TELA Bio (TELA) Gross Margin (2018 - 2026)
TELA Bio (TELA) posted Gross Margin of 72.28% for Q2 2026, up 2.44 percentage points from 69.84% a year earlier and up 6.59 percentage points from the prior quarter.
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Analysis
TELA Bio (TELA) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at TELA Bio was 67.81%, up 0.51 percentage points year-over-year; for FY2025, it came in at 67.69%, up 0.61 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +6.01 percentage points (FY2020 to FY2025).
- In prior years, TELA Bio's Gross Margin was 67.08% in FY2024 (-1.54 pp), 68.62% in FY2023 (+3.33 pp), 65.30% in FY2022 (+1.44 pp) and 63.85% in FY2021 (+2.17 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q3 2018.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.39 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2023, with a gain of 7.44 percentage points; the weakest was Q4 2024, with a drop of 4.81 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 65.69% (Q1 2026), 65.91% (Q4 2025) and 67.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | 46.46% |
| 10 | TELA Bio | 71.77 Mn | -78.76 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% |
API Access
TELA Bio Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TELA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TELA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TELA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();