Corteva, Inc. stock research
FY2026 Q1
Corteva (CTVA) Gross Margin & Quarterly History
Explore Corteva, Inc. (CTVA) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and gross profit both increased, while cost of revenue rose only slightly, leading to an improved gross margin. Compared to the prior quarter and the same quarter last year, revenue, gross profit, and gross margin were all higher, with cost of revenue showing a smaller increase than revenue.
- The gross margin improvement is the strongest observable driver, as gross profit increased at a faster rate than revenue, while cost of revenue grew at a slower pace.
- Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was slightly higher, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, cost of revenue was also higher, and gross margin improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
51.6%
Gross profit
$2.5B
Revenue
$4.9B
Cost of revenue
$2.4B
Quarter-over-quarter change
+9.3 pts
Year-over-year change
+4.7 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 |
|---|---|---|---|---|
| Jun 30, 2025 | $6.5B | $3.5B | $2.9B | 54.6% |
| Sep 30, 2025 | $2.6B | $974.0M | $1.6B | 37.2% |
| Dec 31, 2025 | $3.9B | $1.7B | $2.3B | 42.4% |
| Mar 31, 2026 | $4.9B | $2.5B | $2.4B | 51.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+9.3 pts
Year-over-year change
Mar 31, 2025
+4.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin improvement is the strongest observable driver, as gross profit increased at a faster rate than revenue, while cost of revenue grew at a slower pace.
Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was slightly higher, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, cost of revenue was also higher, and gross margin improved.
Monitor the trajectory of cost of revenue, which increased only modestly despite meaningful revenue growth, to assess whether the margin improvement can be sustained.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Corteva, Inc. (CTVA) | 51.6% |