TELA Bio (TELA) Gross Margin (2018 - 2026)
TELA Bio (TELA) posted quarterly Gross Margin of 65.69% for Q1 2026, down 187.0% year-over-year from 75.51% in Q1 2025, and little changed quarter-over-quarter from 65.91% in Q4 2025.
TELA Bio (TELA) Gross Margin (2018 - 2026) Analysis & Trends
TELA Bio's Gross Margin history runs 9 years deep, the most recent figure standing at 65.69% for Q1 2026.
- In Q1 2026, Gross Margin fell 187.0% year-over-year to 65.69%; the TTM figure through Mar 2026 stood at 67.25% (up 32.0% YoY), while the FY2025 annual figure was 67.69%, up 61.0% from the prior year.
- Gross Margin for Q1 2026 stood at 65.69%, roughly flat from 65.91% in the prior quarter.
- The five-year high for Gross Margin was 70.38% in Q2 2023, with the low at 60.73% in Q1 2022.
- The 5-year median for Gross Margin is 67.56% (2025), against an average of 66.98%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 744 bps in 2023, then plunged 481 bps in 2024.
- TELA Bio's Gross Margin stood at 70.35% in 2022, then retreated by 3 bps to 68.38% in 2023, then slipped by 7 bps to 63.58% in 2024, then climbed by 4 bps to 65.91% in 2025, then declined by 0 bps to 65.69% in 2026.
- Business Quant data shows TELA's Gross Margin at 65.69% in Q1 2026, 65.91% in Q4 2025, and 67.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 45.84% |
| 10 | TELA Bio | 37.86 Mn | 7.44 Mn | 13.94 Mn | 72.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 72.28% |
| Mar 31, 2026 | 65.69% |
| Dec 31, 2025 | 65.91% |
| Sep 30, 2025 | 67.52% |
| Jun 30, 2025 | 69.84% |
| Mar 31, 2025 | 67.56% |
| Dec 31, 2024 | 63.58% |
| Sep 30, 2024 | 67.83% |
| Jun 30, 2024 | 68.81% |
| Mar 31, 2024 | 68.28% |
| Dec 31, 2023 | 68.38% |
| Sep 30, 2023 | 69.02% |
| Jun 30, 2023 | 70.38% |
| Mar 31, 2023 | 66.32% |
| Dec 31, 2022 | 70.35% |
| Sep 30, 2022 | 65.59% |
| Jun 30, 2022 | 62.94% |
| Mar 31, 2022 | 60.73% |
| Dec 31, 2021 | 67.58% |
| Sep 30, 2021 | 60.13% |