CRH plc stock research
FY2025 Q3
CRH (CRH) Gross Margin — Quarter Ended Sep 30, 2025
Revenue and gross profit both increased compared with the prior quarter and the same quarter a year ago, while cost of revenue also rose in both comparisons. Gross margin weakened slightly from the prior quarter but improved relative to the year-ago period, reflecting a mixed trend.
Gross margin takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue and gross profit both increased compared with the prior quarter and the same quarter a year ago, while cost of revenue also rose in both comparisons. Gross margin weakened slightly from the prior quarter but improved relative to the year-ago period, reflecting a mixed trend.
- Gross profit grew at a pace that outpaced the increase in cost of revenue when compared with the year-ago quarter, contributing to the gross margin improvement.
- Versus the prior quarter, revenue increased and cost of revenue increased, but gross margin was slightly lower. Compared with the same quarter one year earlier, both revenue and gross profit were higher, and gross margin was higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
38.9%
Gross profit
$4.3B
Revenue
$11.1B
Cost of revenue
$6.8B
Quarter-over-quarter change
-0.5 pts
Year-over-year change
+0.3 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 |
|---|---|---|---|---|
| Dec 31, 2024 | $8.9B | $3.2B | $5.7B | 35.6% |
| Mar 31, 2025 | $6.8B | $1.8B | $4.9B | 27.2% |
| Jun 30, 2025 | $10.2B | $4.0B | $6.2B | 39.4% |
| Sep 30, 2025 | $11.1B | $4.3B | $6.8B | 38.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 30, 2025
-0.5 pts
Year-over-year change
Sep 30, 2024
+0.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit grew at a pace that outpaced the increase in cost of revenue when compared with the year-ago quarter, contributing to the gross margin improvement.
Versus the prior quarter, revenue increased and cost of revenue increased, but gross margin was slightly lower. Compared with the same quarter one year earlier, both revenue and gross profit were higher, and gross margin was higher.
Monitor the trend in the difference between revenue growth and cost of revenue growth, as gross margin direction depends on their relative rates of change.