Lipocine (LPCN) Operating Margin (2018 - 2025)
Lipocine's Operating Margin was -2933.51% in Q3 2025, down 2547.49 percentage points from the prior quarter.
Lipocine (LPCN) Operating Margin (2018 - 2025) Analysis & Trends
On a trailing twelve-month basis, Lipocine's Operating Margin was -145.98% through Sep 30, 2025, down 75.30 percentage points year-over-year; for FY2024, it came in at -10.31%, up 618.66 percentage points from FY2023.
- Operating Margin shows a five-year change of +7808.52 percentage points (FY2019 to FY2024).
- In earlier years, Operating Margin was -628.98% in FY2023 (+1794.90 pp), -2423.88% in FY2022 (-2443.36 pp) and 19.49% in FY2021.
- The Q3 2025 figure marks the lowest quarterly Operating Margin since Q2 2024.
- Per Business Quant data, LPCN's Operating Margin in the three quarters before Q3 2025 was -386.03% (Q2 2025), -2226.82% (Q1 2025) and 44.27% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 28.21% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 37.86% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | -3.52% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 32.97% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 20.57% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 34.95% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -133.21% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 28.37% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 37.40% |
| 10 | Lipocine | 11.92 Mn | -55.79 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -2,933.51% |
| Jun 30, 2025 | -386.03% |
| Mar 31, 2025 | -2,226.82% |
| Dec 31, 2024 | 44.27% |
| Jun 30, 2024 | -3,676.18% |
| Mar 31, 2024 | 42.31% |
| Sep 30, 2023 | -225.60% |
| Mar 31, 2023 | -7,889.86% |
| Jun 30, 2022 | -705.51% |
| Dec 31, 2021 | 79.47% |
| Sep 30, 2021 | -6,424.86% |
| Sep 30, 2019 | -1,803.56% |
| Mar 31, 2018 | -616.07% |
Lipocine 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=LPCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=LPCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();