Agilent Technologies, Inc. stock research
FY2025 Q4
Agilent Technologies (A) Gross Margin — Quarter Ended Oct 31, 2025
Revenue and gross profit both increased from the prior quarter and from the same quarter last year, while cost of revenue also rose. Gross margin improved compared to the prior quarter but weakened relative to the same quarter one year earlier.
Gross margin takeaway
Quarter ended Oct 31, 2025 · FY2025 Q4
Revenue and gross profit both increased from the prior quarter and from the same quarter last year, while cost of revenue also rose. Gross margin improved compared to the prior quarter but weakened relative to the same quarter one year earlier.
- The strongest observable driver is the change in cost of revenue relative to revenue. From the prior quarter, revenue growth outpaced cost of revenue growth, expanding margin; from the year-ago quarter, cost of revenue grew faster than revenue, compressing margin.
- Gross margin improved from the immediately preceding quarter but weakened from the same quarter one year earlier. The sequential improvement was accompanied by a larger proportional increase in revenue relative to cost of revenue, while the year-over-year decline reflected the opposite relationship.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
53.2%
Gross profit
$990.0M
Revenue
$1.9B
Cost of revenue
$871.0M
Quarter-over-quarter change
+2.1 pts
Year-over-year change
-0.7 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 |
|---|---|---|---|---|
| Jan 31, 2025 | $1.7B | $899.0M | $782.0M | 53.5% |
| Apr 30, 2025 | $1.7B | $866.0M | $802.0M | 51.9% |
| Jul 31, 2025 | $1.7B | $888.0M | $850.0M | 51.1% |
| Oct 31, 2025 | $1.9B | $990.0M | $871.0M | 53.2% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jul 31, 2025
+2.1 pts
Year-over-year change
Oct 31, 2024
-0.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver is the change in cost of revenue relative to revenue. From the prior quarter, revenue growth outpaced cost of revenue growth, expanding margin; from the year-ago quarter, cost of revenue grew faster than revenue, compressing margin.
Gross margin improved from the immediately preceding quarter but weakened from the same quarter one year earlier. The sequential improvement was accompanied by a larger proportional increase in revenue relative to cost of revenue, while the year-over-year decline reflected the opposite relationship.
Monitor the trend in cost of revenue growth relative to revenue growth, as it has been the primary factor behind margin movements.