Syndax Pharmaceuticals (SNDX) Gross Margin (2024 - 2026)
Syndax Pharmaceuticals (SNDX) posted quarterly Gross Margin of 81.74% for Q1 2026, down 1385.0% year-over-year from 6.36% in Q1 2025, and down 34.64% quarter-over-quarter from 125.05% in Q4 2025.
Analysis
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 98.07% (up 199.0% YoY), while the FY2025 annual figure was 95.96%, down 56.0% from the prior year.
- Gross Margin for Q1 2026 stood at 81.74%, down from 125.05% in the prior quarter.
- The five-year high for Gross Margin was 125.05% in Q4 2025, with the low at 81.74% in Q1 2026.
- The 3-year median for Gross Margin is 96.11% (2025), against an average of 96.27%.
- Peak annual rise in Gross Margin reached 3580 bps in 2025, while the deepest fall reached 1806 bps in 2025.
- Syndax Pharmaceuticals' Gross Margin stood at 89.24% in 2024, then soared by 40 bps to 125.05% in 2025, then plunged by 35 bps to 81.74% in 2026.
- Business Quant data shows SNDX's Gross Margin at 81.74% in Q1 2026, 125.05% in Q4 2025, and 81.94% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 35.86% |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 89.76% |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 76.90% |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 84.20% |
| 10 | Syndax Pharmaceuticals | 1.83 Bn | 1.28 Bn | 60.67 Mn | 83.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.35% |
| Mar 31, 2026 | 81.74% |
| Dec 31, 2025 | 86.04% |
| Sep 30, 2025 | 81.94% |
| Jun 30, 2025 | 79.31% |
| Mar 31, 2025 | 59.84% |
| Dec 31, 2024 | 35.81% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 100.00% |