Travere Therapeutics (TVTX) Gross Margin (2014 - 2026)
Travere Therapeutics (TVTX) posted Gross Margin of 98.47% for Q1 2026, down 2.24% on a QoQ basis from 100.73% in Q4 2025, and up 419.0% year-over-year from 18.97% in Q1 2025.
Travere Therapeutics (TVTX) Gross Margin (2014 - 2026) Analysis & Trends
Travere Therapeutics' Gross Margin history runs 13 years deep, the most recent figure standing at 98.47% for Q1 2026.
- Quarterly Gross Margin rose 419.0% year-over-year to 98.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 110.86% (up 1485.0% YoY) and the FY2025 annual result came in at 11.17%, down 10785.0% from the prior year.
- Gross Margin was 98.47% for Q1 2026 at Travere Therapeutics, down from 100.73% in the prior quarter.
- Across five years, Gross Margin topped out at 100.73% in Q4 2025 and bottomed at 86.58% in Q1 2023.
- A 5-year average of 95.29% and a median of 96.19% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 717 bps — and 2024, when it soared 978 bps.
- Travere Therapeutics' Gross Margin stood at 97.04% in 2022, then decreased by 7 bps to 89.87% in 2023, then climbed by 7 bps to 96.59% in 2024, then gained by 4 bps to 100.73% in 2025, then fell by 2 bps to 98.47% in 2026.
- Business Quant data shows TVTX's Gross Margin at 98.47% in Q1 2026, 100.73% in Q4 2025, and 96.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Travere Therapeutics | 5.21 Bn | 5.21 Bn | 125.25 Mn | 98.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.47% |
| Dec 31, 2025 | 100.73% |
| Sep 30, 2025 | 96.04% |
| Jun 30, 2025 | 98.67% |
| Mar 31, 2025 | 94.28% |
| 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 | 97.67% |
| Jun 30, 2021 | 96.98% |