• Bruker average gross margin for 2023 was 51.52%, a 1.12% decline from 2022.
• Bruker average gross margin for 2022 was 50.95%, a 2.93% increase from 2021.
• Bruker average gross margin for 2021 was 49.5%, a 4.67% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.