CG Oncology (CGON) Gross Margin (2024 - 2026)

CG Oncology (CGON) posted Gross Margin of 173.5% for Q1 2026, down 438.59% on a QoQ basis from 32.21% in Q4 2025, and down 27350.0% year-over-year from N/an in Q1 2025.

CG Oncology (CGON) Gross Margin (2024 - 2026) Analysis & Trends

CG Oncology's Gross Margin history runs 3 years deep, the most recent figure standing at 173.5% for Q1 2026.

  • Quarterly Gross Margin fell 27350.0% year-over-year to 173.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.02% (changed N/A YoY) and the FY2025 annual result came in at 15.02%, down 11502.0% from the prior year.
  • Gross Margin was 173.5% for Q1 2026 at CG Oncology, down from 32.21% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q3 2024 and bottomed at 173.5% in Q1 2026.
  • A 3-year average of 16.6% and a median of 52.67% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2025 — Gross Margin slumped 9466 bps — and 2026, when it slumped 27350 bps.
  • CG Oncology's Gross Margin stood at 100.0% in 2024, then plunged by 132 bps to 32.21% in 2025, then slumped by 439 bps to 173.5% in 2026.
  • Business Quant data shows CGON's Gross Margin at 173.5% in Q1 2026, 32.21% in Q4 2025, and 5.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 88.95%
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 86.85%
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 91.79%
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 90.68%
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 CG Oncology 5.86 Bn 5.86 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%