Surgery Partners Gross Margin Growth & History (SGRY)
Surgery Partners's gross margin was 23.12% for fiscal 2025.
View full Surgery Partners company overviewSurgery Partners annual gross margin history
2013
2014
2015
2016
2018
2019
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.12% | −0.82 pp |
| 2024 | 2024-12-31 | 23.94% | +0.34 pp |
| 2023 | 2023-12-31 | 23.60% | +0.96 pp |
| 2022 | 2022-12-31 | 22.64% | — |
| 2019 | 2019-12-31 | 23.14% | −0.01 pp |
| 2018 | 2018-12-31 | 23.15% | — |
| 2016 | 2016-12-31 | 28.31% | −1.96 pp |
| 2015 | 2015-12-31 | 30.27% | −6.70 pp |
| 2014 | 2014-12-31 | 36.97% | −3.35 pp |
| 2013 | 2013-12-31 | 40.32% | — |
Surgery Partners quarterly gross margin
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.41% | −1.27 pp |
| Q1 2026 | 2026-03-31 | 19.76% | −1.11 pp |
| Q4 2025 | 2025-12-31 | 23.98% | — |
| Q3 2025 | 2025-09-30 | 23.77% | — |
| Q2 2025 | 2025-06-30 | 23.67% | — |
| Q1 2025 | 2025-03-31 | 20.86% | — |
| Q4 2019 | 2019-12-31 | 24.98% | −1.79 pp |
| Q3 2019 | 2019-09-30 | 21.88% | −0.81 pp |
| Q2 2019 | 2019-06-30 | 23.57% | +1.47 pp |
| Q1 2019 | 2019-03-31 | 21.76% | +1.34 pp |
| Q4 2018 | 2018-12-31 | 26.77% | +0.35 pp |
| Q3 2018 | 2018-09-30 | 22.69% | — |
| Q2 2018 | 2018-06-30 | 22.10% | −2.83 pp |
| Q1 2018 | 2018-03-31 | 20.42% | −5.52 pp |
| Q4 2017 | 2017-12-31 | 26.42% | −3.56 pp |
| Q2 2017 | 2017-06-30 | 24.94% | −2.97 pp |
| Q1 2017 | 2017-03-31 | 25.94% | −0.41 pp |
| Q4 2016 | 2016-12-31 | 29.98% | −0.45 pp |
| Q3 2016 | 2016-09-30 | 28.76% | −0.78 pp |
| Q2 2016 | 2016-06-30 | 27.90% | −2.71 pp |
| Q1 2016 | 2016-03-31 | 26.35% | −4.15 pp |
| Q4 2015 | 2015-12-31 | 30.44% | −2.45 pp |
| Q3 2015 | 2015-09-30 | 29.54% | −10.99 pp |
| Q2 2015 | 2015-06-30 | 30.61% | −10.59 pp |
| Q1 2015 | 2015-03-31 | 30.50% | −8.42 pp |
| Q4 2014 | 2014-12-31 | 32.89% | — |
| Q3 2014 | 2014-09-30 | 40.53% | — |
| Q2 2014 | 2014-06-30 | 41.20% | — |
| Q1 2014 | 2014-03-31 | 38.92% | — |
Surgery Partners gross margin trends
Between the periods ended 2013-12-31 and 2025-12-31, Surgery Partners's gross margin decreased from 40.32% to 23.12%, a change of −17.20 percentage points. The latest reported quarter, Q2 2026, shows 22.41%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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