TTM
100.0%
YoY change
+1512.85pp
Trough year (2023)
-1414.9%
Peak year (2024)
98.0%
Latest annual
98.0%
Gross Margin history chart for Sol-Gel Technologies (SLGL) from 2019 to 2024
Latest: 98.0%
Gross Margin change chart for Sol-Gel Technologies (SLGL) from 2019 to 2024
Latest: +1512.85pp
Gross Margin history table for Sol-Gel Technologies (SLGL) from 2019 to 2024
| 2024 | 98.0% | +1512.85pp | ||
| 2023 | -1414.9% | -1188.26pp | ||
| 2022 | -226.6% | -261.43pp | ||
| 2021 | 34.8% | +253.07pp | ||
| 2020 | -218.2% | -141.08pp | ||
| 2019 | -77.2% | — |
- 202498.0%+1512.85pp
- 2023-1414.9%-1188.26pp
- 2022-226.6%-261.43pp
- 202134.8%+253.07pp
- 2020-218.2%-141.08pp
- 2019-77.2%—
Gross Margin values are taken from Sol-Gel Technologies's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Sol-Gel Technologies (SLGL)
According to Sol-Gel Technologies's latest reported financial statements, the company's latest reported gross margin is 100.0%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2024's annual gross margin for Sol-Gel Technologies (SLGL) came in at 97.98% – expanded 1512.8 percentage points year-over-year.
97.98% stands as the all-time-high annual gross margin, posted in 2024, against a low of -1414.86% during 2023.
Sol-Gel Technologies Gross Margin by Year
Sol-Gel Technologies Gross Margin 2024: 98.0%
Sol-Gel Technologies gross margin in 2024 was 97.98%, expanded 1512.8 percentage points from 2023. This figure represents the highest annual value in the available history.
Sol-Gel Technologies Gross Margin 2023: -1414.9%
2023's gross margin for Sol-Gel Technologies came in at -1414.86%, contracted 1188.3 percentage points from 2022. This figure represents the lowest annual value in the available history.
Sol-Gel Technologies Gross Margin 2022: -226.6%
Sol-Gel Technologies posted gross margin of -226.60% in 2022, contracted 261.4 percentage points from 2021.
Sol-Gel Technologies Gross Margin 2021: 34.8%
In 2021, Sol-Gel Technologies reported gross margin of 34.83%, expanded 253.1 percentage points from 2020.
Sol-Gel Technologies Gross Margin 2020: -218.2%
Sol-Gel Technologies gross margin in 2020 was -218.24%.
See more financial history for Sol-Gel Technologies (SLGL).
Sector peers by Gross Margin
Healthcare peers of Sol-Gel Technologies (SLGL), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
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