STE · 8-K · 20260805PR053412

Gross Margin Drivers

STERIS plc · 2026-08-05 · Importance 42 · Surprise 14 · Contradicted

Gross profit increased to $684.2 million from $628.0 million, a year-over-year increase of $56.2 million or 8.9%. Consolidated gross margin increased to approximately 45.8% from 45.1%, an improvement of about 70 basis points. Healthcare profitability benefited from volume, price, productivity, and favorable mix, while inflation and increased tariff costs partially offset those gains. AST and Life Sciences also reported price-related operating benefits, but AST incurred higher depreciation and labor costs and Life Sciences experienced lower productivity.

Key facts

• Gross profit for the three months ended June 30, 2026 was $684.2 million compared with $628.0 million in 2025. source

Impact estimates