• Regeneron Pharmaceuticals average gross margin for 2023 was 86.38%, a 0.97% decline from 2022.
• Regeneron Pharmaceuticals average gross margin for 2022 was 85.55%, a 0.86% increase from 2021.
• Regeneron Pharmaceuticals average gross margin for 2021 was 86.29%, a 1.42% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.