ImmunityBio (IBRX) Gross Margin (2023 - 2026)
ImmunityBio's (IBRX) quarterly Gross Margin came in at 99.46% in Q1 2026, down 19.0% year-on-year from 122.79% in Q1 2025, and little changed on a QoQ basis from 99.0% in Q4 2025.
ImmunityBio (IBRX) Gross Margin (2023 - 2026) Analysis & Trends
ImmunityBio (IBRX) has 4 years of Gross Margin data on file, last reported at 99.46% in Q1 2026.
- On a quarterly basis, Gross Margin fell 19.0% year-over-year to 99.46% in Q1 2026; TTM through Mar 2026 was 99.34%, a 48.0% decrease from a year earlier, with the FY2025 full-year figure at 99.34%, down 66.0% from the prior year.
- Gross Margin for Q1 2026 stood at 99.46%, roughly flat from 99.0% in the prior quarter.
- Over the last five years, Gross Margin for IBRX reached as high as 100.0% in Q2 2023 and fell as low as 99.0% in Q4 2025.
- Historically, Gross Margin has averaged 99.75% across 4 years, with a median of 100.0% in 2023.
- Across the five-year window, Gross Margin changed 0 bps in 2024 and sank 100 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 100.0% in 2023, then changed by 0 bps to 100.0% in 2024, then dropped by 1 bps to 99.0% in 2025, then climbed by 0 bps to 99.46% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 99.46% in Q1 2026, 99.0% in Q4 2025, and 99.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | ImmunityBio | 7.60 Bn | 7.22 Bn | 43.97 Mn | 99.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.46% |
| Dec 31, 2025 | 99.00% |
| Sep 30, 2025 | 99.45% |
| Jun 30, 2025 | 99.49% |
| Mar 31, 2025 | 99.65% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 100.00% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 100.00% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 100.00% |