Kamada (KMDA) Operating Margin (2012 - 2026)

Kamada (KMDA) reported Operating Margin of 15.37% for Q1 2026, down 234.0% on a YoY basis from 11.47% in Q1 2025, and up 93.37% quarter-over-quarter from 7.95% in Q4 2025.

Kamada (KMDA) Operating Margin (2012 - 2026) Analysis & Trends

Kamada has reported Operating Margin for 15 years, with the latest figure at 15.37% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 234.0% year-over-year to 15.37%; the trailing twelve-month figure through Mar 2026 stood at 15.79% (up 251.0% YoY), and the FY2025 full-year result was 14.54%, up 208.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 15.37%, up from 7.95% in the prior quarter.
  • The five-year high for Operating Margin was 17.71% in Q1 2025, with the low at 9.72% in Q2 2022.
  • Historically, Operating Margin has averaged 9.3% across 5 years, with a median of 10.7% in 2024.
  • The largest YoY upside for Operating Margin was 1934 bps in 2022 against a maximum downside of 1404 bps in 2022.
  • Kamada's Operating Margin stood at 8.84% in 2022, then decreased by 14 bps to 7.62% in 2023, then soared by 71 bps to 13.02% in 2024, then plunged by 39 bps to 7.95% in 2025, then soared by 93 bps to 15.37% in 2026.
  • The last three Operating Margin figures came in at 15.37% (Q1 2026), 7.95% (Q4 2025), and 16.63% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 16.37%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 36.83%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 41.69%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 20.77%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 23.74%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 22.39%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -122.23%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -12.88%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 21.55%
10 Kamada 504.70 -73.15 Mn 19.12 Mn 15.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.37%
Dec 31, 2025 7.95%
Sep 30, 2025 16.63%
Jun 30, 2025 15.80%
Mar 31, 2025 17.71%
Dec 31, 2024 13.02%
Sep 30, 2024 12.68%
Jun 30, 2024 13.28%
Mar 31, 2024 10.70%
Dec 31, 2023 7.62%
Sep 30, 2023 11.51%
Jun 30, 2023 7.03%
Mar 31, 2023 0.94%
Dec 31, 2022 8.84%
Sep 30, 2022 7.95%
Jun 30, 2022 -9.72%
Mar 31, 2022 0.88%
Dec 31, 2021 -10.49%
Sep 30, 2021 -3.49%
Jun 30, 2021 4.32%