GILD · 10-Q · 2026Q3 · Full report

Gross Margin Drivers

GILEAD SCIENCES, INC. · 2026-10-30 · Importance 18 · Surprise 32

Product gross margin increased to 81.0% for the three months ended September 30, 2026, up 241 basis points from the prior-year period. For the nine months ended September 30, 2026, product gross margin was 79.9%, up 184 basis points year over year. The company attributed both improvements primarily to the expiration of a royalty-related obligation.

Key facts

• Gilead’s product gross margin increased to 81.0% in Q3 2026 and 79.9% for the first nine months of 2026, primarily driven by expiration of a royalty-related obligation. source