Onconetix (ONCO) Gross Margin (2024 - 2026)
Onconetix's (ONCO) quarterly Gross Margin came in at 25.13% in Q2 2026, down 4107.0% year-over-year from 0.63% in Q2 2025, and up 425.87% quarter-over-quarter from 7.71% in Q1 2026.
Analysis
Onconetix (ONCO) Gross Margin (2024 - 2026) Analysis & Trends
Onconetix (ONCO) has reported Gross Margin for 3 consecutive years, with 25.13% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 4107.0% year-over-year to 25.13% in Q2 2026; TTM through Jun 2026 was 80.4%, a 1395.0% increase from a year earlier, with the FY2025 full-year figure at 77.62%, up 3582.0% from the prior year.
- Gross Margin was 25.13% for Q2 2026 at Onconetix, up from 7.71% in the prior quarter.
- Over five years, Gross Margin peaked at 92.7% in Q4 2024 and troughed at 7.71% in Q1 2026.
- A 3-year average of 45.87% and a median of 36.04% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 6264 bps in 2025 and tumbled 5281 bps in 2026, its largest moves.
- Over 3 years, Gross Margin stood at 92.7% in 2024, then decreased by 12 bps to 81.58% in 2025, then slumped by 69 bps to 25.13% in 2026.
- The last three Gross Margin figures came in at 25.13% (Q2 2026), 7.71% (Q1 2026), and 81.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.10 Bn | 26.99 Bn | 2.18 Bn | 41.17% |
| 2 | Lantheus Holdings | 6.54 Bn | 5.95 Bn | 241.86 Mn | 62.30% |
| 3 | Heartflow | 3.94 Bn | 3.56 Bn | 53.19 Mn | 83.00% |
| 4 | Neogen | 2.57 Bn | 2.38 Bn | 107.80 Mn | 47.85% |
| 5 | Butterfly Network | 1.86 Bn | 1.74 Bn | 23.29 Mn | 71.41% |
| 6 | Ceribell | 889.95 Mn | 760.69 Mn | 25.94 Mn | 92.32% |
| 7 | QuidelOrtho | 828.82 Mn | 705.42 Mn | - | - |
| 8 | Varex Imaging | 778.01 Mn | 678.81 Mn | 76.70 Mn | 36.44% |
| 9 | Prenetics Global | 332.61 Mn | 273.56 Mn | 30.20 Mn | 64.97% |
| 10 | Onconetix | 1.79 Mn | -4.15 Mn | 4,303.00 | 25.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.13% |
| Mar 31, 2026 | -7.71% |
| Dec 31, 2025 | 81.58% |
| Sep 30, 2025 | 88.55% |
| Jun 30, 2025 | 66.20% |
| Mar 31, 2025 | 45.10% |
| Dec 31, 2024 | 92.70% |
| Sep 30, 2024 | 25.91% |
| Jun 30, 2024 | 14.29% |
| Mar 31, 2024 | 26.98% |