Aptiv PLC stock research
FY2025 Q2
Aptiv (APTV) Gross Margin — Quarter Ended Jun 30, 2025
Revenue and gross profit both rose compared to the prior quarter and the same quarter last year, while cost of revenue increased in line with revenue. Gross margin was stable versus the prior quarter and slightly lower than the year-ago period.
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, while cost of revenue increased in line with revenue. Gross margin was stable versus the prior quarter and slightly lower than the year-ago period.
- The relationship among revenue, gross profit, and cost of revenue shows a proportional increase, with gross margin remaining essentially unchanged. The strongest observable driver is the parallel movement of revenue and cost of revenue, which kept gross margin nearly stable.
- Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was higher, and gross margin was stable. Compared to the same quarter one year earlier, revenue and gross profit were higher, cost of revenue was higher, and gross margin was slightly lower.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
19.1%
Gross profit
$997.0M
Revenue
$5.2B
Cost of revenue
$4.2B
Quarter-over-quarter change
+0.1 pts
Year-over-year change
-0.0 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 |
|---|---|---|---|---|
| Jun 30, 2024 | $5.1B | $968.0M | $4.1B | 19.2% |
| Sep 30, 2024 | $4.9B | $903.0M | $4.0B | 18.6% |
| Mar 31, 2025 | $4.8B | $920.0M | $3.9B | 19.1% |
| Jun 30, 2025 | $5.2B | $997.0M | $4.2B | 19.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+0.1 pts
Year-over-year change
Jun 30, 2024
-0.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The relationship among revenue, gross profit, and cost of revenue shows a proportional increase, with gross margin remaining essentially unchanged. The strongest observable driver is the parallel movement of revenue and cost of revenue, which kept gross margin nearly stable.
Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was higher, and gross margin was stable. Compared to the same quarter one year earlier, revenue and gross profit were higher, cost of revenue was higher, and gross margin was slightly lower.
Monitor the trend in cost of revenue relative to revenue, as any divergence could materially affect gross margin stability.