -50.81 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 | 41.86% |
| 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% |
API Access
Bionano Genomics 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=BNGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BNGO", "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=BNGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();