Elutia (ELUT) Gross Margin (2019 - 2026)
Elutia (ELUT) reported Gross Margin of 59.62% for Q2 2026, up 6.73 percentage points from 52.89% a year earlier and up 1.75 percentage points from the prior quarter.
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Analysis
Elutia (ELUT) Gross Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Elutia's Gross Margin came in at 57.82%, up 8.97 percentage points year-over-year; for FY2025, it was 53.66%, up 7.24 percentage points from FY2024.
- Gross Margin has a five-year change of +5.48 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 46.42% in FY2024 (+1.75 pp), 44.67% in FY2023 (-4.14 pp), 48.80% in FY2022 (+8.66 pp) and 40.14% in FY2021 (-8.03 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin in data going back to Q3 2019.
- Year over year, Gross Margin has now increased in each of the last nine quarters, with an average year-over-year change of +7.78 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 18.13 percentage points); the low point was Q4 2021 (a drop of 17.09 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 57.87% (Q1 2026), 58.51% (Q4 2025) and 55.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Elutia | 34.99 Mn | -54.47 Mn | 1.45 Mn | 59.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.62% |
| Mar 31, 2026 | 57.87% |
| Dec 31, 2025 | 58.51% |
| Sep 30, 2025 | 55.76% |
| Jun 30, 2025 | 52.89% |
| Mar 31, 2025 | 46.83% |
| Dec 31, 2024 | 46.95% |
| Sep 30, 2024 | 48.91% |
| Jun 30, 2024 | 44.49% |
| Mar 31, 2024 | 42.47% |
| Dec 31, 2023 | 36.19% |
| Sep 30, 2023 | 46.37% |
| Jun 30, 2023 | 42.73% |
| Mar 31, 2023 | 52.78% |
| Dec 31, 2022 | 46.55% |
| Sep 30, 2022 | 50.25% |
| Jun 30, 2022 | 38.76% |
| Mar 31, 2022 | 37.24% |
| Dec 31, 2021 | 31.21% |
| Sep 30, 2021 | 32.12% |
API Access
Elutia 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=ELUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ELUT", "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=ELUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();