Pfizer PFE
NYSE PFE
$27.78 -0.01 (-0.02%)
At close: Sep 9, 2026 · 4:00 PM EDT

Pfizer (PFE) Gross Margin (2009 - 2026)

Pfizer's (PFE) quarterly Gross Margin came in at 72.78% in Q2 2026, down 144.0% year-over-year from 165.41% in Q2 2025, and down 3.53% quarter-over-quarter from 75.45% in Q1 2026.

Analysis

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

Pfizer (PFE) has reported Gross Margin for 18 consecutive years, with 72.78% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 144.0% year-over-year to 72.78% in Q2 2026; TTM through Jun 2026 was 73.18%, a 184.0% decrease from a year earlier, with the FY2025 full-year figure at 74.33%, up 238.0% from the prior year.
  • Gross Margin was 72.78% for Q2 2026 at Pfizer, down from 75.45% in the prior quarter.
  • Over five years, Gross Margin peaked at 79.26% in Q1 2025 and troughed at 120.24% in Q4 2023.
  • A 5-year average of 59.39% and a median of 74.09% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 1027 bps in 2022 and surged 1248 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 68.83% in 2022, then slumped by 275 bps to 120.24% in 2023, then jumped by 162 bps to 73.96% in 2024, then dropped by 5 bps to 69.97% in 2025, then increased by 4 bps to 72.78% in 2026.
  • The last three Gross Margin figures came in at 72.78% (Q2 2026), 75.45% (Q1 2026), and 69.97% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 68.19%
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 74.74%
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn 73.54%
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn 78.02%
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn 72.78%
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn 80.05%
7 Revolution Medicines 45.00 Bn 45.00 Bn - -
8 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 93.73%
9 United Therapeutics 20.81 Bn 18.15 Bn 683.80 Mn 87.30%
10 Jazz Pharmaceuticals 16.02 Bn 14.40 Bn 1.09 Bn 90.37%
Historic Data

Historic Data

Download Data
DateValue
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%
Sep 29, 2024 73.96%
Jun 30, 2024 75.16%
Mar 31, 2024 77.29%
Dec 31, 2023 -120.24%
Jul 2, 2023 75.11%
Apr 2, 2023 73.57%
Jul 3, 2022 68.83%
Apr 3, 2022 61.09%
Oct 3, 2021 63.30%
Jul 4, 2021 62.98%
Apr 4, 2021 71.36%
Sep 27, 2020 80.90%
Jun 28, 2020 81.49%
Mar 29, 2020 80.76%