Gilead Sciences, Inc. stock research
FY2026 Q1
Gilead Sciences (GILD) Gross Margin & Quarterly History
Explore Gilead Sciences, Inc. (GILD) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and gross profit were lower than the immediately preceding quarter, while cost of revenue also declined. Gross margin weakened slightly from the prior quarter but improved compared to the same quarter one year earlier.
- The relationship among revenue, gross profit, and cost of revenue shows that the decline in revenue was proportionally larger than the decline in cost of revenue, resulting in a slightly lower gross margin compared to the prior quarter. Relative to the year-ago quarter, revenue and gross profit rose while cost of revenue fell, leading to a higher gross margin.
- Gross margin was slightly lower than the prior quarter but higher than the same quarter one year earlier. Revenue and gross profit decreased from the prior quarter but increased from the year-ago quarter, while cost of revenue was lower in both comparisons.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
79.2%
Gross profit
$5.5B
Revenue
$7.0B
Cost of revenue
$1.4B
Quarter-over-quarter change
-0.3 pts
Year-over-year change
+2.3 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $7.1B | $5.6B | $1.5B | 78.8% |
| Sep 30, 2025 | $7.8B | $6.2B | $1.6B | 79.8% |
| Dec 31, 2025 | $7.9B | $6.3B | $1.6B | 79.5% |
| Mar 31, 2026 | $7.0B | $5.5B | $1.4B | 79.2% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-0.3 pts
Year-over-year change
Mar 31, 2025
+2.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The relationship among revenue, gross profit, and cost of revenue shows that the decline in revenue was proportionally larger than the decline in cost of revenue, resulting in a slightly lower gross margin compared to the prior quarter. Relative to the year-ago quarter, revenue and gross profit rose while cost of revenue fell, leading to a higher gross margin.
Gross margin was slightly lower than the prior quarter but higher than the same quarter one year earlier. Revenue and gross profit decreased from the prior quarter but increased from the year-ago quarter, while cost of revenue was lower in both comparisons.
Monitor the trajectory of revenue relative to cost of revenue to assess whether gross margin can sustain its year-over-year improvement.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Gilead Sciences, Inc. (GILD) | 79.2% |