Gilead Sciences, Inc. stock research
FY2025 Q3
Gilead Sciences (GILD) Gross Margin — Quarter Ended Sep 30, 2025
Revenue and gross profit both increased compared with the prior quarter and the same quarter last year, while cost of revenue was higher than the prior quarter but stable year over year. Gross margin improved relative to both periods.
Gross margin takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue and gross profit both increased compared with the prior quarter and the same quarter last year, while cost of revenue was higher than the prior quarter but stable year over year. Gross margin improved relative to both periods.
- Gross profit grew more than cost of revenue, driving the margin higher.
- Compared to the prior quarter, gross margin strengthened, and it was also higher than the same quarter last year.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
79.8%
Gross profit
$6.2B
Revenue
$7.8B
Cost of revenue
$1.6B
Quarter-over-quarter change
+1.0 pts
Year-over-year change
+0.7 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 |
|---|---|---|---|---|
| Dec 31, 2024 | $7.6B | $6.0B | $1.6B | 79.1% |
| Mar 31, 2025 | $6.7B | $5.1B | $1.5B | 76.9% |
| Jun 30, 2025 | $7.1B | $5.6B | $1.5B | 78.8% |
| Sep 30, 2025 | $7.8B | $6.2B | $1.6B | 79.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 30, 2025
+1.0 pts
Year-over-year change
Sep 30, 2024
+0.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit grew more than cost of revenue, driving the margin higher.
Compared to the prior quarter, gross margin strengthened, and it was also higher than the same quarter last year.
Monitor the trend in cost of revenue, as it increased sequentially despite revenue growth.