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
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%