Eli Lilly (LLY) Gross Margin (2009 - 2026)
Eli Lilly (LLY) posted Gross Margin of 81.93% for Q1 2026, down 0.71% quarter-over-quarter from 82.52% in Q4 2025, and down 59.0% year-on-year from 199.84% in Q1 2025.
Eli Lilly (LLY) Gross Margin (2009 - 2026) Analysis & Trends
Eli Lilly (LLY) has reported Gross Margin for 18 consecutive years, with 81.93% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 81.93%, down 59.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 82.83% (up 113.0% YoY), and the FY2025 annual result was 83.04%, up 173.0% from the prior year.
- Gross Margin was 81.93% for Q1 2026 at Eli Lilly, down from 82.52% in the prior quarter.
- Over five years, Gross Margin peaked at 84.27% in Q2 2025 and troughed at 73.47% in Q1 2022.
- Average Gross Margin over 5 years is 80.16%, with a median of 80.89% recorded in 2023.
- The widest YoY moves for Gross Margin: up 693 bps in 2022, down 162 bps in 2022.
- Over 5 years, Gross Margin stood at 78.8% in 2022, then increased by 3 bps to 80.89% in 2023, then grew by 2 bps to 82.24% in 2024, then grew by 0 bps to 82.52% in 2025, then declined by 1 bps to 81.93% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 81.93% in Q1 2026, 82.52% in Q4 2025, and 82.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 81.93% |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 66.31% |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 71.88% |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 87.65% |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 74.24% |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 68.16% |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 79.24% |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | -51.69% |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 73.32% |
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% |