The Clorox Company stock research
FY2026 Q3
The Clorox (CLX) Gross Margin — Quarter Ended Mar 31, 2026
Revenue was unchanged from the prior quarter, while gross profit and cost of revenue were nearly flat, resulting in a stable gross margin. Compared with the same quarter a year earlier, revenue was similar but gross profit was lower and cost of revenue was higher, leading to a weakened gross margin.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q3
Revenue was unchanged from the prior quarter, while gross profit and cost of revenue were nearly flat, resulting in a stable gross margin. Compared with the same quarter a year earlier, revenue was similar but gross profit was lower and cost of revenue was higher, leading to a weakened gross margin.
- The gross margin was unchanged sequentially, as the small decrease in cost of revenue offset the flat revenue and gross profit. The year-over-year decline in gross margin was driven by a higher cost of revenue relative to revenue.
- Compared with the immediately preceding quarter, revenue, gross profit, and gross margin were all stable, with cost of revenue slightly lower. Versus the same quarter one year earlier, revenue was similar, but gross profit was lower and cost of revenue was higher, resulting in a weakened gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
43.2%
Gross profit
$722.0M
Revenue
$1.7B
Cost of revenue
$948.0M
Quarter-over-quarter change
+0.1 pts
Year-over-year change
-1.4 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, 2025 | $2.0B | $924.0M | $1.1B | 46.5% |
| Sep 30, 2025 | $1.4B | $596.0M | $833.0M | 41.7% |
| Dec 31, 2025 | $1.7B | $722.0M | $951.0M | 43.2% |
| Mar 31, 2026 | $1.7B | $722.0M | $948.0M | 43.2% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+0.1 pts
Year-over-year change
Mar 31, 2025
-1.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin was unchanged sequentially, as the small decrease in cost of revenue offset the flat revenue and gross profit. The year-over-year decline in gross margin was driven by a higher cost of revenue relative to revenue.
Compared with the immediately preceding quarter, revenue, gross profit, and gross margin were all stable, with cost of revenue slightly lower. Versus the same quarter one year earlier, revenue was similar, but gross profit was lower and cost of revenue was higher, resulting in a weakened gross margin.
Monitor the trajectory of cost of revenue relative to revenue, as its year-over-year increase outpaced revenue growth and compressed gross margin.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| The Clorox Company (CLX) | 43.2% |