Legend Biotech (LEGN) Operating Margin (2022 - 2026)
Legend Biotech (LEGN) recorded Operating Margin of 14.89% in Q2 2026, up 23.48 percentage points from -8.58% a year earlier and up 31.21 percentage points from the prior quarter.
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Analysis
Legend Biotech (LEGN) Operating Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Legend Biotech's Operating Margin came in at -4.35% as of Jun 30, 2026, up 23.67 percentage points year-over-year; for FY2025, it came in at -13.27%, up 36.07 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -453.66 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -49.34% in FY2024 (+135.89 pp), -185.23% in FY2023 (-585.15 pp), 399.92% in FY2022 (-223.59 pp) and 623.50% in FY2021 (+183.11 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q2 2024.
- On a year-over-year basis, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of -97.51 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 36.09 percentage points in Q4 2025, against a drop of 290.07 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -16.32% (Q1 2026), -6.43% (Q4 2025) and -15.96% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 28.21% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 37.86% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | -3.52% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 32.97% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 20.57% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 34.95% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | -133.21% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 28.37% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 37.40% |
| 10 | Legend Biotech | 3.43 Bn | -308.34 Mn | 251.50 Mn | 14.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.89% |
| Mar 31, 2026 | -16.32% |
| Dec 31, 2025 | -6.43% |
| Sep 30, 2025 | -15.96% |
| Jun 30, 2025 | -8.58% |
| Mar 31, 2025 | -26.51% |
| Dec 31, 2024 | -42.52% |
| Sep 30, 2024 | -43.92% |
| Jun 30, 2024 | 155.02% |
| Mar 31, 2024 | 189.15% |
| Dec 31, 2023 | 228.28% |
| Sep 30, 2023 | 183.82% |
| Jun 30, 2023 | 223.92% |
| Mar 31, 2023 | 296.72% |
| Dec 31, 2022 | 405.70% |
| Sep 30, 2022 | 473.89% |
API Access
Legend Biotech Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=LEGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "LEGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=LEGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();