Teva Pharmaceutical Industries (TEVA) Gross Margin (2009 - 2026)
Teva Pharmaceutical Industries' (TEVA) quarterly Gross Margin came in at 51.98% in Q2 2026, up 164.0% on a YoY basis from 19.69% in Q2 2025, and up 4.96% quarter-over-quarter from 49.52% in Q1 2026.
Analysis
Teva Pharmaceutical Industries (TEVA) Gross Margin (2009 - 2026) Analysis & Trends
Teva Pharmaceutical Industries (TEVA) has reported Gross Margin for 18 consecutive years, with 51.98% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 164.0% year-over-year to 51.98%; the trailing twelve-month figure through Jun 2026 stood at 52.47% (down 144.0% YoY), and the FY2025 full-year result was 51.79%, up 305.0% from the prior year.
- Gross Margin rose to 51.98% in Q2 2026 per TEVA's latest filing, from 49.52% in the prior quarter.
- Across five years, Gross Margin topped out at 73.14% in Q4 2024 and bottomed at 43.21% in Q1 2023.
- Historically, Gross Margin has averaged 50.24% across 5 years, with a median of 48.42% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 1893 bps in 2024, then slumped 1676 bps in 2025.
- Over 5 years, Gross Margin stood at 45.57% in 2022, then grew by 19 bps to 54.21% in 2023, then surged by 35 bps to 73.14% in 2024, then fell by 23 bps to 56.38% in 2025, then fell by 8 bps to 51.98% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 51.98%, 49.52%, and 56.38% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.60 Bn | 38.95 Bn | 2.15 Bn | 51.98% |
| 2 | Viatris | 19.13 Bn | 18.24 Bn | 1.46 Bn | 38.77% |
| 3 | Dr Reddys Laboratories | 9.86 Bn | 9.69 Bn | 396.53 Mn | 46.52% |
| 4 | Amneal Pharmaceuticals | 5.46 Bn | 5.33 Bn | 334.51 Mn | 42.01% |
| 5 | Bausch Health Companies | 2.36 Bn | 520.75 Mn | 2.10 Bn | 73.60% |
| 6 | Alvotech | 1.51 Bn | 1.37 Bn | 2.56 Mn | 4.68% |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 62.35% |
| 8 | Amphastar Pharmaceuticals | 992.90 Mn | 702.78 Mn | 93.47 Mn | 50.83% |
| 9 | Fennec Pharmaceuticals | 411.09 Mn | 369.84 Mn | 17.15 Mn | 95.97% |
| 10 | RedHill Biopharma | 181.39 Mn | 181.39 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.98% |
| Mar 31, 2026 | 49.52% |
| Dec 31, 2025 | 56.38% |
| Sep 30, 2025 | 51.43% |
| Jun 30, 2025 | 50.34% |
| Mar 31, 2025 | 48.24% |
| Dec 31, 2024 | 73.14% |
| Sep 30, 2024 | 49.58% |
| Jun 30, 2024 | 48.61% |
| Mar 31, 2024 | 46.37% |
| Dec 31, 2023 | 54.21% |
| Sep 30, 2023 | 48.08% |
| Jun 30, 2023 | 46.31% |
| Mar 31, 2023 | 43.21% |
| Dec 31, 2022 | 45.57% |
| Sep 30, 2022 | 46.43% |
| Jun 30, 2022 | 47.39% |
| Mar 31, 2022 | 47.53% |
| Dec 31, 2021 | 50.00% |
| Sep 30, 2021 | 46.15% |