Medicure (MCUJF) Gross Margin (2009 - 2026)
Medicure's (MCUJF) quarterly Gross Margin came in at 44.31% in Q1 2026, down 754.0% year-on-year from 6.77% in Q1 2025, and up 40.34% quarter-over-quarter from 31.57% in Q4 2025.
Medicure (MCUJF) Gross Margin (2009 - 2026) Analysis & Trends
Medicure's Gross Margin history runs 18 years deep, the most recent figure standing at 44.31% for Q1 2026.
- On a quarterly basis, Gross Margin fell 754.0% year-over-year to 44.31% in Q1 2026; TTM through Mar 2026 was 39.69%, a 1580.0% decrease from a year earlier, with the FY2025 full-year figure at 40.71%, down 1903.0% from the prior year.
- Gross Margin advanced to 44.31% in Q1 2026 per MCUJF's latest filing, from 31.57% in the prior quarter.
- Across five years, Gross Margin topped out at 72.77% in Q3 2023 and bottomed at 31.57% in Q4 2025.
- The 5-year median for Gross Margin is 62.91% (2023), against an average of 58.61%.
- Across the five-year window, Gross Margin jumped 1018 bps in 2022 and slumped 2680 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 69.03% in 2022, then retreated by 0 bps to 69.03% in 2023, then dropped by 15 bps to 58.37% in 2024, then plunged by 46 bps to 31.57% in 2025, then surged by 40 bps to 44.31% in 2026.
- Per Business Quant, the three latest MCUJF Gross Margin figures stand at 44.31% (Q1 2026), 31.57% (Q4 2025), and 33.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 49.52% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 71.66% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 62.93% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 82.93% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 32.97% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 98.31% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 57.26% |
| 10 | Medicure | 8.77 Mn | 7.64 Mn | 2.57 Mn | 44.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.31% |
| Dec 31, 2025 | 31.57% |
| Sep 30, 2025 | 33.99% |
| Jun 30, 2025 | 51.51% |
| Mar 31, 2025 | 51.84% |
| Dec 31, 2024 | 58.37% |
| Sep 30, 2024 | 54.32% |
| Jun 30, 2024 | 57.15% |
| Mar 31, 2024 | 68.44% |
| Dec 31, 2023 | 69.03% |
| Sep 30, 2023 | 72.77% |
| Jun 30, 2023 | 69.88% |
| Mar 31, 2023 | 67.45% |
| Dec 31, 2022 | 69.03% |
| Sep 30, 2022 | 69.95% |
| Jun 30, 2022 | 68.22% |
| Sep 30, 2021 | 59.77% |
| Jun 30, 2021 | 59.75% |
| Mar 31, 2021 | 60.96% |
| Dec 31, 2020 | 11.62% |