Regeneron Pharmaceuticals (REGN) Gross Margin (2009 - 2026)
Regeneron Pharmaceuticals' (REGN) quarterly Gross Margin came in at 91.79% in Q1 2026, down 165.0% year-on-year from 141.22% in Q1 2025, and down 4.83% quarter-over-quarter from 96.45% in Q4 2025.
Regeneron Pharmaceuticals (REGN) Gross Margin (2009 - 2026) Analysis & Trends
Regeneron Pharmaceuticals' Gross Margin history runs 18 years deep, the most recent figure standing at 91.79% for Q1 2026.
- On a quarterly basis, Gross Margin fell 165.0% year-over-year to 91.79% in Q1 2026; TTM through Mar 2026 was 93.36%, a 136.0% increase from a year earlier, with the FY2025 full-year figure at 93.31%, up 96.0% from the prior year.
- Gross Margin fell to 91.79% in Q1 2026 per REGN's latest filing, from 96.45% in the prior quarter.
- Across five years, Gross Margin topped out at 96.45% in Q4 2025 and bottomed at 314.6% in Q1 2022.
- The 5-year median for Gross Margin is 93.27% (2023), against an average of 53.19%.
- Across the five-year window, Gross Margin slumped 40736 bps in 2022 and jumped 40801 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 178.0% in 2022, then surged by 152 bps to 92.47% in 2023, then fell by 4 bps to 88.32% in 2024, then advanced by 9 bps to 96.45% in 2025, then slipped by 5 bps to 91.79% in 2026.
- Per Business Quant, the three latest REGN Gross Margin figures stand at 91.79% (Q1 2026), 96.45% (Q4 2025), and 92.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 88.95% |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 90.68% |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Alnylam Pharmaceuticals | 36.08 Bn | 33.07 Bn | 959.66 Mn | 82.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.79% |
| Dec 31, 2025 | 96.45% |
| Sep 30, 2025 | 92.52% |
| Jun 30, 2025 | 92.50% |
| Mar 31, 2025 | 93.44% |
| Dec 31, 2024 | 88.32% |
| Sep 30, 2024 | 92.95% |
| Jun 30, 2024 | 93.73% |
| Mar 31, 2024 | 93.85% |
| Dec 31, 2023 | 92.47% |
| Sep 30, 2023 | 93.32% |
| Jun 30, 2023 | 93.27% |
| Mar 31, 2023 | 93.41% |
| Dec 31, 2022 | -178.00% |
| Sep 30, 2022 | 93.99% |
| Jun 30, 2022 | 94.78% |
| Mar 31, 2022 | -314.60% |
| Dec 31, 2021 | 106.00% |
| Sep 30, 2021 | 93.08% |
| Jun 30, 2021 | 97.00% |