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| Date | Value |
|---|---|
| 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% |