Neurocrine Biosciences (NBIX) Gross Margin (2017 - 2026)
Neurocrine Biosciences (NBIX) reported Gross Margin of 98.31% for Q1 2026, down 9.0% on a YoY basis from 108.03% in Q1 2025, and up 0.5% quarter-over-quarter from 97.82% in Q4 2025.
Neurocrine Biosciences (NBIX) Gross Margin (2017 - 2026) Analysis & Trends
Neurocrine Biosciences has reported Gross Margin for 10 years, with the latest figure at 98.31% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 9.0% year-over-year to 98.31%; the trailing twelve-month figure through Mar 2026 stood at 98.17% (down 35.0% YoY), and the FY2025 full-year result was 98.18%, down 38.0% from the prior year.
- Gross Margin for Q1 2026 stood at 98.31%, up from 97.82% in the prior quarter.
- The five-year high for Gross Margin was 98.71% in Q3 2024, with the low at 76.0% in Q2 2022.
- Historically, Gross Margin has averaged 96.94% across 5 years, with a median of 98.35% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin sank 2293 bps — and 2023, when it soared 2146 bps.
- Neurocrine Biosciences' Gross Margin stood at 98.13% in 2022, then advanced by 0 bps to 98.35% in 2023, then gained by 0 bps to 98.52% in 2024, then declined by 1 bps to 97.82% in 2025, then increased by 1 bps to 98.31% in 2026.
- The last three Gross Margin figures came in at 98.31% (Q1 2026), 97.82% (Q4 2025), and 98.24% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -293.83% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 61.20% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 65.25% |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | 91.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |