Viatris (VTRS) Gross Margin (2020 - 2026)
Viatris (VTRS) posted Gross Margin of 38.77% for Q2 2026, up 1.56 percentage points from 37.21% a year earlier and up 5.87 percentage points from the prior quarter.
Powered by 
Analysis
Viatris (VTRS) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Viatris was 34.83%, down 1.78 percentage points year-over-year; for FY2025, it was 35.06%, down 3.09 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +3.28 percentage points (FY2020 to FY2025).
- In prior years, Viatris' Gross Margin was 38.15% in FY2024 (-3.58 pp), 41.74% in FY2023 (+1.79 pp), 39.95% in FY2022 (+8.78 pp) and 31.17% in FY2021 (-0.61 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q3 2024.
- On a year-over-year basis, Gross Margin increased in 1 of the last eight quarters, with an average year-over-year change of -3.06 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 16.81 percentage points; the weakest was Q4 2024, with a drop of 7.17 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 32.90% (Q1 2026), 30.99% (Q4 2025) and 36.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 83.88% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 75.38% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 72.95% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 78.02% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 83.60% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 73.10% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 81.07% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 75.71% |
| 10 | Viatris | 23.39 Bn | 17.59 Bn | 1.44 Bn | 38.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.35% |
| Jun 30, 2026 | 38.77% |
| Mar 31, 2026 | 32.90% |
| Dec 31, 2025 | 30.99% |
| Sep 30, 2025 | 36.48% |
| Jun 30, 2025 | 37.21% |
| Mar 31, 2025 | 35.68% |
| Dec 31, 2024 | 34.44% |
| Sep 30, 2024 | 38.90% |
| Jun 30, 2024 | 38.07% |
| Mar 31, 2024 | 41.05% |
| Dec 31, 2023 | 41.60% |
| Sep 30, 2023 | 42.91% |
| Jun 30, 2023 | 41.05% |
| Mar 31, 2023 | 41.36% |
| Dec 31, 2022 | 32.87% |
| Sep 30, 2022 | 42.87% |
| Jun 30, 2022 | 41.37% |
| Mar 31, 2022 | 42.25% |
| Dec 31, 2021 | 35.62% |
API Access
Viatris 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=VTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VTRS", "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=VTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();