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
DateValue
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%