Lipocine (LPCN) Net Margin (2018 - 2025)
Lipocine's Net Margin was -2781.46% in Q3 2025, down 2427.33 percentage points from the prior quarter.
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Analysis
Lipocine (LPCN) Net Margin (2018 - 2025) Analysis & Trends
On a trailing twelve-month basis, Lipocine's Net Margin was -126.75% through Sep 30, 2025, down 71.12 percentage points year-over-year; for FY2024, it was -0.08%, up 580.98 percentage points from FY2023.
- Net Margin shows a five-year change of +7883.64 percentage points (FY2019 to FY2024).
- In earlier years, Net Margin was -581.06% in FY2023 (+1683.86 pp), -2264.92% in FY2022 (-2260.98 pp) and -3.93% in FY2021.
- The Q3 2025 figure marks the lowest quarterly Net Margin since Q2 2024.
- Per Business Quant data, LPCN's Net Margin in the three quarters before Q3 2025 was -354.13% (Q2 2025), -1986.78% (Q1 2025) and 50.94% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 21.27% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | -8.04% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 22.61% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 18.81% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 23.62% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -134.51% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -1.65% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 32.99% |
| 10 | Lipocine | 11.92 Mn | -55.79 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -2,781.46% |
| Jun 30, 2025 | -354.13% |
| Mar 31, 2025 | -1,986.78% |
| Dec 31, 2024 | 50.94% |
| Jun 30, 2024 | -3,426.15% |
| Mar 31, 2024 | 46.65% |
| Sep 30, 2023 | -215.43% |
| Mar 31, 2023 | -7,216.68% |
| Jun 30, 2022 | -526.36% |
| Dec 31, 2021 | 78.48% |
| Sep 30, 2021 | -5,602.36% |
| Sep 30, 2019 | -1,854.78% |
| Mar 31, 2018 | -635.46% |
API Access
Lipocine Net 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=net-margin&ticker=LPCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "LPCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=LPCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();