Travere Therapeutics (TVTX) Operating Margin (2013 - 2026)
Travere Therapeutics (TVTX) recorded Operating Margin of -30.33% in Q3 2026, down 45.45 percentage points from 15.12% a year earlier and down 32.66 percentage points from the prior quarter.
Travere Therapeutics (TVTX) Operating Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Travere Therapeutics' Operating Margin came in at -20.50% as of Sep 30, 2026, up 0.40 percentage points year-over-year; for FY2025, it was -12.80%, up 126.08 percentage points from FY2024.
- Annual Operating Margin has increased for three straight years, with a five-year change of +76.03 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -138.88% in FY2024 (+128.37 pp), -267.24% in FY2023 (+24.93 pp) and -292.17% in FY2022.
- The Q3 2026 figure is the lowest quarterly Operating Margin since Q1 2025.
- On a year-over-year basis, Operating Margin rose in seven of the last eight quarters, with an average year-over-year change of +84.75 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 411.57 percentage points in Q4 2022, against a drop of 474.55 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.33% (Q2 2026), -29.02% (Q1 2026) and -25.00% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 52.42% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 24.35% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 36.01% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 30.89% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 35.79% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 41.71% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 32.98% |
| 10 | Travere Therapeutics | 4.85 Bn | 4.44 Bn | 221.70 Mn | -30.33% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -30.33% |
| Jun 30, 2026 | 2.33% |
| Mar 31, 2026 | -29.02% |
| Dec 31, 2025 | -25.00% |
| Sep 30, 2025 | 15.12% |
| Jun 30, 2025 | -11.05% |
| Mar 31, 2025 | -52.21% |
| Dec 31, 2024 | -81.21% |
| Sep 30, 2024 | -89.27% |
| Jun 30, 2024 | -125.11% |
| Mar 31, 2024 | -336.53% |
| Dec 31, 2023 | -209.13% |
| Sep 30, 2023 | -249.59% |
| Jun 30, 2023 | -322.87% |
| Mar 31, 2023 | -315.23% |
| Dec 31, 2022 | -295.52% |
| Sep 30, 2022 | -294.23% |
| Jun 30, 2022 | -274.24% |
| Mar 31, 2022 | -307.45% |
| Dec 31, 2021 | -707.08% |
Travere Therapeutics Operating 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=operating-margin&ticker=TVTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TVTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();