Lineage Cell Therapeutics (LCTX) Gross Margin (2011 - 2026)
Lineage Cell Therapeutics' (LCTX) quarterly Gross Margin came in at 100.0% in Q1 2026, up 240.0% year-on-year from 29.41% in Q1 2025, and up 1.01% quarter-over-quarter from 99.0% in Q4 2025.
Lineage Cell Therapeutics (LCTX) Gross Margin (2011 - 2026) Analysis & Trends
Lineage Cell Therapeutics' Gross Margin history runs 16 years deep, the most recent figure standing at 100.0% for Q1 2026.
- On a quarterly basis, Gross Margin rose 240.0% year-over-year to 100.0% in Q1 2026; TTM through Mar 2026 was 99.26%, a 210.0% increase from a year earlier, with the FY2025 full-year figure at 99.0%, up 251.0% from the prior year.
- Gross Margin advanced to 100.0% in Q1 2026 per LCTX's latest filing, from 99.0% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q1 2026 and bottomed at 86.44% in Q3 2023.
- The 5-year median for Gross Margin is 96.06% (2023), against an average of 95.46%.
- Across the five-year window, Gross Margin surged 9275 bps in 2022 and plunged 693 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 94.67% in 2022, then fell by 7 bps to 87.74% in 2023, then grew by 8 bps to 94.63% in 2024, then increased by 5 bps to 99.0% in 2025, then climbed by 1 bps to 100.0% in 2026.
- Per Business Quant, the three latest LCTX Gross Margin figures stand at 100.0% (Q1 2026), 99.0% (Q4 2025), and 99.86% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 88.95% |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 90.68% |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Lineage Cell Therapeutics | 251.15 Mn | 188.44 Mn | 1.73 Mn | 100.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 100.00% |
| Dec 31, 2025 | 99.00% |
| Sep 30, 2025 | 99.86% |
| Jun 30, 2025 | 98.59% |
| Mar 31, 2025 | 97.60% |
| Dec 31, 2024 | 94.63% |
| Sep 30, 2024 | 98.99% |
| Jun 30, 2024 | 96.88% |
| Mar 31, 2024 | 93.21% |
| Dec 31, 2023 | 87.74% |
| Sep 30, 2023 | 86.44% |
| Jun 30, 2023 | 96.06% |
| Mar 31, 2023 | 95.01% |
| Dec 31, 2022 | 94.67% |
| Sep 30, 2022 | 92.16% |
| Jun 30, 2022 | 95.28% |
| Mar 31, 2022 | 96.64% |
| Dec 31, 2021 | 1.93% |
| Sep 30, 2021 | 56.61% |
| Jun 30, 2021 | 75.59% |