Cintas Corporation stock research
FY2026 Q1
Cintas (CTAS) Gross Margin — Quarter Ended Aug 31, 2025
Revenue was unchanged from the prior quarter, while gross profit and cost of revenue both increased, resulting in a higher gross margin. Compared with the same quarter one year earlier, revenue improved, gross profit increased, and cost of revenue was higher, leading to a slightly higher gross margin.
Gross margin takeaway
Quarter ended Aug 31, 2025 · FY2026 Q1
Revenue was unchanged from the prior quarter, while gross profit and cost of revenue both increased, resulting in a higher gross margin. Compared with the same quarter one year earlier, revenue improved, gross profit increased, and cost of revenue was higher, leading to a slightly higher gross margin.
- The strongest observable margin driver was the improvement in gross profit relative to cost of revenue, as gross profit increased while cost of revenue remained stable sequentially and rose less proportionally year over year.
- Sequentially, gross margin improved from the prior quarter. Compared with the same quarter one year ago, gross margin was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
50.3%
Gross profit
$1.4B
Revenue
$2.7B
Cost of revenue
$1.4B
Quarter-over-quarter change
+0.6 pts
Year-over-year change
+0.2 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 |
|---|---|---|---|---|
| Nov 30, 2024 | $2.6B | $1.3B | $1.3B | 49.8% |
| Feb 28, 2025 | $2.6B | $1.3B | $1.3B | 50.6% |
| May 31, 2025 | $2.7B | $1.3B | $1.3B | 49.7% |
| Aug 31, 2025 | $2.7B | $1.4B | $1.4B | 50.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
May 31, 2025
+0.6 pts
Year-over-year change
Aug 31, 2024
+0.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver was the improvement in gross profit relative to cost of revenue, as gross profit increased while cost of revenue remained stable sequentially and rose less proportionally year over year.
Sequentially, gross margin improved from the prior quarter. Compared with the same quarter one year ago, gross margin was also higher.
Monitor the consistency of gross profit growth relative to revenue trends in upcoming quarters.