CG Oncology (CGON) Gross Margin (2024 - 2026)
CG Oncology (CGON) reported Gross Margin of 173.5% for Q1 2026, down 27350.0% on a YoY basis from N/an in Q1 2025, and down 438.59% quarter-over-quarter from 32.21% in Q4 2025.
CG Oncology (CGON) Gross Margin (2024 - 2026) Analysis & Trends
CG Oncology has reported Gross Margin for 3 years, with the latest figure at 173.5% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 27350.0% year-over-year to 173.5%; the trailing twelve-month figure through Mar 2026 stood at 49.02% (changed N/A YoY), and the FY2025 full-year result was 15.02%, down 11502.0% from the prior year.
- Gross Margin for Q1 2026 stood at 173.5%, down from 32.21% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q3 2024, with the low at 173.5% in Q1 2026.
- Historically, Gross Margin has averaged 16.6% across 3 years, with a median of 52.67% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin tumbled 9466 bps — and 2026, when it tumbled 27350 bps.
- CG Oncology's Gross Margin stood at 100.0% in 2024, then slumped by 132 bps to 32.21% in 2025, then plunged by 439 bps to 173.5% in 2026.
- The last three Gross Margin figures came in at 173.5% (Q1 2026), 32.21% (Q4 2025), and 5.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 79.04% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | CG Oncology | 5.16 Bn | 5.16 Bn | -1.88 Mn | -173.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -173.50% |
| Dec 31, 2025 | -32.21% |
| Sep 30, 2025 | 5.34% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 100.00% |