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
DateValue
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%