GP

Genuine Parts Company stock research

Sep 30, 2025

FY2025 Q3

Genuine Parts (GPC) Gross Margin — Quarter Ended Sep 30, 2025

Revenue increased relative to both the preceding quarter and the same quarter a year earlier. Gross profit was stable compared with the preceding quarter but higher than the year-ago quarter, while cost of revenue rose; consequently, gross margin weakened slightly from the prior quarter but improved from the year-ago period.

Gross margin takeaway

Quarter ended Sep 30, 2025 · FY2025 Q3

Revenue increased relative to both the preceding quarter and the same quarter a year earlier. Gross profit was stable compared with the preceding quarter but higher than the year-ago quarter, while cost of revenue rose; consequently, gross margin weakened slightly from the prior quarter but improved from the year-ago period.

  • The year-over-year gross margin improvement was accompanied by revenue growth that outpaced the increase in cost of revenue, while the sequential decline reflected a larger relative increase in cost of revenue compared with revenue.
  • Sequentially, gross margin weakened as cost of revenue rose at a faster rate than revenue. Year-over-year, gross margin strengthened as revenue growth exceeded cost of revenue growth.

Gross margin snapshot

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

Gross margin

37.4%

Gross profit

$2.3B

Revenue

$6.3B

Cost of revenue

$3.9B

Quarter-over-quarter change

-0.3 pts

Year-over-year change

+0.6 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$5.8B$2.1B$3.7B35.9%
Mar 31, 2025$5.9B$2.2B$3.7B37.1%
Jun 30, 2025$6.2B$2.3B$3.8B37.7%
Sep 30, 2025$6.3B$2.3B$3.9B37.4%

Quarterly comparisons

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

Previous-quarter change

Jun 30, 2025

-0.3 pts

Year-over-year change

Sep 30, 2024

+0.6 pts

What the margin says

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

The year-over-year gross margin improvement was accompanied by revenue growth that outpaced the increase in cost of revenue, while the sequential decline reflected a larger relative increase in cost of revenue compared with revenue.

Sequentially, gross margin weakened as cost of revenue rose at a faster rate than revenue. Year-over-year, gross margin strengthened as revenue growth exceeded cost of revenue growth.

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GPC Gross Margin — Quarter Ended Sep 30, 2025