Agilent Technologies, Inc. stock research
FY2026 Q2
Agilent Technologies (A) Gross Margin — Quarter Ended Apr 30, 2026
Revenue was stable sequentially while gross profit increased, driven by a lower cost of revenue, resulting in an improved gross margin. Compared to the same quarter one year earlier, revenue grew and gross profit grew at a faster pace, further expanding the gross margin.
Gross margin takeaway
Quarter ended Apr 30, 2026 · FY2026 Q2
Revenue was stable sequentially while gross profit increased, driven by a lower cost of revenue, resulting in an improved gross margin. Compared to the same quarter one year earlier, revenue grew and gross profit grew at a faster pace, further expanding the gross margin.
- The strongest observable margin driver was the reduction in cost of revenue relative to revenue, which directly boosted gross profit and margin.
- Gross margin improved both sequentially and year-over-year, reflecting higher gross profit relative to revenue in both periods.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
54.0%
Gross profit
$990.0M
Revenue
$1.8B
Cost of revenue
$845.0M
Quarter-over-quarter change
+1.3 pts
Year-over-year change
+2.0 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, 2025 | $1.7B | $888.0M | $850.0M | 51.1% |
| Oct 31, 2025 | $1.9B | $990.0M | $871.0M | 53.2% |
| Jan 31, 2026 | $1.8B | $946.0M | $852.0M | 52.6% |
| Apr 30, 2026 | $1.8B | $990.0M | $845.0M | 54.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2026
+1.3 pts
Year-over-year change
Apr 30, 2025
+2.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver was the reduction in cost of revenue relative to revenue, which directly boosted gross profit and margin.
Gross margin improved both sequentially and year-over-year, reflecting higher gross profit relative to revenue in both periods.
Monitor the trajectory of cost of revenue relative to revenue, as this was the primary factor in the margin improvement.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Agilent Technologies, Inc. (A) | 54.0% |