Bunge Global SA stock research
FY2026 Q1
Bunge Global SA (BG) Gross Margin & Quarterly History
Explore Bunge Global SA (BG) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and cost of revenue both increased compared to the prior quarter and the same quarter last year, while gross profit improved versus both periods. Gross margin strengthened significantly from the prior quarter but remained stable compared to the same quarter last year.
- The most observable margin driver is the relationship between revenue and cost of revenue; revenue grew at a faster pace than cost of revenue compared to the prior quarter, leading to margin expansion. Compared to the same quarter last year, both revenue and cost of revenue increased at a similar rate, resulting in a stable gross margin.
- Gross margin improved substantially from the prior quarter, reflecting a more favorable balance between revenue and cost of revenue. Compared to the same quarter one year earlier, gross margin was essentially unchanged, indicating consistent profitability relative to revenue.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
16.4%
Gross profit
$766.0M
Revenue
$4.7B
Cost of revenue
$21.1B
Quarter-over-quarter change
-7.9 pts
Year-over-year change
+0.1 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 |
|---|---|---|---|---|
| Mar 31, 2025 | $3.7B | $597.0M | $11.0B | 16.3% |
| Jun 30, 2025 | $4.0B | $738.0M | $12.0B | 18.4% |
| Sep 30, 2025 | $4.4B | $1.1B | $21.1B | 24.3% |
| Mar 31, 2026 | $4.7B | $766.0M | $21.1B | 16.4% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
-7.9 pts
Year-over-year change
Mar 31, 2025
+0.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The most observable margin driver is the relationship between revenue and cost of revenue; revenue grew at a faster pace than cost of revenue compared to the prior quarter, leading to margin expansion. Compared to the same quarter last year, both revenue and cost of revenue increased at a similar rate, resulting in a stable gross margin.
Gross margin improved substantially from the prior quarter, reflecting a more favorable balance between revenue and cost of revenue. Compared to the same quarter one year earlier, gross margin was essentially unchanged, indicating consistent profitability relative to revenue.
Monitor the trend in cost of revenue relative to revenue, as any shift in their growth rates could affect gross margin stability.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Bunge Global SA (BG) | 16.4% |