LN

Alliant Energy Corporation stock research

Sep 30, 2025

FY2025 Q3

Alliant Energy (LNT) Gross Margin — Quarter Ended Sep 30, 2025

Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. Gross margin improved as the growth in gross profit exceeded the change in cost of revenue.

Gross margin takeaway

Quarter ended Sep 30, 2025 · FY2025 Q3

Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. Gross margin improved as the growth in gross profit exceeded the change in cost of revenue.

  • The strongest observable driver was the relationship between revenue and cost of revenue: revenue increased while cost of revenue rose only modestly, leading to a higher gross margin.
  • Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.

Gross margin snapshot

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

Gross margin

86.3%

Gross profit

$1.0B

Revenue

$1.2B

Cost of revenue

$166.0M

Quarter-over-quarter change

+2.0 pts

Year-over-year change

+1.5 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$976.0M$827.0M$149.0M84.7%
Mar 31, 2025$1.1B$970.0M$158.0M86.0%
Jun 30, 2025$961.0M$810.0M$151.0M84.3%
Sep 30, 2025$1.2B$1.0B$166.0M86.3%

Quarterly comparisons

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

Previous-quarter change

Jun 30, 2025

+2.0 pts

Year-over-year change

Sep 30, 2024

+1.5 pts

What the margin says

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

The strongest observable driver was the relationship between revenue and cost of revenue: revenue increased while cost of revenue rose only modestly, leading to a higher gross margin.

Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.

Monitor regulatory approvals for planned generation and energy storage projects as discussed in the filing.