Seer (SEER) Gross Margin (2020 - 2026)
Seer (SEER) posted quarterly Gross Margin of 35.16% for Q1 2026, down 1385.0% year-over-year from 2.74% in Q1 2025, and down 32.34% quarter-over-quarter from 51.96% in Q4 2025.
Seer (SEER) Gross Margin (2020 - 2026) Analysis & Trends
Seer's Gross Margin history runs 7 years deep, the most recent figure standing at 35.16% for Q1 2026.
- In Q1 2026, Gross Margin fell 1385.0% year-over-year to 35.16%; the TTM figure through Mar 2026 stood at 48.7% (down 196.0% YoY), while the FY2025 annual figure was 51.06%, up 127.0% from the prior year.
- Gross Margin for Q1 2026 stood at 35.16%, down from 51.96% in the prior quarter.
- The five-year high for Gross Margin was 56.91% in Q2 2023, with the low at 35.16% in Q1 2026.
- The 5-year median for Gross Margin is 49.84% (2022), against an average of 48.51%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 6244 bps in 2022, then jumped 1346 bps in 2023.
- Seer's Gross Margin stood at 49.84% in 2022, then slipped by 10 bps to 45.09% in 2023, then advanced by 12 bps to 50.62% in 2024, then increased by 3 bps to 51.96% in 2025, then sank by 32 bps to 35.16% in 2026.
- Business Quant data shows SEER's Gross Margin at 35.16% in Q1 2026, 51.96% in Q4 2025, and 51.2% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 90.68% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 89.76% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 60,631,834.75% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 76.90% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 84.20% |
| 10 | Seer | 230.63 Mn | 230.63 Mn | 1.51 Mn | 48.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 48.55% |
| Mar 31, 2026 | 35.16% |
| Dec 31, 2025 | 51.96% |
| Sep 30, 2025 | 51.20% |
| Jun 30, 2025 | 52.11% |
| Mar 31, 2025 | 49.01% |
| Dec 31, 2024 | 50.63% |
| Sep 30, 2024 | 48.07% |
| Jun 30, 2024 | 56.35% |
| Mar 31, 2024 | 44.39% |
| Dec 31, 2023 | 45.09% |
| Sep 30, 2023 | 51.80% |
| Jun 30, 2023 | 56.91% |
| Mar 31, 2023 | 51.02% |
| Dec 31, 2022 | 49.84% |
| Sep 30, 2022 | 49.18% |
| Jun 30, 2022 | 44.44% |
| Mar 31, 2022 | 37.56% |
| Dec 31, 2021 | 46.74% |
| Sep 30, 2021 | 54.25% |