GE HealthCare Technologies Inc. stock research
FY2024 Q4
GE HealthCare Technologies (GEHC) Gross Margin — Quarter Ended Dec 31, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit rose more than cost of revenue, leading to an improved gross margin.
Gross margin takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit rose more than cost of revenue, leading to an improved gross margin.
- The strongest observable margin driver was the improvement in the gross margin rate, which was higher sequentially and year-over-year.
- Sequentially, revenue and gross profit both increased, and gross margin rose. Compared to the same quarter one year earlier, revenue was slightly higher while cost of revenue was lower, resulting in a higher gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
42.8%
Gross profit
$2.3B
Revenue
$5.3B
Cost of revenue
$3.0B
Quarter-over-quarter change
+1.1 pts
Year-over-year change
+1.4 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 |
|---|---|---|---|---|
| Mar 31, 2024 | $4.7B | $1.9B | $2.7B | 40.9% |
| Jun 30, 2024 | $4.8B | $2.0B | $2.8B | 41.4% |
| Sep 30, 2024 | $4.9B | $2.0B | $2.8B | 41.7% |
| Dec 31, 2024 | $5.3B | $2.3B | $3.0B | 42.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2024
+1.1 pts
Year-over-year change
Dec 31, 2023
+1.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver was the improvement in the gross margin rate, which was higher sequentially and year-over-year.
Sequentially, revenue and gross profit both increased, and gross margin rose. Compared to the same quarter one year earlier, revenue was slightly higher while cost of revenue was lower, resulting in a higher gross margin.
Monitor the trend of cost of revenue relative to revenue in upcoming quarters.