Alvotech (ALVO) Gross Margin (2022 - 2026)
Alvotech's Gross Margin came in at 4.68% for Q2 2026, down 17.47 percentage points from 22.15% a year earlier and down 5.27 percentage points from the prior quarter.
Alvotech (ALVO) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alvotech reported Gross Margin of 7.23%, down 4.39 percentage points year-over-year; for FY2025, it came in at 5103.68%, up 5071.45 percentage points from FY2024.
- Gross Margin carries a five-year change of +5004.33 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 32.24% in FY2024 (+262.54 pp), -230.31% in FY2023 (-72.23 pp) and -158.07% in FY2022.
- The five-year range for quarterly Gross Margin is -751.13% (Q4 2023) to 233.58% (Q2 2022).
- Year-over-year, Gross Margin increased in three of the last six quarters, with an average year-over-year change of +123.39 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2024 (a gain of 723.73 percentage points), and the weakest in Q2 2023 (a drop of 554.16 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 85.33% |
| 10 | Alvotech | 1.92 Bn | 1.48 Bn | 2.56 Mn | 4.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.68% |
| Mar 31, 2026 | 9.95% |
| Sep 30, 2025 | -7.22% |
| Jun 30, 2025 | 22.15% |
| Mar 31, 2025 | 40.45% |
| Dec 31, 2024 | -27.40% |
| Sep 30, 2024 | 35.90% |
| Jun 30, 2024 | 15.47% |
| Mar 31, 2024 | -60.56% |
| Dec 31, 2023 | -751.13% |
| Sep 30, 2023 | -415.57% |
| Jun 30, 2023 | -320.58% |
| Dec 31, 2022 | -365.27% |
| Jun 30, 2022 | 233.58% |
Alvotech Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ALVO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ALVO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ALVO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();