Agilent Technologies, Inc. stock research
FY2025 Q2
Agilent Technologies (A) Gross Margin — Quarter Ended Apr 30, 2025
Revenue was stable compared to the preceding quarter, while gross profit decreased and cost of revenue increased, causing gross margin to weaken. Versus the same quarter one year earlier, revenue grew, cost of revenue rose at a faster pace, gross profit was slightly higher, and gross margin weakened.
Gross margin takeaway
Quarter ended Apr 30, 2025 · FY2025 Q2
Revenue was stable compared to the preceding quarter, while gross profit decreased and cost of revenue increased, causing gross margin to weaken. Versus the same quarter one year earlier, revenue grew, cost of revenue rose at a faster pace, gross profit was slightly higher, and gross margin weakened.
- Gross margin declined sequentially and year-over-year, primarily because cost of revenue increased relative to revenue. The absolute dollar increase in cost of revenue outpaced the growth in gross profit.
- Compared to the immediately preceding quarter, gross margin was lower. Compared to the same quarter one year earlier, gross margin was also lower.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
51.9%
Gross profit
$866.0M
Revenue
$1.7B
Cost of revenue
$802.0M
Quarter-over-quarter change
-1.6 pts
Year-over-year change
-2.5 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 |
|---|---|---|---|---|
| Jul 31, 2024 | $1.6B | $855.0M | $723.0M | 54.2% |
| Oct 31, 2024 | $1.7B | $916.0M | $785.0M | 53.9% |
| Jan 31, 2025 | $1.7B | $899.0M | $782.0M | 53.5% |
| Apr 30, 2025 | $1.7B | $866.0M | $802.0M | 51.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2025
-1.6 pts
Year-over-year change
Apr 30, 2024
-2.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin declined sequentially and year-over-year, primarily because cost of revenue increased relative to revenue. The absolute dollar increase in cost of revenue outpaced the growth in gross profit.
Compared to the immediately preceding quarter, gross margin was lower. Compared to the same quarter one year earlier, gross margin was also lower.
Monitor the trend in cost of revenue relative to revenue, as its increase has been the primary measurable factor in the margin decline.