Neurocrine Biosciences (NBIX) Gross Margin (2017 - 2026)
Neurocrine Biosciences' (NBIX) quarterly Gross Margin came in at 97.58% in Q2 2026, down 92.0% on a YoY basis from 1219.76% in Q2 2025, and down 0.74% quarter-over-quarter from 98.31% in Q1 2026.
Analysis
Neurocrine Biosciences (NBIX) Gross Margin (2017 - 2026) Analysis & Trends
Neurocrine Biosciences (NBIX) has reported Gross Margin for 10 consecutive years, with 97.58% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 92.0% year-over-year to 97.58%; the trailing twelve-month figure through Jun 2026 stood at 97.97% (down 57.0% YoY), and the FY2025 full-year result was 98.18%, down 38.0% from the prior year.
- Gross Margin slipped to 97.58% in Q2 2026 per NBIX's latest filing, from 98.31% in the prior quarter.
- Across five years, Gross Margin topped out at 98.73% in Q2 2022 and bottomed at 97.46% in Q2 2023.
- Historically, Gross Margin has averaged 98.24% across 5 years, with a median of 98.37% in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 127 bps in 2023, then jumped 98 bps in 2024.
- Over 5 years, 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 dropped by 0 bps to 97.58% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 97.58%, 98.31%, and 97.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | 78.02% |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 72.78% |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | 80.05% |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | - |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 93.73% |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 87.30% |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 97.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.58% |
| Mar 31, 2026 | 98.31% |
| Dec 31, 2025 | 97.82% |
| Sep 30, 2025 | 98.24% |
| Jun 30, 2025 | 98.50% |
| 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 | 98.73% |
| Mar 31, 2022 | 98.52% |
| Dec 31, 2021 | 98.69% |
| Sep 30, 2021 | 98.58% |