Gilead Sciences, Inc. stock research
FY2024 Q4
Gilead Sciences (GILD) Gross Margin — Quarter Ended Dec 31, 2024
Revenue, gross profit, and gross margin were all higher compared to the same quarter last year, while cost of revenue was lower. Relative to the prior quarter, all metrics remained broadly stable.
Gross margin takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue, gross profit, and gross margin were all higher compared to the same quarter last year, while cost of revenue was lower. Relative to the prior quarter, all metrics remained broadly stable.
- The year-over-year decline in cost of revenue, alongside higher revenue, drove the expansion in gross margin.
- Compared with the immediately preceding quarter, revenue and gross profit were slightly higher but gross margin was unchanged. Year over year, revenue, gross profit, and gross margin improved while cost of revenue weakened.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
79.1%
Gross profit
$6.0B
Revenue
$7.6B
Cost of revenue
$1.6B
Quarter-over-quarter change
-0.0 pts
Year-over-year change
+8.5 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 | $6.7B | $5.1B | $1.6B | 76.8% |
| Jun 30, 2024 | $7.0B | $5.4B | $1.5B | 77.8% |
| Sep 30, 2024 | $7.5B | $6.0B | $1.6B | 79.1% |
| Dec 31, 2024 | $7.6B | $6.0B | $1.6B | 79.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2024
-0.0 pts
Year-over-year change
Dec 31, 2023
+8.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The year-over-year decline in cost of revenue, alongside higher revenue, drove the expansion in gross margin.
Compared with the immediately preceding quarter, revenue and gross profit were slightly higher but gross margin was unchanged. Year over year, revenue, gross profit, and gross margin improved while cost of revenue weakened.
Monitor the trajectory of cost of revenue, as its year-over-year decline was a key factor in margin improvement.