LyondellBasell Industries N.V. stock research
FY2025 Q3
LyondellBasell Industries N.V. (LYB) Gross Margin — Quarter Ended Sep 30, 2025
Revenue was stable compared to the prior quarter, while gross profit improved and cost of revenue decreased, leading to a higher gross margin. Compared to the same quarter last year, revenue, gross profit, and gross margin were all lower, with cost of revenue also lower.
Gross margin takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue was stable compared to the prior quarter, while gross profit improved and cost of revenue decreased, leading to a higher gross margin. Compared to the same quarter last year, revenue, gross profit, and gross margin were all lower, with cost of revenue also lower.
- The improvement in gross margin from the prior quarter was driven by a reduction in cost of revenue relative to revenue, as gross profit increased while revenue held steady.
- Compared to the prior quarter, gross margin improved from a lower level. Compared to the same quarter last year, gross margin weakened from a higher level.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
11.7%
Gross profit
$906.0M
Revenue
$7.7B
Cost of revenue
$6.8B
Quarter-over-quarter change
+1.4 pts
Year-over-year change
-3.4 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 | $7.8B | $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% |
| Sep 30, 2025 | $7.7B | $906.0M | $6.8B | 11.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 30, 2025
+1.4 pts
Year-over-year change
Sep 30, 2024
-3.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The improvement in gross margin from the prior quarter was driven by a reduction in cost of revenue relative to revenue, as gross profit increased while revenue held steady.
Compared to the prior quarter, gross margin improved from a lower level. Compared to the same quarter last year, gross margin weakened from a higher level.
Monitor the trajectory of cost of revenue relative to revenue, as its decline contributed to the margin improvement this quarter.