Cintas Corporation stock research
FY2026 Q2
Cintas (CTAS) Gross Margin — Quarter Ended Nov 30, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin improved slightly from the prior quarter and more notably from a year ago, reflecting a stronger relationship between revenue growth and gross profit expansion relative to cost growth.
Gross margin takeaway
Quarter ended Nov 30, 2025 · FY2026 Q2
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin improved slightly from the prior quarter and more notably from a year ago, reflecting a stronger relationship between revenue growth and gross profit expansion relative to cost growth.
- The strongest observable margin driver is the sustained improvement in gross margin relative to the year-ago quarter, as gross profit grew faster than cost of revenue over that period.
- Compared to the immediately preceding quarter, gross margin was slightly higher. Compared to the same quarter one year earlier, gross margin was higher, with revenue and gross profit both higher while cost of revenue was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
50.4%
Gross profit
$1.4B
Revenue
$2.8B
Cost of revenue
$1.4B
Quarter-over-quarter change
+0.2 pts
Year-over-year change
+0.6 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 |
|---|---|---|---|---|
| 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% |
| Nov 30, 2025 | $2.8B | $1.4B | $1.4B | 50.4% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Aug 31, 2025
+0.2 pts
Year-over-year change
Nov 30, 2024
+0.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the sustained improvement in gross margin relative to the year-ago quarter, as gross profit grew faster than cost of revenue over that period.
Compared to the immediately preceding quarter, gross margin was slightly higher. Compared to the same quarter one year earlier, gross margin was higher, with revenue and gross profit both higher while cost of revenue was also higher.
Monitor whether the trend of gross profit growing faster than cost of revenue continues in future quarters.