LyondellBasell Industries N.V. stock research
FY2025 Q2
LyondellBasell Industries N.V. (LYB) Gross Margin — Quarter Ended Jun 30, 2025
Revenue was unchanged from the prior quarter but lower than the same quarter last year. Gross profit improved compared to the prior quarter, while cost of revenue declined, leading to a higher gross margin; however, gross profit and gross margin weakened substantially versus the year-ago period.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue was unchanged from the prior quarter but lower than the same quarter last year. Gross profit improved compared to the prior quarter, while cost of revenue declined, leading to a higher gross margin; however, gross profit and gross margin weakened substantially versus the year-ago period.
- The gross margin strengthened relative to the immediately preceding quarter, driven by a reduction in cost of revenue despite stable revenue. The year-over-year comparison shows a weaker margin, as revenue declined while cost of revenue decreased less proportionally.
- Compared to the prior quarter, revenue was stable, gross profit was higher, cost of revenue was lower, and gross margin improved. Versus the same quarter a year ago, revenue was lower, gross profit and gross margin were markedly lower, and cost of revenue was slightly lower.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
10.3%
Gross profit
$787.0M
Revenue
$7.7B
Cost of revenue
$6.9B
Quarter-over-quarter change
+3.1 pts
Year-over-year change
-6.2 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 |
|---|---|---|---|---|
| Sep 30, 2024 | $8.6B | $1.3B | $7.3B | 15.1% |
| Dec 31, 2024 | $7.8B | $805.0M | $7.0B | 10.3% |
| Mar 31, 2025 | $7.7B | $549.0M | $7.1B | 7.2% |
| Jun 30, 2025 | $7.7B | $787.0M | $6.9B | 10.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+3.1 pts
Year-over-year change
Jun 30, 2024
-6.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin strengthened relative to the immediately preceding quarter, driven by a reduction in cost of revenue despite stable revenue. The year-over-year comparison shows a weaker margin, as revenue declined while cost of revenue decreased less proportionally.
Compared to the prior quarter, revenue was stable, gross profit was higher, cost of revenue was lower, and gross margin improved. Versus the same quarter a year ago, revenue was lower, gross profit and gross margin were markedly lower, and cost of revenue was slightly lower.
Monitor whether cost of revenue can sustain its decline relative to the prior quarter, given the year-ago comparison shows only a modest reduction.