Alvotech (ALVO) Gross Margin (2022 - 2026)
Alvotech (ALVO) posted Gross Margin of 9.95% for Q1 2026, up 117.28% on a QoQ basis from 57.58% in Q4 2025, and down 3050.0% year-over-year from 0.34% in Q1 2025.
Alvotech (ALVO) Gross Margin (2022 - 2026) Analysis & Trends
Alvotech's Gross Margin history runs 5 years deep, the most recent figure standing at 9.95% for Q1 2026.
- Quarterly Gross Margin fell 3050.0% year-over-year to 9.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.62% (up 6226.0% YoY) and the FY2025 annual result came in at 14.74%, down 1750.0% from the prior year.
- Gross Margin was 9.95% for Q1 2026 at Alvotech, up from 57.58% in the prior quarter.
- Across five years, Gross Margin topped out at 40.45% in Q1 2025 and bottomed at 751.13% in Q4 2023.
- A 5-year average of 154.43% and a median of 60.88% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 38587 bps — and 2024, when it soared 56999 bps.
- Alvotech's Gross Margin stood at 365.27% in 2022, then plunged by 106 bps to 751.13% in 2023, then jumped by 76 bps to 181.15% in 2024, then soared by 68 bps to 57.58% in 2025, then surged by 117 bps to 9.95% in 2026.
- Business Quant data shows ALVO's Gross Margin at 9.95% in Q1 2026, 57.58% in Q4 2025, and 7.22% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 49.52% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 71.66% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 62.93% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 82.93% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 32.97% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 98.31% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 57.26% |
| 10 | Alvotech | 935.87 Mn | 935.87 Mn | 5.09 Mn | 9.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.95% |
| Dec 31, 2025 | -57.58% |
| Sep 30, 2025 | -7.22% |
| Jun 30, 2025 | 22.15% |
| Mar 31, 2025 | 40.45% |
| Dec 31, 2024 | -181.15% |
| Sep 30, 2024 | 35.90% |
| Jun 30, 2024 | -60.88% |
| Mar 31, 2024 | -60.56% |
| Dec 31, 2023 | -751.13% |
| Jun 30, 2023 | -146.36% |
| Mar 31, 2023 | -146.44% |
| Dec 31, 2022 | -365.27% |
| Jun 30, 2022 | -361.64% |
| Mar 31, 2022 | -286.73% |