CenterPoint Energy, Inc. stock research
FY2025 Q4
CenterPoint Energy (CNP) Gross Margin — Quarter Ended Dec 31, 2025
Revenue and gross profit are equal in the current quarter, resulting in a gross margin that is at its highest possible level. The cost of revenue is absent, which directly supports the margin.
Gross margin takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue and gross profit are equal in the current quarter, resulting in a gross margin that is at its highest possible level. The cost of revenue is absent, which directly supports the margin.
- The strongest driver is the absence of cost of revenue, which allows gross margin to reach its maximum.
- Compared to the preceding quarter, gross margin improved slightly as cost of revenue was reduced to an absent level. Compared to the same quarter a year earlier, gross margin remained stable at the same level.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
100.0%
Gross profit
$2.4B
Revenue
$2.4B
Cost of revenue
$0
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.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2025 | $3.0B | $3.0B | $1.0M | 100.0% |
| Jun 30, 2025 | $2.0B | $2.0B | $2.0M | 99.9% |
| Sep 30, 2025 | $2.0B | $2.0B | $1.0M | 99.9% |
| Dec 31, 2025 | $2.4B | $2.4B | $0 | 100.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
+0.1 pts
Year-over-year change
Dec 31, 2024
+0.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest driver is the absence of cost of revenue, which allows gross margin to reach its maximum.
Compared to the preceding quarter, gross margin improved slightly as cost of revenue was reduced to an absent level. Compared to the same quarter a year earlier, gross margin remained stable at the same level.
Monitor whether any cost of revenue appears in future periods, as that would affect gross margin.