Neurocrine Biosciences (NBIX) Gross Margin (2017 - 2026)

Neurocrine Biosciences (NBIX) posted Gross Margin of 98.31% for Q1 2026, up 0.5% on a QoQ basis from 97.82% in Q4 2025, and down 9.0% year-over-year from 108.03% in Q1 2025.

Neurocrine Biosciences (NBIX) Gross Margin (2017 - 2026) Analysis & Trends

Neurocrine Biosciences' Gross Margin history runs 10 years deep, the most recent figure standing at 98.31% for Q1 2026.

  • Quarterly Gross Margin fell 9.0% year-over-year to 98.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 98.17% (down 35.0% YoY) and the FY2025 annual result came in at 98.18%, down 38.0% from the prior year.
  • Gross Margin was 98.31% for Q1 2026 at Neurocrine Biosciences, up from 97.82% in the prior quarter.
  • Across five years, Gross Margin topped out at 98.71% in Q3 2024 and bottomed at 76.0% in Q2 2022.
  • A 5-year average of 96.94% and a median of 98.35% in 2023 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin plunged 2293 bps — and 2023, when it soared 2146 bps.
  • Neurocrine Biosciences' Gross Margin stood at 98.13% in 2022, then grew by 0 bps to 98.35% in 2023, then climbed by 0 bps to 98.52% in 2024, then retreated by 1 bps to 97.82% in 2025, then gained by 1 bps to 98.31% in 2026.
  • Business Quant data shows NBIX's Gross Margin at 98.31% in Q1 2026, 97.82% in Q4 2025, and 98.24% in 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 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn 55.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 98.31%
Dec 31, 2025 97.82%
Sep 30, 2025 98.24%
Jun 30, 2025 98.36%
Mar 31, 2025 98.39%
Dec 31, 2024 98.52%
Sep 30, 2024 98.71%
Jun 30, 2024 98.44%
Mar 31, 2024 98.54%
Dec 31, 2023 98.35%
Sep 30, 2023 97.75%
Jun 30, 2023 97.46%
Mar 31, 2023 97.98%
Dec 31, 2022 98.13%
Sep 30, 2022 98.43%
Jun 30, 2022 76.00%
Mar 31, 2022 98.52%
Dec 31, 2021 98.69%
Sep 30, 2021 98.58%
Jun 30, 2021 98.93%