Elite Pharmaceuticals Gross Margin Growth & History (ELTP)

Elite Pharmaceuticals's gross margin was 50.40% for fiscal 2026.

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Elite Pharmaceuticals annual gross margin history

Elite Pharmaceuticals annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20262026-03-3150.40%+2.70 pp
20252025-03-3147.70%+1.15 pp
20242024-03-3146.55%−2.04 pp
20232023-03-3148.58%+2.72 pp
20222022-03-3145.86%−0.90 pp
20212021-03-3146.76%+2.42 pp
20202020-03-3144.34%+6.45 pp
20192019-03-3137.89%−15.04 pp
20182018-03-3152.93%+14.13 pp
20172017-03-3138.80%−25.32 pp
20162016-03-3164.12%+24.21 pp
20152015-03-3139.91%+10.24 pp
20142014-03-3129.67%−2.31 pp
20132013-03-3131.98%−26.21 pp
20122012-03-3158.18%+20.89 pp
20112011-03-3137.29%

Elite Pharmaceuticals gross margin trends

Over the last five reported fiscal years, Elite Pharmaceuticals's gross margin increased from 46.76% to 50.40%, a change of +3.64 percentage points. The latest reported quarter, Q1 2027, shows 41.75%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Elite Pharmaceuticals filings at SEC.gov ↗