TELA Bio (TELA) Gross Margin (2018 - 2026)
TELA Bio's 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 has reported Gross Margin for 9 years, with the latest figure at 65.69% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 187.0% year-over-year to 65.69%; the trailing twelve-month figure through Mar 2026 stood at 67.25% (up 32.0% YoY), and the FY2025 full-year result 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.
- Average Gross Margin over 5 years is 66.98%, with a median of 67.56% recorded in 2025.
- Year-over-year, Gross Margin soared 744 bps in 2023 and sank 481 bps in 2024.
- Tracing TELA's Gross Margin over 5 years: 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 retreated by 0 bps to 65.69% in 2026.
- The last three Gross Margin figures came in at 65.69% (Q1 2026), 65.91% (Q4 2025), and 67.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | TELA Bio | 13.26 Mn | -26.28 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% |
| Mar 31, 2021 | 58.96% |
| Dec 31, 2020 | 64.62% |
| Sep 30, 2020 | 61.87% |
| Jun 30, 2020 | 59.45% |
| Mar 31, 2020 | 59.04% |
| Dec 31, 2019 | 60.92% |
| Sep 30, 2019 | 65.54% |
| Jun 30, 2019 | 57.74% |
| Mar 31, 2019 | 54.39% |
| Dec 31, 2018 | 42.36% |
| Sep 30, 2018 | 61.80% |