Kamada (KMDA) Gross Margin (2012 - 2026)
Kamada (KMDA) reported Gross Margin of 42.25% for Q1 2026, down 488.0% on a YoY basis from 10.89% in Q1 2025, and up 11.27% quarter-over-quarter from 37.98% in Q4 2025.
Kamada (KMDA) Gross Margin (2012 - 2026) Analysis & Trends
Kamada has reported Gross Margin for 15 years, with the latest figure at 42.25% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 488.0% year-over-year to 42.25%; the trailing twelve-month figure through Mar 2026 stood at 42.29% (down 233.0% YoY), and the FY2025 full-year result was 42.34%, down 113.0% from the prior year.
- Gross Margin for Q1 2026 stood at 42.25%, up from 37.98% in the prior quarter.
- The five-year high for Gross Margin was 47.14% in Q1 2025, with the low at 30.69% in Q2 2022.
- Historically, Gross Margin has averaged 40.35% across 5 years, with a median of 40.23% in 2022.
- The largest YoY upside for Gross Margin was 1507 bps in 2022 against a maximum downside of 674 bps in 2022.
- Kamada's Gross Margin stood at 33.65% in 2022, then rose by 18 bps to 39.56% in 2023, then grew by 10 bps to 43.66% in 2024, then retreated by 13 bps to 37.98% in 2025, then increased by 11 bps to 42.25% in 2026.
- The last three Gross Margin figures came in at 42.25% (Q1 2026), 37.98% (Q4 2025), and 42.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -293.83% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 61.20% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 65.25% |
| 10 | Kamada | 505.05 | -73.15 Mn | 19.12 Mn | 42.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.25% |
| Dec 31, 2025 | 37.98% |
| Sep 30, 2025 | 42.04% |
| Jun 30, 2025 | 42.30% |
| Mar 31, 2025 | 47.14% |
| Dec 31, 2024 | 43.66% |
| Sep 30, 2024 | 41.29% |
| Jun 30, 2024 | 44.62% |
| Mar 31, 2024 | 44.39% |
| Dec 31, 2023 | 39.56% |
| Sep 30, 2023 | 39.02% |
| Jun 30, 2023 | 38.55% |
| Mar 31, 2023 | 38.55% |
| Dec 31, 2022 | 33.65% |
| Sep 30, 2022 | 39.95% |
| Jun 30, 2022 | 30.69% |
| Mar 31, 2022 | 40.23% |
| Dec 31, 2021 | 20.96% |
| Sep 30, 2021 | 24.88% |
| Jun 30, 2021 | 37.43% |