TELA Bio (TELA) Gross Margin (2018 - 2026)

TELA Bio's (TELA) quarterly Gross Margin came in at 65.69% in Q1 2026, down 187.0% year-on-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.

  • On a quarterly basis, Gross Margin fell 187.0% year-over-year to 65.69% in Q1 2026; TTM through Mar 2026 was 67.25%, a 32.0% increase from a year earlier, with the FY2025 full-year figure at 67.69%, up 61.0% from the prior year.
  • Gross Margin steadied at 65.69% in Q1 2026 per TELA's latest filing, from 65.91% in the prior quarter.
  • Across five years, Gross Margin topped out at 70.38% in Q2 2023 and bottomed at 60.73% in Q1 2022.
  • The 5-year median for Gross Margin is 67.56% (2025), against an average of 66.98%.
  • Across the five-year window, Gross Margin soared 744 bps in 2023 and sank 481 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 70.35% in 2022, then decreased by 3 bps to 68.38% in 2023, then dropped by 7 bps to 63.58% in 2024, then grew by 4 bps to 65.91% in 2025, then fell by 0 bps to 65.69% in 2026.
  • Per Business Quant, the three latest TELA Gross Margin figures stand at 65.69% (Q1 2026), 65.91% (Q4 2025), and 67.52% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 183.67 Bn 176.38 Bn 6.27 Bn 56.20%
2 Stryker 128.91 Bn 126.03 Bn 3.81 Bn 63.29%
3 Medtronic 108.84 Bn 99.62 Bn 6.41 Bn 65.35%
4 Boston Scientific 68.57 Bn 67.12 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 48.68 Bn 45.01 Bn 1.29 Bn 78.01%
6 Dexcom 28.42 Bn 27.31 Bn 750.30 Mn 62.95%
7 GE HealthCare Technologies 28.38 Bn 26.09 Bn 1.98 Bn 38.53%
8 Smith & Nephew 26.94 Bn 26.36 Bn - -
9 Koninklijke Philips 25.50 Bn 22.38 Bn 2.07 Bn 45.22%
10 TELA Bio 38.24 Mn -1.30 Mn 12.52 Mn 65.69%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 67.31%