Growth Metrics

Surgery Partners (SGRY) Gross Margin (2016 - 2025)

Surgery Partners' Gross Margin history spans 12 years, with the latest figure at 17.41% for Q4 2025.

  • For Q4 2025, Gross Margin fell 5679.0% year-over-year to 17.41%; the TTM value through Dec 2025 reached 73.44%, down 479.0%, while the annual FY2025 figure was 73.44%, 46.0% down from the prior year.
  • Gross Margin for Q4 2025 was 17.41% at Surgery Partners, down from 94.04% in the prior quarter.
  • Across five years, Gross Margin topped out at 154.49% in Q4 2021 and bottomed at 16.15% in Q4 2022.
  • The 5-year median for Gross Margin is 73.83% (2024), against an average of 81.31%.
  • The largest annual shift saw Gross Margin plummeted -13834bps in 2022 before it soared 13477bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 154.49% in 2021, then tumbled by -90bps to 16.15% in 2022, then soared by 834bps to 150.92% in 2023, then crashed by -51bps to 74.2% in 2024, then tumbled by -77bps to 17.41% in 2025.
  • Per Business Quant, the three most recent readings for SGRY's Gross Margin are 17.41% (Q4 2025), 94.04% (Q3 2025), and 93.29% (Q2 2025).