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
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%