Pfizer (PFE) Gross Margin (2009 - 2026)
Pfizer (PFE) posted Gross Margin of 75.71% for Q3 2026, up 0.76 percentage points from 74.95% a year earlier and up 2.93 percentage points from the prior quarter.
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Analysis
Pfizer (PFE) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 27, 2026, Gross Margin at Pfizer was 73.38%, down 0.02 percentage points year-over-year; for FY2025, it came in at 74.33%, up 2.38 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -5.31 percentage points (FY2020 to FY2025).
- In prior years, Pfizer's Gross Margin was 71.94% in FY2024 (+13.85 pp), 58.10% in FY2023 (-7.96 pp), 66.05% in FY2022 (+3.97 pp) and 62.08% in FY2021 (-17.55 pp).
- The Q3 2026 figure stands as the highest quarterly Gross Margin since Q1 2025.
- On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +2.89 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2024, with a gain of 38.97 percentage points; the weakest was Q3 2023, with a drop of 41.92 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 72.78% (Q2 2026), 75.45% (Q1 2026) and 69.97% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 83.88% |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 75.38% |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 72.95% |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 88.03% |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 73.10% |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | 81.07% |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 75.71% |
| 10 | Vertex Pharmaceuticals | 139.96 Bn | 111.95 Bn | 2.91 Bn | 84.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 75.71% |
| Jun 28, 2026 | 72.78% |
| Mar 29, 2026 | 75.45% |
| Dec 31, 2025 | 69.97% |
| Sep 28, 2025 | 74.95% |
| Jun 29, 2025 | 74.22% |
| Mar 30, 2025 | 79.26% |
| Dec 31, 2024 | 66.73% |
| Sep 29, 2024 | 70.27% |
| Jun 30, 2024 | 75.16% |
| Mar 31, 2024 | 77.29% |
| Dec 31, 2023 | 48.09% |
| Oct 1, 2023 | 31.29% |
| Jul 2, 2023 | 75.11% |
| Apr 2, 2023 | 73.57% |
| Dec 31, 2022 | 61.62% |
| Oct 2, 2022 | 73.22% |
| Jul 3, 2022 | 68.83% |
| Apr 3, 2022 | 61.09% |
| Dec 31, 2021 | 59.16% |
API Access
Pfizer Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();