CL

Colgate-Palmolive Company stock research

Jun 30, 2025

FY2025 Q2

Colgate-Palmolive (CL) Gross Margin — Quarter Ended Jun 30, 2025

Revenue and gross profit were stable compared to the same quarter last year, while cost of revenue was also unchanged. Gross margin weakened slightly from the prior quarter and was lower than the year-ago level.

Gross margin takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue and gross profit were stable compared to the same quarter last year, while cost of revenue was also unchanged. Gross margin weakened slightly from the prior quarter and was lower than the year-ago level.

  • The relationship between revenue and cost of revenue remained consistent year over year, with gross profit unchanged. The sequential decline in gross margin was driven by a proportionally higher cost of revenue relative to revenue in the current quarter.
  • Compared to the prior quarter, revenue increased while cost of revenue rose at a faster pace, causing gross margin to weaken. Versus the same quarter last year, revenue and gross profit were flat, but gross margin was slightly lower.

Gross margin snapshot

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

Gross margin

60.1%

Gross profit

$3.1B

Revenue

$5.1B

Cost of revenue

$2.0B

Quarter-over-quarter change

-0.8 pts

Year-over-year change

-0.6 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$5.0B$3.1B$2.0B61.1%
Dec 31, 2024$4.9B$3.0B$2.0B60.3%
Mar 31, 2025$4.9B$3.0B$1.9B60.8%
Jun 30, 2025$5.1B$3.1B$2.0B60.1%

Quarterly comparisons

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

Previous-quarter change

Mar 31, 2025

-0.8 pts

Year-over-year change

Jun 30, 2024

-0.6 pts

What the margin says

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

The relationship between revenue and cost of revenue remained consistent year over year, with gross profit unchanged. The sequential decline in gross margin was driven by a proportionally higher cost of revenue relative to revenue in the current quarter.

Compared to the prior quarter, revenue increased while cost of revenue rose at a faster pace, causing gross margin to weaken. Versus the same quarter last year, revenue and gross profit were flat, but gross margin was slightly lower.

Monitor the trajectory of cost of revenue relative to revenue, as its faster sequential growth pressured gross margin.