Elanco Animal Health (ELAN) Gross Margin (2017 - 2026)
Elanco Animal Health's (ELAN) quarterly Gross Margin came in at 58.33% in Q2 2026, up 88.0% year-over-year from 31.03% in Q2 2025, and up 1.88% quarter-over-quarter from 57.26% in Q1 2026.
Analysis
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 58.33% for Q2 2026.
- In Q2 2026, Gross Margin rose 88.0% year-over-year to 58.33%; the TTM figure through Jun 2026 stood at 55.36% (up 63.0% YoY), while the FY2025 annual figure was 54.99%, up 12.0% from the prior year.
- Gross Margin came in at 58.33% for Q2 2026 at Elanco Animal Health, up from 57.26% 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.
- Average Gross Margin over 5 years is 55.77%, with a median of 57.26% recorded in 2024.
- Year-over-year, Gross Margin surged 402 bps in 2022 and tumbled 437 bps in 2023.
- Over 5 years, 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 advanced by 13 bps to 58.33% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 58.33% in Q2 2026, 57.26% in Q1 2026, and 51.49% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.57 Bn | 40.38 Bn | 779.09 Mn | 64.04% |
| 2 | Zoetis | 30.57 Bn | 28.90 Bn | 1.05 Bn | 42.63% |
| 3 | Elanco Animal Health | 11.47 Bn | 10.94 Bn | 798.00 Mn | 58.33% |
| 4 | Phibro Animal Health | 1.43 Bn | 1.35 Bn | 134.40 Mn | 33.88% |
| 5 | Immucell | 87.38 Mn | 78.52 Mn | 2.44 Mn | 33.92% |
| 6 | Zhengye Biotechnology Holding | 64.40 Mn | 57.30 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.33% |
| 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% |