Krystal Biotech (KRYS) Operating Margin (2023 - 2026)
Krystal Biotech's (KRYS) quarterly Operating Margin came in at 46.14% in Q1 2026, up 503.0% year-on-year from 7.65% in Q1 2025, and up 11.63% quarter-over-quarter from 41.34% in Q4 2025.
Krystal Biotech (KRYS) Operating Margin (2023 - 2026) Analysis & Trends
Krystal Biotech has disclosed Operating Margin across 4 years of filings, most recently posting 46.14% for Q1 2026.
- Operating Margin for Q1 2026 came in at 46.14%, up 503.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.81% (up 1022.0% YoY), and the FY2025 annual result was 41.45%, up 1882.0% from the prior year.
- Operating Margin came in at 46.14% for Q1 2026 at Krystal Biotech, up from 41.34% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 46.14% in Q1 2026 to a low of 303.8% in Q3 2023.
- The 4-year median for Operating Margin is 40.94% (2025), against an average of 1.33%.
- Across the five-year window, Operating Margin surged 33060 bps in 2024 and plunged 407 bps in 2025, its largest moves.
- Krystal Biotech's Operating Margin stood at 7.71% in 2023, then jumped by 489 bps to 45.41% in 2024, then slipped by 9 bps to 41.34% in 2025, then advanced by 12 bps to 46.14% in 2026.
- The last three Operating Margin figures came in at 46.14% (Q1 2026), 41.34% (Q4 2025), and 42.3% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating 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 | -6.43% |
| 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 | 38.10% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Krystal Biotech | 10.23 Bn | 9.41 Bn | 110.03 Mn | 46.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.14% |
| Dec 31, 2025 | 41.34% |
| Sep 30, 2025 | 42.30% |
| Jun 30, 2025 | 40.94% |
| Mar 31, 2025 | 41.11% |
| Dec 31, 2024 | 45.41% |
| Sep 30, 2024 | 26.80% |
| Jun 30, 2024 | 12.18% |
| Mar 31, 2024 | -14.75% |
| Dec 31, 2023 | 7.71% |
| Sep 30, 2023 | -303.80% |