Pfizer (PFE) Gross Margin (2009 - 2026)

Pfizer (PFE) posted quarterly Gross Margin of 51.69% for Q1 2026, down 1705.0% YoY from 3.22% in Q1 2025, and down 173.87% sequentially from 69.97% in Q4 2025.

Pfizer (PFE) Gross Margin (2009 - 2026) Analysis & Trends

Pfizer has disclosed Gross Margin across 18 years of filings, most recently posting 51.69% for Q1 2026.

  • In Q1 2026, Gross Margin fell 1705.0% year-over-year to 51.69%; the TTM figure through Mar 2026 stood at 31.46% (down 2040.0% YoY), while the FY2025 annual figure was 74.33%, up 18714.0% from the prior year.
  • Gross Margin fell to 51.69% in Q1 2026, from 69.97% in the prior quarter.
  • Over the last five years, Gross Margin for PFE reached as high as 77.29% in Q1 2024 and fell as low as 1090.72% in Q3 2024.
  • The 5-year median for Gross Margin is 34.64% (2025), against an average of 100.7%.
  • Annual changes were most pronounced in 2024 — Gross Margin slumped 62726 bps — and 2025, when it surged 100917 bps.
  • A 5-year view of Gross Margin shows it stood at 73.22% in 2022, then tumbled by 264 bps to 120.24% in 2023, then slumped by 807 bps to 1090.72% in 2024, then jumped by 106 bps to 69.97% in 2025, then tumbled by 174 bps to 51.69% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 51.69%, 69.97%, and 81.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 81.93%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 66.31%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 71.88%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 87.65%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 74.24%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 68.16%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 79.24%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -51.69%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 73.32%

Historic Data

Download Data
DateValue
Mar 29, 2026 -51.69%
Dec 31, 2025 69.97%
Sep 28, 2025 -81.55%
Jun 29, 2025 -66.21%
Mar 30, 2025 -34.64%
Sep 29, 2024 -1,090.72%
Jun 30, 2024 75.16%
Mar 31, 2024 77.29%
Dec 31, 2023 -120.24%
Jul 2, 2023 7.25%
Apr 2, 2023 -34.71%
Jul 3, 2022 68.83%
Apr 3, 2022 61.09%
Oct 3, 2021 58.68%
Jul 4, 2021 62.98%
Apr 4, 2021 71.36%
Sep 27, 2020 80.47%
Jun 28, 2020 81.49%
Mar 29, 2020 80.76%
Sep 29, 2019 79.48%