Elanco Animal Health ELAN
NYSE ELAN
$22.42 -0.32 (-1.41%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%