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| Date | Value |
|---|---|
| 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% |