Genmab A (GMAB) Gross Margin (2024 - 2026)
Genmab A's (GMAB) quarterly Gross Margin came in at 92.75% in Q1 2026, down 138.0% YoY from 244.07% in Q1 2025, and down 1.44% on a QoQ basis from 94.1% in Q3 2025.
Genmab A (GMAB) Gross Margin (2024 - 2026) Analysis & Trends
Genmab A (GMAB) has 3 years of Gross Margin data on file, last reported at 92.75% in Q1 2026.
- Quarterly Gross Margin fell 138.0% year-over-year to 92.75% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 93.86% (down 167.0% YoY) and the FY2025 annual result came in at 93.6%, down 182.0% from the prior year.
- Gross Margin retreated to 92.75% in Q1 2026, from 94.1% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 96.02% in Q2 2024 to a low of 92.75% in Q1 2026.
- A 3-year average of 94.59% and a median of 94.13% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin sank 206 bps — and 2026, when it plunged 138 bps.
- Tracing GMAB's Gross Margin over 3 years: stood at 95.68% in 2024, then decreased by 2 bps to 94.1% in 2025, then slipped by 1 bps to 92.75% in 2026.
- The last three Gross Margin figures came in at 92.75% (Q1 2026), 94.1% (Q3 2025), and 93.96% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 90.68% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 89.76% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 60,631,834.75% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 76.90% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 84.20% |
| 10 | Genmab A | 2.05 Bn | 548.77 Mn | 1.07 Bn | 92.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.73% |
| Mar 31, 2026 | 92.75% |
| Sep 30, 2025 | 94.10% |
| Jun 30, 2025 | 93.96% |
| Mar 31, 2025 | 94.13% |
| Sep 30, 2024 | 95.68% |
| Jun 30, 2024 | 96.02% |
| Mar 31, 2024 | 95.52% |