BeOne Medicines (ONC) Gross Margin (2017 - 2026)
BeOne Medicines' (ONC) quarterly Gross Margin came in at 88.95% in Q1 2026, up 372.0% year-on-year from 18.85% in Q1 2025, and down 1.7% on a QoQ basis from 90.49% in Q4 2025.
BeOne Medicines (ONC) Gross Margin (2017 - 2026) Analysis & Trends
BeOne Medicines (ONC) has 10 years of Gross Margin data on file, last reported at 88.95% in Q1 2026.
- On a quarterly basis, Gross Margin rose 372.0% year-over-year to 88.95% in Q1 2026; TTM through Mar 2026 was 88.31%, a 350.0% increase from a year earlier, with the FY2025 full-year figure at 87.49%, up 308.0% from the prior year.
- Gross Margin for Q1 2026 stood at 88.95%, down from 90.49% in the prior quarter.
- Over the last five years, Gross Margin for ONC reached as high as 90.49% in Q4 2025 and fell as low as 78.72% in Q1 2022.
- Historically, Gross Margin has averaged 84.17% across 5 years, with a median of 83.87% in 2023.
- Across the five-year window, Gross Margin plunged 1588 bps in 2022 and jumped 742 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 80.66% in 2022, then gained by 3 bps to 83.32% in 2023, then grew by 3 bps to 85.76% in 2024, then gained by 6 bps to 90.49% in 2025, then slipped by 2 bps to 88.95% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 88.95% in Q1 2026, 90.49% in Q4 2025, and 86.09% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Alnylam Pharmaceuticals | 35.71 Bn | 32.70 Bn | 959.66 Mn | 82.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 88.95% |
| Dec 31, 2025 | 90.49% |
| Sep 30, 2025 | 86.09% |
| Jun 30, 2025 | 87.49% |
| Mar 31, 2025 | 85.23% |
| Dec 31, 2024 | 85.76% |
| Sep 30, 2024 | 82.98% |
| Jun 30, 2024 | 85.13% |
| Mar 31, 2024 | 83.38% |
| Dec 31, 2023 | 83.32% |
| Sep 30, 2023 | 87.67% |
| Jun 30, 2023 | 83.87% |
| Mar 31, 2023 | 81.74% |
| Dec 31, 2022 | 80.66% |
| Sep 30, 2022 | 80.25% |
| Jun 30, 2022 | 79.16% |
| Mar 31, 2022 | 78.72% |
| Dec 31, 2021 | 77.31% |
| Sep 30, 2021 | 77.03% |
| Jun 30, 2021 | 75.82% |