Alvotech (ALVO) Gross Margin (2022 - 2025)
Alvotech (ALVO) reported Gross Margin of 57.58% for Q4 2025, up 12357.0% on a YoY basis from N/an in Q4 2024, and down 697.55% quarter-over-quarter from 7.22% in Q3 2025.
Alvotech (ALVO) Gross Margin (2022 - 2025) Analysis & Trends
Alvotech has reported Gross Margin for 4 years, with the latest figure at 57.58% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 12357.0% year-over-year to 57.58%; the trailing twelve-month figure through Dec 2025 stood at 14.74% (up 6442.0% YoY), and the FY2025 full-year result was 14.74%, down 1750.0% from the prior year.
- Gross Margin for Q4 2025 stood at 57.58%, down from 7.22% in the prior quarter.
- The five-year high for Gross Margin was 40.45% in Q1 2025, with the low at 751.13% in Q4 2023.
- Historically, Gross Margin has averaged 166.18% across 4 years, with a median of 103.62% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin sank 38587 bps — and 2024, when it soared 56999 bps.
- Alvotech's Gross Margin stood at 365.27% in 2022, then slumped by 106 bps to 751.13% in 2023, then surged by 76 bps to 181.15% in 2024, then jumped by 68 bps to 57.58% in 2025.
- The last three Gross Margin figures came in at 57.58% (Q4 2025), 7.22% (Q3 2025), and 22.15% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -293.83% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 65.25% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 61.20% |
| 10 | Alvotech | 12.16 Mn | -160.20 Mn | -22.39 Mn | -57.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |