Syndax Pharmaceuticals (SNDX) Gross Margin (2024 - 2026)
Syndax Pharmaceuticals' (SNDX) quarterly Gross Margin came in at 81.74% in Q1 2026, down 1385.0% year-on-year from 6.36% in Q1 2025, and down 34.64% quarter-over-quarter from 125.05% in Q4 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.
- On a quarterly basis, Gross Margin fell 1385.0% year-over-year to 81.74% in Q1 2026; TTM through Mar 2026 was 98.07%, a 199.0% increase from a year earlier, with the FY2025 full-year figure at 95.96%, down 56.0% from the prior year.
- Gross Margin retreated to 81.74% in Q1 2026 per SNDX's latest filing, from 125.05% in the prior quarter.
- Across five years, Gross Margin topped out at 125.05% in Q4 2025 and bottomed at 81.74% in Q1 2026.
- The 3-year median for Gross Margin is 96.11% (2025), against an average of 96.27%.
- Biggest YoY gain for Gross Margin was 3580 bps in 2025; the steepest drop was 1806 bps in 2025.
- Year by year, Gross Margin stood at 89.24% in 2024, then jumped by 40 bps to 125.05% in 2025, then tumbled by 35 bps to 81.74% in 2026.
- Per Business Quant, the three latest SNDX Gross Margin figures stand at 81.74% (Q1 2026), 125.05% (Q4 2025), and 81.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Syndax Pharmaceuticals | 1.87 Bn | 1.52 Bn | 53.02 Mn | 81.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.74% |
| Dec 31, 2025 | 125.05% |
| Sep 30, 2025 | 81.94% |
| Jun 30, 2025 | 96.63% |
| Mar 31, 2025 | 95.58% |
| Dec 31, 2024 | 89.24% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 100.00% |