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
DateValue
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%