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
DateValue
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%