TELA Bio (TELA) Gross Margin (2018 - 2026)
TELA Bio (TELA) posted Gross Margin of 72.28% for Q2 2026, up 10.03% on a QoQ basis from 65.69% in Q1 2026, and up 244.0% year-over-year from 21.01% in Q2 2025.
Analysis
TELA Bio (TELA) Gross Margin (2018 - 2026) Analysis & Trends
TELA Bio has reported Gross Margin for 9 years, with the latest figure at 72.28% in Q2 2026.
- On a quarterly basis, Gross Margin rose 244.0% year-over-year to 72.28% in Q2 2026; TTM through Jun 2026 was 67.81%, a 51.0% increase from a year earlier, with the FY2025 full-year figure at 67.69%, up 61.0% from the prior year.
- Gross Margin was 72.28% for Q2 2026 at TELA Bio, up from 65.69% in the prior quarter.
- The five-year high for Gross Margin was 72.28% in Q2 2026, with the low at 60.73% in Q1 2022.
- Average Gross Margin over 5 years is 67.28%, with a median of 67.69% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 744 bps in 2023, then plunged 481 bps in 2024.
- Over 5 years, Gross Margin stood at 70.35% in 2022, then slipped by 3 bps to 68.38% in 2023, then declined by 7 bps to 63.58% in 2024, then increased by 4 bps to 65.91% in 2025, then climbed by 10 bps to 72.28% in 2026.
- The last three Gross Margin figures came in at 72.28% (Q2 2026), 65.69% (Q1 2026), and 65.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.79 Bn | 174.18 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.23 Bn | 108.41 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 103.55 Bn | 100.07 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 32.83 Bn | 31.37 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 45.84% |
| 10 | TELA Bio | 50.22 Mn | 19.80 Mn | 13.94 Mn | 72.28% |
Historic Data
Download Data
Historic 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% |