Charles River Laboratories International, Inc. stock research
FY2023 Q1
Charles River Laboratories International (CRL) Gross Margin — Quarter Ended Apr 1, 2023
In the current quarter, revenue exceeded cost of revenue, yielding a positive gross profit and a gross margin of 36.7%. The gross margin reflects the portion of revenue retained after covering the cost of revenue.
Gross margin takeaway
Quarter ended Apr 1, 2023 · FY2023 Q1
In the current quarter, revenue exceeded cost of revenue, yielding a positive gross profit and a gross margin of 36.7%. The gross margin reflects the portion of revenue retained after covering the cost of revenue.
- The primary observable driver of gross margin is the relationship between cost of revenue and revenue, as gross margin is directly derived from that ratio.
- Revenue was lower than the immediately preceding quarter but higher than the same quarter one year earlier. Gross margin data for those periods is not available, so a direct margin comparison cannot be made.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
36.7%
Gross profit
$377.7M
Revenue
$1.0B
Cost of revenue
$651.7M
Quarter-over-quarter change
n/a
Year-over-year change
n/a
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 |
|---|---|---|---|---|
| Apr 1, 2023 | $1.0B | $377.7M | $651.7M | 36.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Previous quarter unavailable
n/a
Year-over-year change
Mar 26, 2022
n/a
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary observable driver of gross margin is the relationship between cost of revenue and revenue, as gross margin is directly derived from that ratio.
Revenue was lower than the immediately preceding quarter but higher than the same quarter one year earlier. Gross margin data for those periods is not available, so a direct margin comparison cannot be made.
Monitor the trend in cost of revenue relative to revenue, as it directly influences gross margin.