Amphastar Pharmaceuticals (AMPH) Gross Margin (2013 - 2026)
Amphastar Pharmaceuticals' (AMPH) quarterly Gross Margin came in at 41.08% in Q1 2026, down 891.0% year-on-year from 5.19% in Q1 2025, and down 12.19% quarter-over-quarter from 46.79% in Q4 2025.
Amphastar Pharmaceuticals (AMPH) Gross Margin (2013 - 2026) Analysis & Trends
Amphastar Pharmaceuticals' Gross Margin history runs 14 years deep, the most recent figure standing at 41.08% for Q1 2026.
- On a quarterly basis, Gross Margin fell 891.0% year-over-year to 41.08% in Q1 2026; TTM through Mar 2026 was 47.34%, a 316.0% decrease from a year earlier, with the FY2025 full-year figure at 49.46%, down 162.0% from the prior year.
- Gross Margin fell to 41.08% in Q1 2026 per AMPH's latest filing, from 46.79% in the prior quarter.
- Across five years, Gross Margin topped out at 60.04% in Q3 2023 and bottomed at 41.08% in Q1 2026.
- The 5-year median for Gross Margin is 51.31% (2022), against an average of 50.53%.
- Across the five-year window, Gross Margin soared 1133 bps in 2023 and slumped 891 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 52.71% in 2022, then grew by 2 bps to 53.98% in 2023, then fell by 14 bps to 46.45% in 2024, then climbed by 1 bps to 46.79% in 2025, then fell by 12 bps to 41.08% in 2026.
- Per Business Quant, the three latest AMPH Gross Margin figures stand at 41.08% (Q1 2026), 46.79% (Q4 2025), and 51.42% (Q3 2025).
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 | Amphastar Pharmaceuticals | 855.23 Mn | 684.09 Mn | 70.32 Mn | 41.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.08% |
| Dec 31, 2025 | 46.79% |
| Sep 30, 2025 | 51.42% |
| Jun 30, 2025 | 49.59% |
| Mar 31, 2025 | 49.99% |
| Dec 31, 2024 | 46.45% |
| Sep 30, 2024 | 53.31% |
| Jun 30, 2024 | 52.18% |
| Mar 31, 2024 | 52.43% |
| Dec 31, 2023 | 53.98% |
| Sep 30, 2023 | 60.04% |
| Jun 30, 2023 | 49.92% |
| Mar 31, 2023 | 52.73% |
| Dec 31, 2022 | 52.71% |
| Sep 30, 2022 | 48.71% |
| Jun 30, 2022 | 51.31% |
| Mar 31, 2022 | 46.38% |
| Dec 31, 2021 | 46.52% |
| Sep 30, 2021 | 45.62% |
| Jun 30, 2021 | 46.60% |