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CenterPoint Energy, Inc. stock research

Sep 30, 2025

FY2025 Q3

CenterPoint Energy (CNP) Gross Margin — Quarter Ended Sep 30, 2025

Revenue and gross profit were equal in the current quarter, with cost of revenue representing a negligible share, resulting in a gross margin that remained extremely high. The gross margin was unchanged from both the prior quarter and the same quarter one year earlier.

Gross margin takeaway

Quarter ended Sep 30, 2025 · FY2025 Q3

Revenue and gross profit were equal in the current quarter, with cost of revenue representing a negligible share, resulting in a gross margin that remained extremely high. The gross margin was unchanged from both the prior quarter and the same quarter one year earlier.

  • The gross margin was driven by cost of revenue being an extremely small portion of revenue, a pattern that persisted across all three periods shown.
  • Compared with the prior quarter, revenue was unchanged and gross profit was unchanged, while cost of revenue was lower; gross margin remained stable. Versus the same quarter one year earlier, revenue was higher and gross profit was higher, while cost of revenue was unchanged; gross margin again remained stable.

Gross margin snapshot

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

Gross margin

99.9%

Gross profit

$2.0B

Revenue

$2.0B

Cost of revenue

$1.0M

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.

PeriodRevenueGross profitCost of revenueGross margin
Dec 31, 2024$2.2B$2.2B$1.0M100.0%
Mar 31, 2025$3.0B$3.0B$1.0M100.0%
Jun 30, 2025$2.0B$2.0B$2.0M99.9%
Sep 30, 2025$2.0B$2.0B$1.0M99.9%

Quarterly comparisons

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

Previous-quarter change

Jun 30, 2025

+0.1 pts

Year-over-year change

Sep 30, 2024

+0.0 pts

What the margin says

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

The gross margin was driven by cost of revenue being an extremely small portion of revenue, a pattern that persisted across all three periods shown.

Compared with the prior quarter, revenue was unchanged and gross profit was unchanged, while cost of revenue was lower; gross margin remained stable. Versus the same quarter one year earlier, revenue was higher and gross profit was higher, while cost of revenue was unchanged; gross margin again remained stable.

Monitor cost of revenue for any material change, as its minimal level underpins the current gross margin structure.