Soligenix SNGX
NASDAQ SNGX
$0.37 -0.01 (-3.29%)
At close: Sep 29, 2026 · 4:00 PM EDT

Soligenix (SNGX) Gross Margin (2010 - 2023)

Updated

Soligenix (SNGX) recorded Gross Margin of 9.50% in Q4 2023, down 53.38 percentage points from 62.89% a year earlier and down 5.83 percentage points from the prior quarter.

Analysis

Soligenix (SNGX) Gross Margin (2010 - 2023) Analysis & Trends

For FY2023, Soligenix reported Gross Margin of 11.59%, down 30.36 percentage points from FY2022.

  • Annual Gross Margin has a five-year change of -0.69 percentage points (FY2018 to FY2023).
  • Across earlier years, Gross Margin came in at 41.95% in FY2022 (+30.35 pp), 11.60% in FY2021 (-11.22 pp), 22.82% in FY2020 (-0.13 pp) and 22.95% in FY2019 (+10.67 pp).
  • The Q4 2023 figure is the lowest quarterly Gross Margin since Q2 2021.
  • On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of +0.10 percentage points over the last eight quarters.
  • Peak year-over-year performance for Gross Margin in the last five years was a gain of 48.39 percentage points in Q4 2022, against a drop of 53.38 percentage points in Q4 2023 at the low end.
  • Per Business Quant, the preceding three quarters came in at 15.33% (Q3 2023), 11.07% (Q2 2023) and 12.11% (Q1 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Johnson & Johnson 655.56 Bn 574.09 Bn 17.26 Bn 68.19%
2 AbbVie 470.94 Bn 444.10 Bn 12.70 Bn 74.74%
3 Merck 367.14 Bn 321.57 Bn 12.21 Bn 73.54%
4 Novartis Ag 280.33 Bn 236.20 Bn 11.24 Bn 78.02%
5 Astrazeneca 257.78 Bn 231.34 Bn 12.86 Bn 83.60%
6 Amgen 226.04 Bn 181.44 Bn 7.24 Bn 72.04%
7 Gilead Sciences 188.89 Bn 163.01 Bn 6.22 Bn 79.76%
8 Pfizer 163.75 Bn 110.70 Bn 10.94 Bn 72.78%
9 Vertex Pharmaceuticals 133.68 Bn 105.69 Bn 2.84 Bn 85.33%
10 Soligenix 6.06 Mn 6.06 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 9.50%
Sep 30, 2023 15.33%
Jun 30, 2023 11.07%
Mar 31, 2023 12.11%
Dec 31, 2022 62.89%
Sep 30, 2022 22.09%
Jun 30, 2022 15.45%
Mar 31, 2022 50.97%
Dec 31, 2021 14.49%
Sep 30, 2021 10.71%
Jun 30, 2021 4.89%
Mar 31, 2021 17.10%
Dec 31, 2020 24.73%
Sep 30, 2020 36.49%
Jun 30, 2020 28.09%
Mar 31, 2020 10.28%
Dec 31, 2019 14.31%
Sep 30, 2019 23.07%
Jun 30, 2019 29.65%
Mar 31, 2019 18.94%
API Access

Soligenix Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=SNGX&period=max&api_key=YOUR_API_KEY