DD

DuPont de Nemours, Inc. stock research

Mar 31, 2025

FY2025 Q1

DuPont de Nemours (DD) Gross Margin — Quarter Ended Mar 31, 2025

Revenue was stable compared to the same quarter one year earlier, while gross profit increased, resulting in a higher gross margin. Sequentially, revenue was lower but gross profit declined less, leading to an improved gross margin.

Gross margin takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue was stable compared to the same quarter one year earlier, while gross profit increased, resulting in a higher gross margin. Sequentially, revenue was lower but gross profit declined less, leading to an improved gross margin.

  • The increase in gross profit relative to the prior-year quarter, with revenue unchanged, was the strongest observable driver of margin improvement.
  • Gross margin was higher than both the immediately preceding quarter and the same quarter one year earlier. Revenue was lower than the prior quarter but similar to the year-ago period, while gross profit was slightly lower than the prior quarter and higher than the year-ago quarter.

Gross margin snapshot

The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.

Gross margin

33.7%

Gross profit

$543.0M

Revenue

$1.6B

Cost of revenue

$1.1B

Quarter-over-quarter change

-11.1 pts

Year-over-year change

+2.4 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Mar 31, 2024$1.6B$501.0M$1.1B31.3%
Jun 30, 2024$4.5B$1.7B$2.8B37.5%
Sep 30, 2024$2.2B$968.0M$1.2B44.8%
Mar 31, 2025$1.6B$543.0M$1.1B33.7%

Quarterly comparisons

Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.

Previous-quarter change

Sep 30, 2024

-11.1 pts

Year-over-year change

Mar 31, 2024

+2.4 pts

What the margin says

Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.

The increase in gross profit relative to the prior-year quarter, with revenue unchanged, was the strongest observable driver of margin improvement.

Gross margin was higher than both the immediately preceding quarter and the same quarter one year earlier. Revenue was lower than the prior quarter but similar to the year-ago period, while gross profit was slightly lower than the prior quarter and higher than the year-ago quarter.

Monitor developments related to the intended separation of the Electronics business, as described in the filing.