Sotera Health (SHC) Gross Margin (2020 - 2026)
Sotera Health (SHC) posted Gross Margin of 55.38% for Q2 2026, up 5.44% on a QoQ basis from 52.52% in Q1 2026, and down 123.0% year-over-year from 240.76% in Q2 2025.
Analysis
Sotera Health (SHC) Gross Margin (2020 - 2026) Analysis & Trends
Sotera Health has reported Gross Margin for 7 years, with the latest figure at 55.38% in Q2 2026.
- On a quarterly basis, Gross Margin fell 123.0% year-over-year to 55.38% in Q2 2026; TTM through Jun 2026 was 54.97%, a 56.0% decrease from a year earlier, with the FY2025 full-year figure at 55.48%, up 74.0% from the prior year.
- Gross Margin was 55.38% for Q2 2026 at Sotera Health, up from 52.52% in the prior quarter.
- The five-year high for Gross Margin was 58.05% in Q4 2023, with the low at 50.55% in Q1 2023.
- Average Gross Margin over 5 years is 54.92%, with a median of 55.3% recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Gross Margin tumbled 389 bps in 2023, then soared 199 bps in 2025.
- Over 5 years, Gross Margin stood at 56.33% in 2022, then rose by 3 bps to 58.05% in 2023, then dropped by 2 bps to 56.64% in 2024, then declined by 3 bps to 54.68% in 2025, then gained by 1 bps to 55.38% in 2026.
- The last three Gross Margin figures came in at 55.38% (Q2 2026), 52.52% (Q1 2026), and 54.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 64.58% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 33.75% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 29.80% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | 65.39% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 71.70% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 69.16% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 55.38% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 70.45% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 71.82% |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 72.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.38% |
| Mar 31, 2026 | 52.52% |
| Dec 31, 2025 | 54.68% |
| Sep 30, 2025 | 57.04% |
| Jun 30, 2025 | 56.61% |
| Mar 31, 2025 | 53.21% |
| Dec 31, 2024 | 56.64% |
| Sep 30, 2024 | 55.36% |
| Jun 30, 2024 | 55.24% |
| Mar 31, 2024 | 51.22% |
| Dec 31, 2023 | 58.05% |
| Sep 30, 2023 | 55.47% |
| Jun 30, 2023 | 54.68% |
| Mar 31, 2023 | 50.55% |
| Dec 31, 2022 | 56.33% |
| Sep 30, 2022 | 54.69% |
| Jun 30, 2022 | 56.40% |
| Mar 31, 2022 | 54.43% |
| Dec 31, 2021 | 55.52% |
| Sep 30, 2021 | 55.53% |