EM

Emerson Electric Co. stock research

Dec 31, 2025

FY2026 Q1

Emerson Electric (EMR) Gross Margin — Quarter Ended Dec 31, 2025

Revenue sequentially declined but increased year-over-year, with gross profit moving in the same direction. Gross margin improved sequentially but weakened slightly year-over-year.

Gross margin takeaway

Quarter ended Dec 31, 2025 · FY2026 Q1

Revenue sequentially declined but increased year-over-year, with gross profit moving in the same direction. Gross margin improved sequentially but weakened slightly year-over-year.

  • The sequential gross margin improvement was driven by cost of revenue decreasing more than revenue.
  • Compared to the prior quarter, revenue and gross profit were lower while gross margin improved. Versus the same quarter last year, revenue and gross profit were higher but gross margin was slightly lower.

Gross margin snapshot

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

Gross margin

53.2%

Gross profit

$2.3B

Revenue

$4.3B

Cost of revenue

$2.0B

Quarter-over-quarter change

+0.6 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.

PeriodRevenueGross profitCost of revenueGross margin
Dec 31, 2024$4.2B$2.2B$1.9B53.5%
Mar 31, 2025$4.4B$2.4B$2.1B53.5%
Jun 30, 2025$4.6B$2.4B$2.2B52.6%
Dec 31, 2025$4.3B$2.3B$2.0B53.2%

Quarterly comparisons

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

Previous-quarter change

Jun 30, 2025

+0.6 pts

Year-over-year change

Dec 31, 2024

-0.4 pts

What the margin says

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

The sequential gross margin improvement was driven by cost of revenue decreasing more than revenue.

Compared to the prior quarter, revenue and gross profit were lower while gross margin improved. Versus the same quarter last year, revenue and gross profit were higher but gross margin was slightly lower.

Monitor underlying sales growth and foreign exchange impacts as noted in management's discussion.