Mettler-Toledo International Inc. stock research
FY2025 Q4
Mettler-Toledo International (MTD) Gross Margin — Quarter Ended Dec 31, 2025
In the current quarter, revenue increased and gross profit increased, while cost of revenue also increased, resulting in a gross margin of just under sixty percent. Compared to the preceding quarter, the margin improved slightly, but compared to the same quarter one year earlier, it weakened.
Gross margin takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
In the current quarter, revenue increased and gross profit increased, while cost of revenue also increased, resulting in a gross margin of just under sixty percent. Compared to the preceding quarter, the margin improved slightly, but compared to the same quarter one year earlier, it weakened.
- The most notable margin driver was the relative growth rates of cost of revenue and revenue. Sequentially, revenue growth outpaced cost growth, contributing to margin improvement; year over year, cost growth exceeded revenue growth, leading to margin compression.
- The gross margin for the current quarter was higher than the preceding quarter but lower than the same quarter one year earlier.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
59.8%
Gross profit
$675.4M
Revenue
$1.1B
Cost of revenue
$454.3M
Quarter-over-quarter change
+0.6 pts
Year-over-year change
-1.4 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 |
|---|---|---|---|---|
| Mar 31, 2025 | $883.7M | $525.9M | $357.9M | 59.5% |
| Jun 30, 2025 | $983.2M | $579.9M | $403.3M | 59.0% |
| Sep 30, 2025 | $1.0B | $609.5M | $420.2M | 59.2% |
| Dec 31, 2025 | $1.1B | $675.4M | $454.3M | 59.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
+0.6 pts
Year-over-year change
Dec 31, 2024
-1.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The most notable margin driver was the relative growth rates of cost of revenue and revenue. Sequentially, revenue growth outpaced cost growth, contributing to margin improvement; year over year, cost growth exceeded revenue growth, leading to margin compression.
The gross margin for the current quarter was higher than the preceding quarter but lower than the same quarter one year earlier.
Monitor the trend in cost of revenue relative to revenue, as its growth rate varied between periods.