AB

Abbott Laboratories stock research

Jun 30, 2025

FY2025 Q2

Abbott Laboratories (ABT) Gross Margin — Quarter Ended Jun 30, 2025

Revenue and gross profit both rose compared to the prior quarter and the same quarter last year. Gross margin weakened slightly from the preceding quarter but improved relative to the year-ago period, as cost of revenue increased at a faster pace than revenue sequentially.

Gross margin takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue and gross profit both rose compared to the prior quarter and the same quarter last year. Gross margin weakened slightly from the preceding quarter but improved relative to the year-ago period, as cost of revenue increased at a faster pace than revenue sequentially.

  • Gross margin shows a mixed trend: sequentially lower due to a proportionally higher increase in cost of revenue, but year-over-year higher as revenue growth outpaced cost growth over that span.
  • Compared to the immediately preceding quarter, gross margin weakened; compared to the same quarter one year earlier, gross margin improved.

Gross margin snapshot

The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.

Gross margin

56.4%

Gross profit

$6.3B

Revenue

$11.1B

Cost of revenue

$4.9B

Quarter-over-quarter change

-0.4 pts

Year-over-year change

+0.8 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Sep 30, 2024$10.6B$5.9B$4.7B55.8%
Dec 31, 2024$11.0B$6.0B$4.9B55.0%
Mar 31, 2025$10.4B$5.9B$4.5B56.9%
Jun 30, 2025$11.1B$6.3B$4.9B56.4%

Quarterly comparisons

Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.

Previous-quarter change

Mar 31, 2025

-0.4 pts

Year-over-year change

Jun 30, 2024

+0.8 pts

What the margin says

Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.

Gross margin shows a mixed trend: sequentially lower due to a proportionally higher increase in cost of revenue, but year-over-year higher as revenue growth outpaced cost growth over that span.

Compared to the immediately preceding quarter, gross margin weakened; compared to the same quarter one year earlier, gross margin improved.

Monitor the trajectory of cost of revenue relative to revenue in upcoming quarters.