DuPont de Nemours, Inc. stock research
FY2025 Q2
DuPont de Nemours (DD) Gross Margin — Quarter Ended Jun 30, 2025
Revenue and gross profit both rose compared to the prior quarter and the same quarter last year, while cost of revenue increased in line with revenue. Gross margin improved versus the preceding quarter and also improved year over year.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue and gross profit both rose compared to the prior quarter and the same quarter last year, while cost of revenue increased in line with revenue. Gross margin improved versus the preceding quarter and also improved year over year.
- The strongest observable driver was the increase in gross profit relative to revenue, as gross margin improved sequentially and year over year. This indicates that cost of revenue grew at a slower pace than revenue.
- Compared to the prior quarter, revenue was higher, gross profit was higher, and cost of revenue was higher, resulting in an improved gross margin. Compared to the same quarter one year ago, all metrics were higher and gross margin was improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
38.6%
Gross profit
$1.8B
Revenue
$4.7B
Cost of revenue
$2.9B
Quarter-over-quarter change
+4.9 pts
Year-over-year change
+1.1 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, 2024 | $4.5B | $1.7B | $2.8B | 37.5% |
| Sep 30, 2024 | $2.2B | $968.0M | $1.2B | 44.8% |
| Mar 31, 2025 | $1.6B | $543.0M | $1.1B | 33.7% |
| Jun 30, 2025 | $4.7B | $1.8B | $2.9B | 38.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+4.9 pts
Year-over-year change
Jun 30, 2024
+1.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver was the increase in gross profit relative to revenue, as gross margin improved sequentially and year over year. This indicates that cost of revenue grew at a slower pace than revenue.
Compared to the prior quarter, revenue was higher, gross profit was higher, and cost of revenue was higher, resulting in an improved gross margin. Compared to the same quarter one year ago, all metrics were higher and gross margin was improved.
Monitor whether gross margin can sustain its year-over-year improvement given the upcoming planned separation of the Electronics business referenced in the filing context.