X4 Pharmaceuticals (XFOR) Gross Margin (2024 - 2026)
X4 Pharmaceuticals' (XFOR) quarterly Gross Margin came in at 81.64% in Q2 2026, down 184.0% on a YoY basis from 97.19% in Q2 2025, and up 4.77% quarter-over-quarter from 77.92% in Q1 2026.
Analysis
X4 Pharmaceuticals (XFOR) Gross Margin (2024 - 2026) Analysis & Trends
X4 Pharmaceuticals (XFOR) has reported Gross Margin for 3 consecutive years, with 81.64% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 184.0% year-over-year to 81.64%; the trailing twelve-month figure through Jun 2026 stood at 81.51% (down 149.0% YoY), and the FY2025 full-year result was 83.6%, up 1477.0% from the prior year.
- Gross Margin climbed to 81.64% in Q2 2026 per XFOR's latest filing, from 77.92% in the prior quarter.
- Across five years, Gross Margin topped out at 85.83% in Q4 2025 and bottomed at 52.4% in Q2 2024.
- Historically, Gross Margin has averaged 75.93% across 3 years, with a median of 80.11% in 2025.
- The sharpest annual moves came in 2025 and 2026: Gross Margin surged 3108 bps in 2025, then plunged 571 bps in 2026.
- Over 3 years, Gross Margin stood at 78.94% in 2024, then increased by 9 bps to 85.83% in 2025, then fell by 5 bps to 81.64% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 81.64%, 77.92%, and 85.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | 78.02% |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 72.78% |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | 80.05% |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | - |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn | 89.76% |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 93.73% |
| 10 | X4 Pharmaceuticals | 510.43 Mn | 315.33 Mn | 7.19 Mn | 81.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.64% |
| Mar 31, 2026 | 77.92% |
| Dec 31, 2025 | 85.83% |
| Sep 30, 2025 | 80.11% |
| Jun 30, 2025 | 83.48% |
| Mar 31, 2025 | 83.63% |
| Dec 31, 2024 | 78.94% |
| Sep 30, 2024 | 59.46% |
| Jun 30, 2024 | 52.40% |