Genmab A (GMAB) Gross Margin (2024 - 2026)
Genmab A (GMAB) reported Gross Margin of 92.75% for Q1 2026, down 138.0% on a YoY basis from 244.07% in Q1 2025, and down 1.67% quarter-over-quarter from 94.32% in Q3 2025.
Genmab A (GMAB) Gross Margin (2024 - 2026) Analysis & Trends
Genmab A has reported Gross Margin for 3 years, with the latest figure at 92.75% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 138.0% year-over-year to 92.75%; the trailing twelve-month figure through Mar 2026 stood at 93.76% (down 154.0% YoY), and the FY2025 full-year result was 93.6%, down 182.0% from the prior year.
- Gross Margin for Q1 2026 stood at 92.75%, down from 94.32% in the prior quarter.
- The five-year high for Gross Margin was 96.41% in Q2 2024, with the low at 92.75% in Q1 2026.
- Historically, Gross Margin has averaged 94.58% across 3 years, with a median of 94.32% in 2025.
- The largest YoY upside for Gross Margin was 77 bps in 2025 against a maximum downside of 257 bps in 2025.
- Genmab A's Gross Margin stood at 95.1% in 2024, then declined by 1 bps to 94.32% in 2025, then fell by 2 bps to 92.75% in 2026.
- The last three Gross Margin figures came in at 92.75% (Q1 2026), 94.32% (Q3 2025), and 93.84% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 723,416.35 Bn | 723,416.32 Bn | - | - |
| 2 | Belite Bio | 57,340.00 Bn | 57,340.00 Bn | - | - |
| 3 | Quantum Biopharma | 19,125.08 Bn | 19,125.08 Bn | - | - |
| 4 | Legend Biotech | 3,262.00 Bn | 3,261.71 Bn | 242.10 Mn | 79.04% |
| 5 | Akari Therapeutics | 1,789.67 Bn | 1,789.67 Bn | - | - |
| 6 | Evaxion A | 1,480.39 Bn | 1,480.37 Bn | - | - |
| 7 | Psyence Biomedical | 241.78 Bn | 241.78 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.54 Bn | 106.29 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 94.26 Bn | 94.26 Bn | - | - |
| 10 | Genmab A | 48.34 Bn | 46.82 Bn | 831.00 Mn | 92.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 92.75% |
| Sep 30, 2025 | 94.32% |
| Jun 30, 2025 | 93.84% |
| Mar 31, 2025 | 94.13% |
| Sep 30, 2024 | 95.10% |
| Jun 30, 2024 | 96.41% |
| Mar 31, 2024 | 95.52% |