GI

Gilead Sciences, Inc. stock research

Jun 30, 2025

FY2025 Q2

Gilead Sciences (GILD) Gross Margin — Quarter Ended Jun 30, 2025

Revenue increased while cost of revenue remained unchanged, resulting in higher gross profit and an improved gross margin. Compared to both the prior quarter and the same quarter last year, gross margin strengthened.

Gross margin takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue increased while cost of revenue remained unchanged, resulting in higher gross profit and an improved gross margin. Compared to both the prior quarter and the same quarter last year, gross margin strengthened.

  • Revenue growth outpaced cost of revenue, which was unchanged, leading to a higher gross margin.
  • Gross margin was higher than both the immediately preceding quarter and the year-ago period, driven by higher revenue and stable cost of revenue.

Gross margin snapshot

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

Gross margin

78.8%

Gross profit

$5.6B

Revenue

$7.1B

Cost of revenue

$1.5B

Quarter-over-quarter change

+1.9 pts

Year-over-year change

+1.0 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Sep 30, 2024$7.5B$6.0B$1.6B79.1%
Dec 31, 2024$7.6B$6.0B$1.6B79.1%
Mar 31, 2025$6.7B$5.1B$1.5B76.9%
Jun 30, 2025$7.1B$5.6B$1.5B78.8%

Quarterly comparisons

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

Previous-quarter change

Mar 31, 2025

+1.9 pts

Year-over-year change

Jun 30, 2024

+1.0 pts

What the margin says

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

Revenue growth outpaced cost of revenue, which was unchanged, leading to a higher gross margin.

Gross margin was higher than both the immediately preceding quarter and the year-ago period, driven by higher revenue and stable cost of revenue.

Monitor whether cost of revenue remains stable as revenue continues to grow.