Burning Rock Biotech (BNR) Gross Margin (2019 - 2025)

Burning Rock Biotech (BNR) recorded quarterly Gross Margin of 78.03% in Q4 2025, up 3.91% quarter-over-quarter from 75.1% in Q3 2025, and up 707.0% on a YoY basis from 9.67% in Q4 2024.

Burning Rock Biotech (BNR) Gross Margin (2019 - 2025) Analysis & Trends

Burning Rock Biotech's Gross Margin history runs 7 years deep, the most recent figure standing at 78.03% for Q4 2025.

  • In Q4 2025, Gross Margin rose 707.0% year-over-year to 78.03%; the TTM figure through Dec 2025 stood at 74.7% (up 443.0% YoY), while the FY2025 annual figure was 74.67%, up 442.0% from the prior year.
  • Gross Margin was 78.03% for Q4 2025 at Burning Rock Biotech, up from 75.1% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 78.03% in Q4 2025 to a low of 63.13% in Q2 2022.
  • Historically, Gross Margin has averaged 70.3% across 5 years, with a median of 70.93% in 2021.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 777 bps in 2022, then surged 707 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 71.52% in 2021, then fell by 0 bps to 71.2% in 2022, then dropped by 9 bps to 64.51% in 2023, then increased by 10 bps to 70.96% in 2024, then increased by 10 bps to 78.03% in 2025.
  • The last three Gross Margin figures came in at 78.03% (Q4 2025), 75.1% (Q3 2025), and 72.77% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 70.37%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 63.35%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 53.95%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 99.91%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 32.64%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 58.68%
10 Burning Rock Biotech 20.64 Mn -47.19 Mn 14.10 Mn 78.03%

Historic Data

Download Data
DateValue
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%
Mar 31, 2021 72.16%