Elanco Animal Health (ELAN) Gross Margin (2017 - 2026)
Elanco Animal Health (ELAN) reported Gross Margin of 57.26% for Q1 2026, down 8.0% on a YoY basis from 62.24% in Q1 2025, and up 11.21% sequentially from 51.49% in Q4 2025.
Elanco Animal Health (ELAN) Gross Margin (2017 - 2026) Analysis & Trends
Elanco Animal Health (ELAN) has 10 years of Gross Margin data on file, last reported at 57.26% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 8.0% year-over-year to 57.26%; the trailing twelve-month figure through Mar 2026 stood at 55.06% (up 17.0% YoY), and the FY2025 full-year result was 54.99%, up 12.0% from the prior year.
- Gross Margin grew to 57.26% in Q1 2026, from 51.49% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 60.7% in Q1 2023 to a low of 50.14% in Q4 2023.
- A 5-year average of 55.62% and a median of 57.26% in 2026 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 402 bps in 2022 and slumped 437 bps in 2023, its largest moves.
- Tracing ELAN's Gross Margin over 5 years: stood at 54.52% in 2022, then fell by 8 bps to 50.14% in 2023, then rose by 1 bps to 50.88% in 2024, then increased by 1 bps to 51.49% in 2025, then grew by 11 bps to 57.26% in 2026.
- Business Quant data shows ELAN's Gross Margin at 57.26% in Q1 2026, 51.49% in Q4 2025, and 53.39% in 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 | Vireo Growth | 10.57 Bn | 10.41 Bn | 59.30 Mn | 55.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.26% |
| Dec 31, 2025 | 51.49% |
| Sep 30, 2025 | 53.39% |
| Jun 30, 2025 | 57.45% |
| Mar 31, 2025 | 57.33% |
| Dec 31, 2024 | 50.88% |
| Sep 30, 2024 | 52.23% |
| Jun 30, 2024 | 58.19% |
| Mar 31, 2024 | 57.26% |
| Dec 31, 2023 | 50.14% |
| Sep 30, 2023 | 54.40% |
| Jun 30, 2023 | 58.94% |
| Mar 31, 2023 | 60.70% |
| Dec 31, 2022 | 54.52% |
| Sep 30, 2022 | 54.00% |
| Jun 30, 2022 | 58.81% |
| Mar 31, 2022 | 58.48% |
| Dec 31, 2021 | 54.14% |
| Sep 30, 2021 | 55.61% |
| Jun 30, 2021 | 56.89% |