Domino's Pizza, Inc. stock research
FY2025 Q2
Domino's Pizza (DPZ) Gross Margin — Quarter Ended Jun 15, 2025
Revenue was stable relative to both the prior quarter and the same quarter a year earlier. Gross profit and cost of revenue both increased, but gross profit rose enough to lift the gross margin higher than the prior quarter and the year-ago quarter.
Gross margin takeaway
Quarter ended Jun 15, 2025 · FY2025 Q2
Revenue was stable relative to both the prior quarter and the same quarter a year earlier. Gross profit and cost of revenue both increased, but gross profit rose enough to lift the gross margin higher than the prior quarter and the year-ago quarter.
- The primary observable driver of the margin improvement was the increase in gross profit while revenue remained unchanged, resulting in a higher gross margin.
- Compared to the immediately preceding quarter, gross margin improved. Compared to the same quarter one year earlier, gross margin also improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
40.3%
Gross profit
$461.0M
Revenue
$1.1B
Cost of revenue
$684.2M
Quarter-over-quarter change
+0.4 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 |
|---|---|---|---|---|
| Jun 16, 2024 | $1.1B | $437.0M | $660.7M | 39.8% |
| Sep 8, 2024 | $1.1B | $423.7M | $656.4M | 39.2% |
| Mar 23, 2025 | $1.1B | $443.1M | $668.9M | 39.8% |
| Jun 15, 2025 | $1.1B | $461.0M | $684.2M | 40.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 23, 2025
+0.4 pts
Year-over-year change
Jun 16, 2024
+0.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary observable driver of the margin improvement was the increase in gross profit while revenue remained unchanged, resulting in a higher gross margin.
Compared to the immediately preceding quarter, gross margin improved. Compared to the same quarter one year earlier, gross margin also improved.
Monitor the trajectory of cost of revenue, as it increased in both sequential and year-over-year comparisons.