Burning Rock Biotech (BNR) Gross Margin (2019 - 2026)
Burning Rock Biotech (BNR) posted quarterly Gross Margin of 72.27% for Q1 2026, down 91.0% year-over-year from 803.03% in Q1 2025, and down 7.38% on a QoQ basis from 78.03% in Q4 2025.
Burning Rock Biotech (BNR) Gross Margin (2019 - 2026) Analysis & Trends
Burning Rock Biotech (BNR) has reported Gross Margin for 8 consecutive years, with 72.27% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 91.0% year-over-year to 72.27%; the TTM figure through Mar 2026 stood at 74.56% (up 306.0% YoY), while the FY2025 annual figure was 74.67%, up 442.0% from the prior year.
- Gross Margin came in at 72.27% for Q1 2026 at Burning Rock Biotech, down from 78.03% in the prior quarter.
- The five-year high for Gross Margin was 78.03% in Q4 2025, with the low at 63.13% in Q2 2022.
- Average Gross Margin over 5 years is 70.08%, with a median of 70.42% recorded in 2024.
- Across the five-year window, Gross Margin sank 777 bps in 2022 and surged 707 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 71.2% in 2022, then retreated by 9 bps to 64.51% in 2023, then advanced by 10 bps to 70.96% in 2024, then advanced by 10 bps to 78.03% in 2025, then slipped by 7 bps to 72.27% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 72.27%, 78.03%, and 75.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | Burning Rock Biotech | 748.66 Mn | 683.48 Mn | 11.31 Mn | 72.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.27% |
| Dec 31, 2025 | 78.03% |
| Sep 30, 2025 | 75.10% |
| Jun 30, 2025 | 72.77% |
| Mar 31, 2025 | 73.18% |
| Dec 31, 2024 | 70.96% |
| Sep 30, 2024 | 71.40% |
| Jun 30, 2024 | 70.42% |
| Mar 31, 2024 | 68.21% |
| Dec 31, 2023 | 64.51% |
| Sep 30, 2023 | 67.35% |
| Jun 30, 2023 | 68.65% |
| Mar 31, 2023 | 69.30% |
| Dec 31, 2022 | 71.20% |
| Sep 30, 2022 | 70.23% |
| Jun 30, 2022 | 63.13% |
| Mar 31, 2022 | 64.62% |
| Dec 31, 2021 | 71.52% |
| Sep 30, 2021 | 72.34% |
| Jun 30, 2021 | 70.89% |