Seer (SEER) Gross Margin (2020 - 2026)
Seer (SEER) recorded quarterly Gross Margin of 35.16% in Q1 2026, down 32.34% quarter-over-quarter from 51.96% in Q4 2025, and down 1385.0% on a YoY basis from 2.74% in Q1 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 was 35.16% for Q1 2026 at Seer, down from 51.96% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 56.91% in Q2 2023 to a low of 35.16% in Q1 2026.
- Historically, Gross Margin has averaged 48.51% across 5 years, with a median of 49.84% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 6244 bps in 2022, then surged 1346 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 49.84% in 2022, then dropped by 10 bps to 45.09% in 2023, then climbed by 12 bps to 50.62% in 2024, then rose by 3 bps to 51.96% in 2025, then slumped by 32 bps to 35.16% in 2026.
- The last three Gross Margin figures came in at 35.16% (Q1 2026), 51.96% (Q4 2025), and 51.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | - |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | - |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | - |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | 79.04% |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | - |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | - |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | - |
| 10 | Seer | 99.67 Mn | 99.67 Mn | 982,000.00 | 35.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 56.07% |