Henry Schein (HSIC) Gross Margin (2009 - 2026)
Henry Schein (HSIC) posted quarterly Gross Margin of 31.77% for Q1 2026, up 20.0% year-over-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.
- In Q1 2026, Gross Margin rose 20.0% year-over-year to 31.77%; the TTM figure through Mar 2026 stood at 31.19% (down 41.0% YoY), while the FY2025 annual figure was 31.14%, down 55.0% from the prior year.
- Gross Margin for Q1 2026 stood at 31.77%, up from 30.93% in the prior quarter.
- The five-year high for Gross Margin was 32.46% in Q2 2024, with the low at 29.64% in Q4 2022.
- The 5-year median for Gross Margin is 31.29% (2024), against an average of 31.14%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 167 bps in 2023, then sank 110 bps in 2025.
- Henry Schein's Gross Margin stood at 29.64% in 2022, then rose by 3 bps to 30.63% in 2023, then grew by 2 bps to 31.12% in 2024, then decreased by 1 bps to 30.93% in 2025, then gained by 3 bps to 31.77% in 2026.
- Business Quant data shows HSIC's Gross Margin at 31.77% in Q1 2026, 30.93% in Q4 2025, and 30.73% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 102.37 Bn | 97.20 Bn | 3.69 Bn | 3.50% |
| 2 | Cencora | 61.58 Bn | 58.76 Bn | 3.61 Bn | 4.26% |
| 3 | Cardinal Health | 54.09 Bn | 49.23 Bn | 2.56 Bn | 4.02% |
| 4 | Henry Schein | 10.07 Bn | 9.91 Bn | 1.10 Bn | 31.84% |
| 5 | Akso Health | 686.57 Mn | 686.37 Mn | - | - |
| 6 | Edap Tms | 155.74 Mn | 134.20 Mn | 7.34 Mn | 55.58% |
| 7 | Accendra Health | 93.18 Mn | 85.53 Mn | 263.41 Mn | 42.95% |
| 8 | 111 | 30.17 Mn | -28.59 Mn | 18.18 Mn | 5.31% |
| 9 | Cosmos Health | 13.11 Mn | 10.66 Mn | 1.51 Mn | 7.96% |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | 14.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 31.84% |
| 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% |