Neurocrine Biosciences, Inc.

NBIX Healthcare Drug Manufacturers Specialty & Generic

Neurocrine Biosciences, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 21.4% from fiscal 2024.

Revenue
+41.2%
EPS
−3.67%
Free cash flow
+79.0%

Quarter to September 2026, against a year earlier

160.47 5.58 −3.36%
Market cap
$16.2B
P/E
23.0×
Fwd P/E
20.6×
Dividend yield
—
F-score
7/9
Altman Z
7.80
Beneish M
−2.64
Dividend safety
n/a

Neurocrine Biosciences, Inc. (NBIX) Gross margin

Alert me on Gross margin

Neurocrine Biosciences, Inc.'s gross margin over the twelve months to 30 September 2026 was 97.8%, down 0.4 percentage points from fiscal 2025 (98.2%). Over the past ten years it has ranged from 97.9% (fiscal 2023) to 100.0% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 53.5% and above the Healthcare sector median of 53.9%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 98.2% (0.38)
FY2024 98.6% 0.66
FY2023 97.9% (0.54)
FY2022 98.4% (0.30)
FY2021 98.7% (0.29)
FY2020 99.0% (0.03)
FY2019 99.1% 0.15
FY2018 98.9% (0.31)
FY2017 99.2% (0.78)
FY2016 100.0% 0.00

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 97.6% 0.05
Jun 2026 97.6% (0.73)
Mar 2026 98.3% 0.74
Dec 2025 97.6% (0.79)
36 more quarters

Against its own ten years

Low 97.9% High 100.0%
Ten-year median 98.9%
Current reading's percentile 3

Gross margin against peers

Company Gross margin
NBIX Neurocrine Biosciences, Inc. 97.8%
KNSA Kiniksa Pharmaceuticals International, plc compare 90.2%
UTHR United Therapeutics Corporation compare 86.3%
ALKS Alkermes plc compare 82.9%
ZTS Zoetis Inc. compare 71.7%
HLN Haleon PLC Sponsored ADR compare 62.2%
ELAN Elanco Animal Health Incorporated compare 55.4%
RDY Dr. Reddy's Laboratories Ltd compare 49.2%
VTRS Viatris Inc. compare 35.3%
Drug Manufacturers Specialty & Generic industry median 53.5%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on NBIX