Travere Therapeutics (TVTX) Gross Margin (2014 - 2026)
Travere Therapeutics (TVTX) reported Gross Margin of 80.49% for Q1 2026, down 431.0% on a YoY basis from 24.32% in Q1 2025, and down 20.09% quarter-over-quarter from 100.73% in Q4 2025.
Travere Therapeutics (TVTX) Gross Margin (2014 - 2026) Analysis & Trends
Travere Therapeutics has reported Gross Margin for 13 years, with the latest figure at 80.49% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 431.0% year-over-year to 80.49%; the trailing twelve-month figure through Mar 2026 stood at 143.48% (up 5030.0% YoY), and the FY2025 full-year result was 11.17%, down 10785.0% from the prior year.
- Gross Margin for Q1 2026 stood at 80.49%, down from 100.73% in the prior quarter.
- The five-year high for Gross Margin was 100.73% in Q4 2025, with the low at 80.49% in Q1 2026.
- Historically, Gross Margin has averaged 93.68% across 5 years, with a median of 96.04% in 2025.
- Annual changes were most pronounced in 2024 — Gross Margin soared 978 bps — and 2025, when it slumped 1157 bps.
- Travere Therapeutics' Gross Margin stood at 97.04% in 2022, then fell by 7 bps to 89.87% in 2023, then gained by 7 bps to 96.59% in 2024, then increased by 4 bps to 100.73% in 2025, then declined by 20 bps to 80.49% in 2026.
- The last three Gross Margin figures came in at 80.49% (Q1 2026), 100.73% (Q4 2025), and 96.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 79.04% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Travere Therapeutics | 5.07 Bn | 4.99 Bn | 102.38 Mn | 80.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.49% |
| Dec 31, 2025 | 100.73% |
| Sep 30, 2025 | 96.04% |
| Jun 30, 2025 | 98.67% |
| Mar 31, 2025 | 84.80% |
| Dec 31, 2024 | 96.59% |
| Sep 30, 2024 | 97.41% |
| Jun 30, 2024 | 96.19% |
| Mar 31, 2024 | 96.36% |
| Dec 31, 2023 | 89.87% |
| Sep 30, 2023 | 96.53% |
| Jun 30, 2023 | 95.49% |
| Mar 31, 2023 | 86.58% |
| Dec 31, 2022 | 97.04% |
| Sep 30, 2022 | 96.03% |
| Jun 30, 2022 | 92.84% |
| Mar 31, 2022 | 90.87% |
| Dec 31, 2021 | 99.32% |
| Sep 30, 2021 | 97.11% |
| Jun 30, 2021 | 96.98% |