Cintas Corporation stock research
FY2026 Q3
Cintas (CTAS) Gross Margin — Quarter Ended Feb 28, 2026
Revenue was unchanged from the prior quarter but higher than the same quarter last year. Gross profit and cost of revenue both held steady sequentially, while gross margin improved slightly compared to both the prior quarter and the year-ago period.
Gross margin takeaway
Quarter ended Feb 28, 2026 · FY2026 Q3
Revenue was unchanged from the prior quarter but higher than the same quarter last year. Gross profit and cost of revenue both held steady sequentially, while gross margin improved slightly compared to both the prior quarter and the year-ago period.
- Gross margin strengthened modestly versus both comparison periods, driven by a favorable relationship between revenue and cost of revenue. The margin improvement occurred even as revenue remained flat sequentially, indicating that cost of revenue was controlled relative to revenue.
- Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
51.0%
Gross profit
$1.4B
Revenue
$2.8B
Cost of revenue
$1.4B
Quarter-over-quarter change
+0.5 pts
Year-over-year change
+0.4 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 |
|---|---|---|---|---|
| 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% |
| Feb 28, 2026 | $2.8B | $1.4B | $1.4B | 51.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Nov 30, 2025
+0.5 pts
Year-over-year change
Feb 28, 2025
+0.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin strengthened modestly versus both comparison periods, driven by a favorable relationship between revenue and cost of revenue. The margin improvement occurred even as revenue remained flat sequentially, indicating that cost of revenue was controlled relative to revenue.
Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Monitor whether cost of revenue can remain stable relative to revenue in future quarters, as any shift could alter the current margin trajectory.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Cintas Corporation (CTAS) | 51.0% |