60 Degrees Pharmaceuticals SXTP
NASDAQ SXTP
$1.11 -0.02 (-1.77%)
As of: Aug 21, 2026 · 2:03 PM EDT

60 Degrees Pharmaceuticals (SXTP) Gross Margin (2022 - 2026)

60 Degrees Pharmaceuticals (SXTP) posted quarterly Gross Margin of 47.12% for Q1 2026, down 808.0% year-over-year from 6.66% in Q1 2025, and down 21.76% quarter-over-quarter from 60.22% in Q4 2025.

60 Degrees Pharmaceuticals (SXTP) Gross Margin (2022 - 2026) Analysis & Trends

60 Degrees Pharmaceuticals (SXTP) has reported Gross Margin for 5 consecutive years, with 47.12% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 808.0% year-over-year to 47.12%; the TTM figure through Mar 2026 stood at 20.9% (down 2010.0% YoY), while the FY2025 annual figure was 22.26%, down 1442.0% from the prior year.
  • Gross Margin eased to 47.12% in Q1 2026 per SXTP's latest filing, from 60.22% in the prior quarter.
  • Across five years, Gross Margin topped out at 82.74% in Q2 2022 and bottomed at 325.81% in Q1 2023.
  • Historically, Gross Margin has averaged 3.29% across 5 years, with a median of 38.08% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin sank 11387 bps — and 2024, when it jumped 36389 bps.
  • 60 Degrees Pharmaceuticals' Gross Margin stood at 45.13% in 2022, then tumbled by 117 bps to 7.57% in 2023, then jumped by 776 bps to 51.13% in 2024, then gained by 18 bps to 60.22% in 2025, then fell by 22 bps to 47.12% in 2026.
  • Business Quant data shows SXTP's Gross Margin at 47.12% in Q1 2026, 60.22% in Q4 2025, and 22.87% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vertex Pharmaceuticals 139.24 Bn 131.39 Bn 2.84 Bn 85.33%
2 Regeneron Pharmaceuticals 86.01 Bn 78.02 Bn 3.93 Bn 91.59%
3 Argenx Se 65.61 Bn 60.42 Bn 1.37 Bn 90.43%
4 Moderna 56.92 Bn 51.78 Bn 52.00 Mn 35.86%
5 BeOne Medicines 42.17 Bn 37.07 Bn 1.53 Bn 89.76%
6 Alnylam Pharmaceuticals 31.58 Bn 28.27 Bn 992.69 Mn 76.90%
7 BioNTech SE 27.77 Bn 9.38 Bn 668.28 Mn 63.27%
8 Insmed 27.52 Bn 26.36 Bn 358.27 Mn 84.20%
9 Royalty Pharma 27.36 Bn 26.52 Bn - -
10 60 Degrees Pharmaceuticals 2.95 Mn 1.92 Mn 56,798.00 27.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 47.12%
Dec 31, 2025 60.22%
Sep 30, 2025 -22.87%
Jun 30, 2025 50.41%
Mar 31, 2025 55.20%
Dec 31, 2024 51.13%
Sep 30, 2024 17.45%
Jun 30, 2024 28.33%
Mar 31, 2024 38.08%
Dec 31, 2023 -7.57%
Sep 30, 2023 -39.09%
Jun 30, 2023 -31.13%
Mar 31, 2023 -325.81%
Sep 30, 2022 45.13%
Jun 30, 2022 82.74%