Mettler-Toledo International Inc. stock research
FY2024 Q2
Mettler-Toledo International (MTD) Gross Margin — Quarter Ended Jun 30, 2025
Revenue grew compared to both the preceding quarter and the same quarter a year ago, while cost of revenue also increased. Gross margin declined slightly, indicating that cost growth outpaced revenue growth.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2024 Q2
Revenue grew compared to both the preceding quarter and the same quarter a year ago, while cost of revenue also increased. Gross margin declined slightly, indicating that cost growth outpaced revenue growth.
- Gross margin weakened relative to both prior periods, driven by a proportionally larger increase in cost of revenue compared to revenue growth.
- Compared to the immediately preceding quarter, gross margin was lower, while revenue and gross profit were higher. Versus the same quarter one year earlier, gross margin was also lower, with both revenue and gross profit higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
59.0%
Gross profit
$579.9M
Revenue
$983.2M
Cost of revenue
$403.3M
Quarter-over-quarter change
-0.5 pts
Year-over-year change
-0.8 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 | $954.5M | $572.5M | $382.1M | 60.0% |
| Dec 31, 2024 | $1.0B | $639.3M | $405.8M | 61.2% |
| Mar 31, 2025 | $883.7M | $525.9M | $357.9M | 59.5% |
| Jun 30, 2025 | $983.2M | $579.9M | $403.3M | 59.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
-0.5 pts
Year-over-year change
Jun 30, 2024
-0.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin weakened relative to both prior periods, driven by a proportionally larger increase in cost of revenue compared to revenue growth.
Compared to the immediately preceding quarter, gross margin was lower, while revenue and gross profit were higher. Versus the same quarter one year earlier, gross margin was also lower, with both revenue and gross profit higher.
Monitor the relationship between revenue growth and cost of revenue increases in upcoming quarters.