Mirum Pharmaceuticals (MIRM) Net Margin (2021 - 2026)
Mirum Pharmaceuticals' Net Margin came in at -38.14% for Q2 2026, down 33.56 percentage points from -4.59% a year earlier but up 456.07 percentage points from the prior quarter.
Mirum Pharmaceuticals (MIRM) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mirum Pharmaceuticals reported Net Margin of -139.18%, down 125.53 percentage points year-over-year; for FY2025, it was -4.48%, up 21.62 percentage points from FY2024.
- Net Margin has increased in each of the last four years, with a four-year change of +434.37 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was -26.10% in FY2024 (+61.58 pp), -87.68% in FY2023 (+88.37 pp), -176.05% in FY2022 (+262.81 pp) and -438.85% in FY2021.
- The five-year range for quarterly Net Margin is -942.16% (Q3 2021) to 1833.84% (Q4 2021).
- Year-over-year, Net Margin increased in six of the last eight quarters, with an average year-over-year change of -45.65 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2022 (a gain of 752.03 percentage points), and the weakest in Q4 2022 (a drop of 1964.39 percentage points).
- Business Quant data shows MIRM's Net Margin at -494.21% (Q1 2026), -3.85% (Q4 2025) and 2.18% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 21.27% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | -8.04% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 22.61% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 18.81% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 23.62% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | -134.51% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | -1.65% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 32.99% |
| 10 | Mirum Pharmaceuticals | 5.70 Bn | 4.11 Bn | 145.90 Mn | -38.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -38.14% |
| Mar 31, 2026 | -494.21% |
| Dec 31, 2025 | -3.85% |
| Sep 30, 2025 | 2.18% |
| Jun 30, 2025 | -4.59% |
| Mar 31, 2025 | -13.15% |
| Dec 31, 2024 | -23.93% |
| Sep 30, 2024 | -15.75% |
| Jun 30, 2024 | -31.64% |
| Mar 31, 2024 | -36.52% |
| Dec 31, 2023 | -51.27% |
| Sep 30, 2023 | -49.42% |
| Jun 30, 2023 | -197.45% |
| Mar 31, 2023 | -95.35% |
| Dec 31, 2022 | -130.55% |
| Sep 30, 2022 | -190.13% |
| Jun 30, 2022 | -155.12% |
| Mar 31, 2022 | -283.94% |
| Dec 31, 2021 | 1,833.84% |
| Sep 30, 2021 | -942.16% |
Mirum Pharmaceuticals 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=MIRM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MIRM", "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=MIRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();