Mirum Pharmaceuticals (MIRM) Gross Margin (2023 - 2026)
Mirum Pharmaceuticals (MIRM) recorded quarterly Gross Margin of 81.98% in Q1 2026, up 1.19% quarter-over-quarter from 81.02% in Q4 2025, and up 261.0% on a YoY basis from 22.71% in Q1 2025.
Mirum Pharmaceuticals (MIRM) Gross Margin (2023 - 2026) Analysis & Trends
Mirum Pharmaceuticals' Gross Margin history runs 4 years deep, the most recent figure standing at 81.98% for Q1 2026.
- In Q1 2026, Gross Margin rose 261.0% year-over-year to 81.98%; the TTM figure through Mar 2026 stood at 81.39% (up 428.0% YoY), while the FY2025 annual figure was 80.77%, up 501.0% from the prior year.
- Gross Margin was 81.98% for Q1 2026 at Mirum Pharmaceuticals, up from 81.02% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 84.24% in Q1 2023 to a low of 64.03% in Q4 2023.
- Historically, Gross Margin has averaged 78.14% across 4 years, with a median of 79.37% in 2025.
- Biggest YoY gain for Gross Margin was 1306 bps in 2024; the steepest drop was 1000 bps in 2024.
- A 4-year view of Gross Margin shows it stood at 64.03% in 2023, then gained by 20 bps to 77.09% in 2024, then increased by 5 bps to 81.02% in 2025, then climbed by 1 bps to 81.98% in 2026.
- The last three Gross Margin figures came in at 81.98% (Q1 2026), 81.02% (Q4 2025), and 80.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 79.04% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Mirum Pharmaceuticals | 6.29 Bn | 5.90 Bn | 131.08 Mn | 81.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.98% |
| Dec 31, 2025 | 81.02% |
| Sep 30, 2025 | 80.80% |
| Jun 30, 2025 | 81.67% |
| Mar 31, 2025 | 79.37% |
| Dec 31, 2024 | 77.09% |
| Sep 30, 2024 | 76.98% |
| Jun 30, 2024 | 74.03% |
| Mar 31, 2024 | 74.24% |
| Dec 31, 2023 | 64.03% |
| Sep 30, 2023 | 78.57% |
| Jun 30, 2023 | 81.83% |
| Mar 31, 2023 | 84.24% |