Syndax Pharmaceuticals (SNDX) Gross Margin (2024 - 2026)

Syndax Pharmaceuticals (SNDX) recorded quarterly Gross Margin of 81.74% in Q1 2026, down 5.0% quarter-over-quarter from 86.04% in Q4 2025, and down 1385.0% on a YoY basis from 6.36% in Q1 2025.

Syndax Pharmaceuticals (SNDX) Gross Margin (2024 - 2026) Analysis & Trends

Syndax Pharmaceuticals' Gross Margin history runs 3 years deep, the most recent figure standing at 81.74% for Q1 2026.

  • In Q1 2026, Gross Margin fell 1385.0% year-over-year to 81.74%; the TTM figure through Mar 2026 stood at 85.74% (down 96.0% YoY), while the FY2025 annual figure was 80.4%, up 122.0% from the prior year.
  • Gross Margin was 81.74% for Q1 2026 at Syndax Pharmaceuticals, down from 86.04% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2024 to a low of 35.81% in Q4 2024.
  • Historically, Gross Margin has averaged 84.72% across 3 years, with a median of 90.81% in 2025.
  • Biggest YoY gain for Gross Margin was 5023 bps in 2025; the steepest drop was 1806 bps in 2025.
  • A 3-year view of Gross Margin shows it stood at 35.81% in 2024, then jumped by 140 bps to 86.04% in 2025, then slipped by 5 bps to 81.74% in 2026.
  • The last three Gross Margin figures came in at 81.74% (Q1 2026), 86.04% (Q4 2025), and 81.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross 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 79.04%
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 86.85%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Syndax Pharmaceuticals 1.69 Bn 1.34 Bn 53.02 Mn 81.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 81.74%
Dec 31, 2025 86.04%
Sep 30, 2025 81.94%
Jun 30, 2025 96.63%
Mar 31, 2025 95.58%
Dec 31, 2024 35.81%
Sep 30, 2024 100.00%
Jun 30, 2024 100.00%