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
DateValue
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%