ImmunityBio (IBRX) Gross Margin (2023 - 2026)

ImmunityBio (IBRX) reported Gross Margin of 99.46% for Q1 2026, down 19.0% year-over-year from 122.79% in Q1 2025, and little changed quarter-over-quarter 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.

  • Gross Margin for Q1 2026 came in at 99.46%, down 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 99.34% (down 48.0% YoY), and the FY2025 annual result was 99.34%, down 66.0% from the prior year.
  • Gross Margin was little changed at 99.46% in Q1 2026 per IBRX's latest filing, from 99.0% in the prior quarter.
  • Over five years, Gross Margin peaked at 100.0% in Q2 2023 and troughed at 99.0% in Q4 2025.
  • A 4-year average of 99.75% and a median of 100.0% in 2023 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin changed 0 bps in 2024, then tumbled 100 bps in 2025.
  • A 4-year view of Gross Margin shows it stood at 100.0% in 2023, then changed by 0 bps to 100.0% in 2024, then retreated by 1 bps to 99.0% in 2025, then rose by 0 bps to 99.46% in 2026.
  • Business Quant data shows IBRX's Gross Margin at 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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 79.04%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 86.85%
9 Abivax 91.96 Bn 91.96 Bn - -
10 ImmunityBio 7.55 Bn 7.17 Bn 43.97 Mn 99.46%

Historic Data

Download Data
DateValue
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%