Eli Lilly (LLY) Gross Margin (2009 - 2026)
Eli Lilly (LLY) reported Gross Margin of 81.93% for Q1 2026, down 59.0% on a YoY basis from 199.84% in Q1 2025, and down 0.71% quarter-over-quarter from 82.52% in Q4 2025.
Eli Lilly (LLY) Gross Margin (2009 - 2026) Analysis & Trends
Eli Lilly has reported Gross Margin for 18 years, with the latest figure at 81.93% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 59.0% year-over-year to 81.93%; the trailing twelve-month figure through Mar 2026 stood at 82.83% (up 113.0% YoY), and the FY2025 full-year result was 83.04%, up 173.0% from the prior year.
- Gross Margin for Q1 2026 stood at 81.93%, down from 82.52% in the prior quarter.
- The five-year high for Gross Margin was 84.27% in Q2 2025, with the low at 73.47% in Q1 2022.
- Historically, Gross Margin has averaged 80.16% across 5 years, with a median of 80.89% in 2023.
- The largest YoY upside for Gross Margin was 693 bps in 2022 against a maximum downside of 162 bps in 2022.
- Eli Lilly's Gross Margin stood at 78.8% in 2022, then advanced by 3 bps to 80.89% in 2023, then gained by 2 bps to 82.24% in 2024, then gained by 0 bps to 82.52% in 2025, then decreased by 1 bps to 81.93% in 2026.
- The last three Gross Margin figures came in at 81.93% (Q1 2026), 82.52% (Q4 2025), and 82.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | 75.42% |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 81.93% |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 66.31% |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 71.88% |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 74.24% |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 68.16% |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 79.24% |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | -51.69% |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 70.22% |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.93% |
| Dec 31, 2025 | 82.52% |
| Sep 30, 2025 | 82.91% |
| Jun 30, 2025 | 84.27% |
| Mar 31, 2025 | 82.52% |
| Dec 31, 2024 | 82.24% |
| Sep 30, 2024 | 81.02% |
| Jun 30, 2024 | 80.80% |
| Mar 31, 2024 | 80.91% |
| Dec 31, 2023 | 80.89% |
| Sep 30, 2023 | 80.42% |
| Jun 30, 2023 | 78.26% |
| Mar 31, 2023 | 76.63% |
| Dec 31, 2022 | 78.80% |
| Sep 30, 2022 | 77.25% |
| Jun 30, 2022 | 77.95% |
| Mar 31, 2022 | 73.47% |
| Dec 31, 2021 | 74.37% |
| Sep 30, 2021 | 78.87% |
| Jun 30, 2021 | 71.02% |