PFE · News · 20261104N

Gross Margin Drivers

PFIZER INC · 2026-11-04 · Importance 9 · Surprise 6

Pfizer's adjusted gross margin was 77% in Q3 2026. The reported drivers were favorable product mix and cost management. The quarter's adjusted operating margin was 36%, tempered by a $0.10-per-share Innovent transaction charge to adjusted EPS.

Key facts