Tonix Pharmaceuticals Holding (TNXP) Gross Margin (2023 - 2026)
Tonix Pharmaceuticals Holding's (TNXP) quarterly Gross Margin came in at 77.06% in Q1 2026, up 1588.0% year-on-year from 4.57% in Q1 2025, and down 4.12% quarter-over-quarter from 80.37% in Q4 2025.
Tonix Pharmaceuticals Holding (TNXP) Gross Margin (2023 - 2026) Analysis & Trends
Tonix Pharmaceuticals Holding's Gross Margin history runs 4 years deep, the most recent figure standing at 77.06% for Q1 2026.
- On a quarterly basis, Gross Margin rose 1588.0% year-over-year to 77.06% in Q1 2026; TTM through Mar 2026 was 58.56%, a 2875.0% increase from a year earlier, with the FY2025 full-year figure at 49.34%, up 2627.0% from the prior year.
- Gross Margin eased to 77.06% in Q1 2026 per TNXP's latest filing, from 80.37% in the prior quarter.
- Across five years, Gross Margin topped out at 80.37% in Q4 2025 and bottomed at 63.76% in Q2 2025.
- The 4-year median for Gross Margin is 44.9% (2024), against an average of 33.71%.
- Biggest YoY gain for Gross Margin was 2806 bps in 2025; the steepest drop was 1127 bps in 2025.
- Year by year, Gross Margin stood at 37.36% in 2023, then soared by 45 bps to 54.18% in 2024, then jumped by 48 bps to 80.37% in 2025, then fell by 4 bps to 77.06% in 2026.
- Per Business Quant, the three latest TNXP Gross Margin figures stand at 77.06% (Q1 2026), 80.37% (Q4 2025), and 58.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | - |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 88.95% |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | - |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | - |
| 10 | Tonix Pharmaceuticals Holding | 142.07 Mn | 142.07 Mn | 5.30 Mn | 77.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.06% |
| Dec 31, 2025 | 80.37% |
| Sep 30, 2025 | 58.45% |
| Jun 30, 2025 | -63.76% |
| Mar 31, 2025 | 61.18% |
| Dec 31, 2024 | 54.18% |
| Sep 30, 2024 | 44.90% |
| Jun 30, 2024 | -52.49% |
| Mar 31, 2024 | 33.12% |
| Dec 31, 2023 | 37.36% |
| Sep 30, 2023 | 40.49% |