Bioventus (BVS) Gross Margin (2020 - 2026)
Bioventus' (BVS) quarterly Gross Margin came in at 68.97% in Q2 2026, down 17.0% on a YoY basis from 83.1% in Q2 2025, and little changed quarter-over-quarter from 68.72% in Q1 2026.
Analysis
Bioventus (BVS) Gross Margin (2020 - 2026) Analysis & Trends
Bioventus (BVS) has reported Gross Margin for 7 consecutive years, with 68.97% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 17.0% year-over-year to 68.97%; the trailing twelve-month figure through Jun 2026 stood at 68.65% (up 105.0% YoY), and the FY2025 full-year result was 68.33%, up 61.0% from the prior year.
- Gross Margin held at 68.97% in Q2 2026 per BVS's latest filing, from 68.72% in the prior quarter.
- Across five years, Gross Margin topped out at 69.14% in Q2 2025 and bottomed at 58.96% in Q4 2022.
- Historically, Gross Margin has averaged 66.44% across 5 years, with a median of 67.18% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 834 bps in 2022, then jumped 618 bps in 2024.
- Over 5 years, Gross Margin stood at 58.96% in 2022, then climbed by 8 bps to 63.73% in 2023, then advanced by 5 bps to 66.82% in 2024, then rose by 3 bps to 68.89% in 2025, then gained by 0 bps to 68.97% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 68.97%, 68.72%, and 68.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 45.84% |
| 10 | Bioventus | 923.70 Mn | 894.24 Mn | 105.67 Mn | 68.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 68.97% |
| Mar 28, 2026 | 68.72% |
| Dec 31, 2025 | 68.89% |
| Sep 27, 2025 | 67.96% |
| Jun 28, 2025 | 69.14% |
| Mar 29, 2025 | 67.05% |
| Dec 31, 2024 | 66.82% |
| Sep 28, 2024 | 67.32% |
| Jun 29, 2024 | 68.54% |
| Mar 30, 2024 | 68.27% |
| Dec 31, 2023 | 63.73% |
| Sep 30, 2023 | 65.28% |
| Jul 1, 2023 | 65.02% |
| Apr 1, 2023 | 62.09% |
| Dec 31, 2022 | 58.96% |
| Oct 1, 2022 | 65.70% |
| Jul 2, 2022 | 68.88% |
| Apr 2, 2022 | 64.54% |
| Dec 31, 2021 | 67.30% |
| Oct 2, 2021 | 72.61% |