Travere Therapeutics (TVTX) Gross Margin (2014 - 2026)
Travere Therapeutics' Gross Margin was 98.72% in Q3 2026, down 0.32 percentage points from 99.04% a year earlier but up 0.01 percentage points from the prior quarter.
Travere Therapeutics (TVTX) Gross Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Travere Therapeutics' Gross Margin was 98.53% through Sep 30, 2026, up 0.91 percentage points year-over-year; for FY2025, it came in at 97.89%, up 1.21 percentage points from FY2024.
- Gross Margin shows a five-year change of +0.98 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 96.68% in FY2024 (+4.56 pp), 92.12% in FY2023 (-3.85 pp) and 95.96% in FY2022.
- Quarterly Gross Margin has moved between 86.58% (Q1 2023) and 108.92% (Q4 2021) over five years.
- Compared with a year earlier, Gross Margin was higher in six of the last eight quarters, with an average year-over-year change of +1.76 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 12.98 percentage points); the worst was Q4 2022 (a drop of 11.88 percentage points).
- Per Business Quant data, TVTX's Gross Margin in the three quarters before Q3 2026 was 98.72% (Q2 2026), 98.47% (Q1 2026) and 98.03% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 83.88% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 75.38% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 72.95% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 88.03% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 73.10% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 81.07% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 75.71% |
| 10 | Travere Therapeutics | 4.97 Bn | 4.56 Bn | 221.70 Mn | 98.72% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 98.72% |
| Jun 30, 2026 | 98.72% |
| Mar 31, 2026 | 98.47% |
| Dec 31, 2025 | 98.03% |
| Sep 30, 2025 | 99.04% |
| 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 | 108.92% |
Travere Therapeutics Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TVTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TVTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TVTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();