GE HealthCare Technologies Inc. stock research
FY2026 Q1
GE HealthCare Technologies (GEHC) Gross Margin & Quarterly History
Explore GE HealthCare Technologies Inc. (GEHC) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue decreased from the preceding quarter but increased compared to the same quarter a year earlier. Gross profit decreased from the preceding quarter and was unchanged from a year ago, while cost of revenue decreased from the preceding quarter but increased from a year ago, resulting in a gross margin that weakened both sequentially and year-over-year.
- The strongest observable driver of the gross margin change was the relative movement of cost of revenue compared to revenue. Sequentially, cost of revenue declined less than revenue, and year-over-year, cost of revenue increased more than revenue, directly compressing the margin.
- Compared to the preceding quarter, gross margin weakened as revenue declined more sharply than cost of revenue. Compared to the same quarter a year earlier, gross margin also weakened as revenue growth was outpaced by a larger increase in cost of revenue.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
38.5%
Gross profit
$2.0B
Revenue
$5.1B
Cost of revenue
$3.2B
Quarter-over-quarter change
-1.2 pts
Year-over-year change
-3.6 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $5.0B | $2.0B | $3.0B | 39.6% |
| Sep 30, 2025 | $5.1B | $2.0B | $3.2B | 38.7% |
| Dec 31, 2025 | $5.7B | $2.3B | $3.4B | 39.7% |
| Mar 31, 2026 | $5.1B | $2.0B | $3.2B | 38.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-1.2 pts
Year-over-year change
Mar 31, 2025
-3.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver of the gross margin change was the relative movement of cost of revenue compared to revenue. Sequentially, cost of revenue declined less than revenue, and year-over-year, cost of revenue increased more than revenue, directly compressing the margin.
Compared to the preceding quarter, gross margin weakened as revenue declined more sharply than cost of revenue. Compared to the same quarter a year earlier, gross margin also weakened as revenue growth was outpaced by a larger increase in cost of revenue.
Monitor the trend in the relationship between revenue growth and cost of revenue growth, as the margin compression was associated with faster cost increases relative to revenue.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| GE HealthCare Technologies Inc. (GEHC) | 38.5% |