Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 70.07% is 18% above its 5-year average of 59.32%, near the high end of its 5-year range (35.29%–81.15%).
0.76% below its 12-month average of 70.61%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 69.28%.
GROSS MARGIN
70.07%
GROSS MARGIN AVG TTM
70.61%
GROSS MARGIN AVG 3Y
73.52%
GROSS MARGIN AVG 5Y
59.32%
GROSS MARGIN AVG 10Y
63.03%
GROSS MARGIN AVG 15Y
42.00%
GROSS MARGIN AVG 20Y
51.38%
CURRENT VS TTM AVG
-0.76%
CURRENT VS 3Y AVG
-4.69%
CURRENT VS 5Y AVG
+18.12%
CURRENT VS 10Y AVG
+11.18%
CURRENT VS 15Y AVG
+66.83%
CURRENT VS 20Y AVG
+36.37%
SECTOR MEDIAN · HEALTHCARE
41.38%
median of 863 covered companies
CURRENT VS SECTOR MEDIAN
+69.33%
vs the sector median at left
Heron Therapeutics, Inc.
Market Cap
$62.78M
Gross Margin
70.07%
TTM Avg
70.61%
3Y Avg
73.52%
5Y Avg
59.32%
Market Cap
$63.78M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
50.00%
5Y Avg
66.67%
Market Cap
$60.42M
Gross Margin
0.00%
TTM Avg
23.12%
3Y Avg
20.52%
5Y Avg
13.68%
Market Cap
$60.02M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Heron Therapeutics, Inc. (HRTX) | $62.78M | 70.07% | 70.61% | 73.52% | 59.32% |
| RenovoRx, Inc. (RNXT)vs › | $62.62M | 70.88% | 85.44% | 42.72% | 28.48% |
| InterCure Ltd. (INCR)vs › | $63.02M | 14.40% | 12.47% | 23.60% | 30.84% |
| Pliant Therapeutics, Inc. (PLRX)vs › | $63.78M | 0.00% | 0.00% | 50.00% | 66.67% |
| Alps Group Inc (ALPS)vs › | $64.18M | 32.09% | 26.51% | 26.11% | 26.57% |
| Fractyl Health, Inc. (GUTS)vs › | $60.42M | 0.00% | 23.12% | 20.52% | 13.68% |
| Oncolytics Biotech Inc. (ONCY)vs › | $60.02M | 0.00% | 0.00% | 0.00% | 0.00% |
| XBiotech Inc. (XBIT)vs › | $65.85M | 0.00% | 0.00% | 20.94% | 28.94% |
| Cingulate Inc. (CING)vs › | $65.86M | 0.00% | 0.00% | 0.00% | 0.00% |
| Gossamer Bio, Inc. (GOSS)vs › | $65.87M | 99.56% | 98.97% | 49.48% | 32.99% |
Gross Margin
70.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 69.28% |
| 2026-03-31 | 69.35% |
| 2025-12-31 | 81.15% |
| 2025-09-30 | 59.74% |
| 2025-06-30 | 73.50% |
| 2025-03-31 | 78.26% |
| 2024-12-31 | 74.92% |
| 2024-09-30 | 71.17% |
| 2024-06-30 | 70.80% |
| 2024-03-31 | 75.64% |
| 2023-12-31 | 71.12% |
| 2023-09-30 | 42.08% |
| 2023-06-30 | 36.53% |
| 2023-03-31 | 43.09% |
| 2022-12-31 | 57.95% |
| 2022-09-30 | 44.58% |
| 2022-06-30 | 41.46% |
| 2022-03-31 | 51.59% |
| 2021-12-31 | 47.03% |
| 2021-09-30 | 51.14% |
| 2021-06-30 | 35.29% |
| 2021-03-31 | 54.01% |
| 2020-12-31 | 54.42% |
| 2020-09-30 | 64.09% |
| 2020-06-30 | 60.27% |
| 2020-03-31 | 58.18% |
| 2019-12-31 | 54.75% |
| 2019-09-30 | 59.66% |
| 2019-06-30 | 62.93% |
| 2019-03-31 | 52.65% |
| 2018-12-31 | 59.88% |
| 2018-09-30 | 61.71% |
| 2018-06-30 | 69.72% |
| 2018-03-31 | 72.91% |
| 2017-12-31 | 86.69% |
| 2017-09-30 | 87.74% |
| 2017-06-30 | 88.10% |
| 2017-03-31 | 67.35% |
| 2016-12-31 | 97.26% |
| 2016-09-30 | -45.99% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 50.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 94.26% |
| 2002-09-30 | 91.88% |