Elanco Animal Health (ELAN) Gross Margin (2017 - 2026)
Elanco Animal Health's (ELAN) quarterly Gross Margin came in at 57.26% in Q1 2026, down 8.0% year-on-year from 62.24% in Q1 2025, and up 11.21% quarter-over-quarter from 51.49% in Q4 2025.
Elanco Animal Health (ELAN) Gross Margin (2017 - 2026) Analysis & Trends
Elanco Animal Health has disclosed Gross Margin across 10 years of filings, most recently posting 57.26% for Q1 2026.
- Gross Margin for Q1 2026 came in at 57.26%, down 8.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 55.06% (up 17.0% YoY), and the FY2025 annual result was 54.99%, up 12.0% from the prior year.
- Gross Margin came in at 57.26% for Q1 2026 at Elanco Animal Health, up 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.
- The 5-year median for Gross Margin is 57.26% (2026), against an average of 55.62%.
- Across the five-year window, Gross Margin jumped 402 bps in 2022 and plunged 437 bps in 2023, its largest moves.
- Elanco Animal Health's Gross Margin stood at 54.52% in 2022, then retreated by 8 bps to 50.14% in 2023, then gained by 1 bps to 50.88% in 2024, then rose by 1 bps to 51.49% in 2025, then increased by 11 bps to 57.26% in 2026.
- The last three Gross Margin figures came in at 57.26% (Q1 2026), 51.49% (Q4 2025), and 53.39% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -293.83% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 61.20% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 65.25% |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | 91.66% |
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% |