Henry Schein (HSIC) Gross Margin (2009 - 2026)

Henry Schein's (HSIC) quarterly Gross Margin came in at 31.77% in Q1 2026, up 20.0% year-on-year from 26.47% in Q1 2025, and up 2.72% quarter-over-quarter from 30.93% in Q4 2025.

Henry Schein (HSIC) Gross Margin (2009 - 2026) Analysis & Trends

Henry Schein's Gross Margin history runs 18 years deep, the most recent figure standing at 31.77% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 20.0% year-over-year to 31.77% in Q1 2026; TTM through Mar 2026 was 31.19%, a 41.0% decrease from a year earlier, with the FY2025 full-year figure at 31.14%, down 55.0% from the prior year.
  • Gross Margin improved to 31.77% in Q1 2026 per HSIC's latest filing, from 30.93% in the prior quarter.
  • Across five years, Gross Margin topped out at 32.46% in Q2 2024 and bottomed at 29.64% in Q4 2022.
  • The 5-year median for Gross Margin is 31.29% (2024), against an average of 31.14%.
  • Across the five-year window, Gross Margin jumped 167 bps in 2023 and slumped 110 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 29.64% in 2022, then gained by 3 bps to 30.63% in 2023, then increased by 2 bps to 31.12% in 2024, then slipped by 1 bps to 30.93% in 2025, then advanced by 3 bps to 31.77% in 2026.
  • Per Business Quant, the three latest HSIC Gross Margin figures stand at 31.77% (Q1 2026), 30.93% (Q4 2025), and 30.73% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Mckesson 105.15 Bn 101.18 Bn 4.04 Bn 4.20%
2 Cencora 60.58 Bn 58.40 Bn 3.59 Bn 4.58%
3 Cardinal Health 53.81 Bn 49.87 Bn 2.50 Bn 4.10%
4 Henry Schein 9.71 Bn 9.57 Bn 1.07 Bn 31.77%
5 Akso Health 3.28 Bn 3.28 Bn - -
6 111 651.73 Mn 572.63 Mn 23.58 Mn 5.85%
7 Accendra Health 248.02 Mn -88.86 Mn 278.03 Mn 44.29%
8 Edap Tms 230.14 Mn 215.14 Mn 8.15 Mn 45.73%
9 VitaNova Life Sciences 11.51 Mn 11.01 Mn 316,343.00 44.58%
10 Cosmos Health 9.57 Mn 7.41 Mn 1.38 Mn 7.70%

Historic Data

Download Data
DateValue
Mar 28, 2026 31.77%
Dec 27, 2025 30.93%
Sep 27, 2025 30.73%
Jun 28, 2025 31.36%
Mar 29, 2025 31.57%
Dec 28, 2024 31.12%
Sep 28, 2024 31.29%
Jun 29, 2024 32.46%
Mar 30, 2024 31.90%
Dec 30, 2023 30.63%
Sep 30, 2023 31.47%
Jul 1, 2023 31.45%
Apr 1, 2023 31.57%
Dec 31, 2022 29.64%
Sep 24, 2022 29.80%
Jun 25, 2022 31.19%
Mar 26, 2022 30.61%
Dec 25, 2021 29.42%
Sep 25, 2021 28.70%
Jun 26, 2021 30.03%