Protagonist Therapeutics (PTGX) Operating Margin (2017 - 2026)
Protagonist Therapeutics' (PTGX) quarterly Operating Margin came in at 6.47% in Q1 2026, up 6171.0% year-on-year from 0.1% in Q1 2025, and up 99.04% quarter-over-quarter from 677.09% in Q4 2025.
Protagonist Therapeutics (PTGX) Operating Margin (2017 - 2026) Analysis & Trends
Protagonist Therapeutics has disclosed Operating Margin across 10 years of filings, most recently posting 6.47% for Q1 2026.
- Operating Margin for Q1 2026 came in at 6.47%, up 6171.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 192.36% (down 10978.0% YoY), and the FY2025 annual result was 343.63%, down 35714.0% from the prior year.
- Operating Margin came in at 6.47% for Q1 2026 at Protagonist Therapeutics, up from 677.09% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 192189.47% in Q4 2022 to a low of 4824.56% in Q2 2022.
- The 5-year median for Operating Margin is 82.07% (2022), against an average of 14154.73%.
- Across the five-year window, Operating Margin jumped 19261904 bps in 2022 and tumbled 19118826 bps in 2023, its largest moves.
- Protagonist Therapeutics' Operating Margin stood at 192189.47% in 2022, then slumped by 99 bps to 1001.21% in 2023, then tumbled by 104 bps to 40.84% in 2024, then tumbled by 1558 bps to 677.09% in 2025, then surged by 99 bps to 6.47% in 2026.
- The last three Operating Margin figures came in at 6.47% (Q1 2026), 677.09% (Q4 2025), and 985.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -6.43% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 38.10% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Protagonist Therapeutics | 7.35 Bn | 7.35 Bn | - | -6.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.47% |
| Dec 31, 2025 | -677.09% |
| Sep 30, 2025 | -985.17% |
| Jun 30, 2025 | -758.04% |
| Mar 31, 2025 | -68.18% |
| Dec 31, 2024 | -40.84% |
| Sep 30, 2024 | -886.70% |
| Jun 30, 2024 | -930.96% |
| Mar 31, 2024 | 80.92% |
| Dec 31, 2023 | 1,001.21% |
| Dec 31, 2022 | 192,189.47% |
| Jun 30, 2022 | -4,824.56% |
| Mar 31, 2022 | -82.07% |
| Dec 31, 2021 | -429.57% |
| Sep 30, 2021 | -329.83% |
| Jun 30, 2021 | -1,363.44% |
| Mar 31, 2021 | -388.12% |
| Dec 31, 2020 | -333.27% |
| Sep 30, 2020 | -59.26% |
| Mar 31, 2019 | -938.97% |