Church & Dwight Co., Inc. stock research
FY2025 Q4
Church & Dwight (CHD) Gross Margin — Quarter Ended Dec 31, 2025
Revenue remained stable in the current quarter. Gross profit increased relative to cost of revenue, resulting in a higher gross margin.
Gross margin takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue remained stable in the current quarter. Gross profit increased relative to cost of revenue, resulting in a higher gross margin.
- The improvement in gross margin was driven by the relationship between gross profit and cost of revenue: gross profit increased while cost of revenue also increased, but the increase in gross profit was larger relative to the increase in cost of revenue.
- Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
45.8%
Gross profit
$753.8M
Revenue
$1.6B
Cost of revenue
$890.4M
Quarter-over-quarter change
+0.8 pts
Year-over-year change
+1.1 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 | $1.5B | $659.6M | $807.5M | 45.0% |
| Jun 30, 2025 | $1.5B | $647.0M | $859.3M | 43.0% |
| Sep 30, 2025 | $1.6B | $714.4M | $871.2M | 45.1% |
| Dec 31, 2025 | $1.6B | $753.8M | $890.4M | 45.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
+0.8 pts
Year-over-year change
Dec 31, 2024
+1.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The improvement in gross margin was driven by the relationship between gross profit and cost of revenue: gross profit increased while cost of revenue also increased, but the increase in gross profit was larger relative to the increase in cost of revenue.
Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Monitor the company's liquidity position, including the new credit agreement and commercial paper program, as it may affect operational flexibility.