GKOS Glaukos margins

Relative Growth: Rel. Growth: 66

Relative Strength: Rel. Strength: 98

Relative Valuation: Rel. Valuation: 5

Relative Profitability: Rel. Profitability: 22

Gross margin

64.8%

Operating margin

-25.5%

EBITDA margin

-17.9%

Net margin

-24.6%

Glaukos reports a gross margin of 64.8%, an operating margin of -25.5%, an EBITDA margin of -17.9%, and a net margin of -24.6%, but its operating margin is negative at -25.5%, its EBITDA margin is negative at -17.9%, and its net margin is negative at -24.6%. Gross margin led the decline across the available margins, contracting by 12.1 percentage points.

GKOS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Glaukos's margins averaged 70.72% gross, -32.48% operating, -22.53% EBITDA, and -34.11% net. For Glaukos, operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

GKOS margin expansion

Year-over-year margin changes in percentage points

Gross margin led the decline, falling by 12.1 percentage points, while the other available margins also decreased.

Gross margin expansion

-12.1pp

Operating margin expansion

-6.7pp

EBITDA margin expansion

-8.8pp

Net margin expansion

-6pp

GKOS Gross margin

The average gross margin for Glaukos was 70.72% during the last 3 years. The current gross margin stands at 64.8%, 5.9 percentage points below its three-year average. The gross margin for Glaukos moved between 55.7% in Dec 2025 and 76.9% in Sep 2025.

GKOS Operating margin

The average operating margin for Glaukos was -32.48% in the last 3 years. Against its three-year average, Glaukos's operating margin is currently -25.5%, 7 percentage points above its three-year average. The operating margin for Glaukos moved between -41.3% in Mar 2024 and -18.8% in Sep 2025.

GKOS EBITDA margin

Looking back over the last 3 years, Glaukos recorded an average EBITDA margin of -22.53%. Glaukos's current EBITDA margin is -17.9% and is 4.6 percentage points above its three-year average. The highest EBITDA margin for Glaukos was -9.1% in Sep 2025, while the lowest was -30.7% in Jun 2024.

GKOS Net margin

Glaukos recorded an average net margin of -34.11% across the last 3 years. Against its three-year average, Glaukos's net margin is currently -24.6%, 9.5 percentage points above its three-year average. The net margin for Glaukos moved between -46.4% in Jun 2024 and -18.6% in Sep 2025.

GKOS margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 64.8%, GKOS is above the industry average but below the Healthcare sector average. Compared to its Healthcare sector average of 68.3%, Glaukos's gross margin is 5% lower.

GKOS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Glaukos's gross margin?

For the period ending Sep 30, 2026, GKOS recorded a gross margin of 64.8%.

What is Glaukos's operating margin?

As of Sep 30, 2026, GKOS has an operating margin of -25.5%.

What is Glaukos's EBITDA margin?

For the period ending Sep 30, 2026, GKOS recorded an EBITDA margin of -17.9%.

What is Glaukos's net margin?

The current net margin for GKOS is -24.6% as of Sep 30, 2026.

What are the average margins of GKOS?

The three-year average margins for GKOS were 70.7% gross, -32.5% operating, -22.5% EBITDA, and -34.1% net.

What are the highest historical margins of GKOS?

Over this 5-year history, GKOS peaked at 77.3% gross in Dec 2021, -3.8% operating in Mar 2022, 7.1% EBITDA in Mar 2022, and -9.4% net in Mar 2022.

What are the lowest historical margins of GKOS?

In the last 5 years, the lowest margins reported by GKOS were 55.7% gross in Dec 2025, -43.3% operating in Mar 2023, -30.7% EBITDA in Jun 2024, and -48.2% net in Mar 2023.