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| 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% |