Vanda Pharmaceuticals annual gross margin
2009
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2014
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2025
Vanda Pharmaceuticals Gross Margin Growth & History (VNDA)
Vanda Pharmaceuticals's gross margin was 93.96% for fiscal 2025.
View full Vanda Pharmaceuticals company overviewVanda Pharmaceuticals annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 93.96% | −0.34 pp |
| 2024 | 2024-12-31 | 94.31% | +1.99 pp |
| 2023 | 2023-12-31 | 92.32% | +1.86 pp |
| 2022 | 2022-12-31 | 90.45% | −0.01 pp |
| 2021 | 2021-12-31 | 90.46% | −0.12 pp |
| 2020 | 2020-12-31 | 90.59% | +1.36 pp |
| 2019 | 2019-12-31 | 89.22% | −0.16 pp |
| 2018 | 2018-12-31 | 89.38% | — |
| 2015 | 2015-12-31 | 78.66% | −18.19 pp |
| 2014 | 2014-12-31 | 96.84% | — |
| 2012 | 2012-12-31 | 99.61% | — |
| 2010 | 2010-12-31 | 91.90% | +34.01 pp |
| 2009 | 2009-12-31 | 57.89% | — |
Vanda Pharmaceuticals quarterly gross margin
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Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 92.95% | −1.84 pp |
| Q1 2026 | 2026-03-31 | 93.89% | +0.93 pp |
| Q4 2025 | 2025-12-31 | 93.30% | −1.83 pp |
| Q3 2025 | 2025-09-30 | 94.75% | +0.10 pp |
| Q2 2025 | 2025-06-30 | 94.80% | +0.21 pp |
| Q1 2025 | 2025-03-31 | 92.96% | +0.21 pp |
| Q4 2024 | 2024-12-31 | 95.13% | +2.77 pp |
| Q3 2024 | 2024-09-30 | 94.65% | +2.54 pp |
| Q2 2024 | 2024-06-30 | 94.59% | +2.18 pp |
| Q1 2024 | 2024-03-31 | 92.75% | +0.39 pp |
| Q4 2023 | 2023-12-31 | 92.36% | +2.03 pp |
| Q3 2023 | 2023-09-30 | 92.11% | +1.78 pp |
| Q2 2023 | 2023-06-30 | 92.40% | +1.81 pp |
| Q1 2023 | 2023-03-31 | 92.36% | +1.77 pp |
| Q4 2022 | 2022-12-31 | 90.33% | −0.51 pp |
| Q3 2022 | 2022-09-30 | 90.32% | +0.02 pp |
| Q2 2022 | 2022-06-30 | 90.59% | +0.26 pp |
| Q1 2022 | 2022-03-31 | 90.59% | +0.21 pp |
| Q4 2021 | 2021-12-31 | 90.83% | +0.86 pp |
| Q3 2021 | 2021-09-30 | 90.30% | +0.69 pp |
| Q2 2021 | 2021-06-30 | 90.33% | +0.32 pp |
| Q1 2021 | 2021-03-31 | 90.38% | −0.01 pp |
| Q4 2020 | 2020-12-31 | 89.98% | +0.80 pp |
| Q3 2020 | 2020-09-30 | 89.61% | +1.64 pp |
| Q2 2020 | 2020-06-30 | 90.01% | +1.43 pp |
| Q1 2020 | 2020-03-31 | 90.38% | +1.90 pp |
| Q4 2019 | 2019-12-31 | 89.18% | +0.58 pp |
| Q3 2019 | 2019-09-30 | 87.97% | −0.91 pp |
| Q2 2019 | 2019-06-30 | 88.58% | +0.43 pp |
| Q1 2019 | 2019-03-31 | 88.49% | −0.24 pp |
| Q4 2018 | 2018-12-31 | 88.60% | +0.40 pp |
| Q3 2018 | 2018-09-30 | 88.88% | +0.87 pp |
| Q2 2018 | 2018-06-30 | 88.15% | −0.05 pp |
| Q1 2018 | 2018-03-31 | 88.73% | +0.64 pp |
| Q4 2017 | 2017-12-31 | 88.20% | +7.49 pp |
| Q3 2017 | 2017-09-30 | 88.01% | +13.82 pp |
| Q2 2017 | 2017-06-30 | 88.20% | +14.39 pp |
| Q1 2017 | 2017-03-31 | 88.09% | +14.84 pp |
| Q4 2016 | 2016-12-31 | 80.71% | +9.33 pp |
| Q3 2016 | 2016-09-30 | 74.19% | +7.54 pp |
| Q2 2016 | 2016-06-30 | 73.81% | +5.38 pp |
| Q1 2016 | 2016-03-31 | 73.25% | +14.60 pp |
| Q4 2015 | 2015-12-31 | 71.38% | −24.18 pp |
| Q3 2015 | 2015-09-30 | 66.65% | −28.60 pp |
| Q2 2015 | 2015-06-30 | 68.43% | −29.75 pp |
| Q1 2015 | 2015-03-31 | 58.65% | −41.35 pp |
| Q4 2014 | 2014-12-31 | 95.56% | — |
| Q3 2014 | 2014-09-30 | 95.24% | — |
| Q2 2014 | 2014-06-30 | 98.18% | — |
| Q1 2014 | 2014-03-31 | 100.00% | — |
| Q3 2010 | 2010-09-30 | 100.00% | — |
| Q2 2010 | 2010-06-30 | 81.71% | — |
Vanda Pharmaceuticals gross margin trends
Over the last five fiscal years, Vanda Pharmaceuticals's gross margin increased from 90.59% to 93.96%, a change of +3.38 percentage points. The latest reported quarter, Q2 2026, shows 92.95%.
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.
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