Nordson Corporation stock research
FY2025 Q2
Nordson (NDSN) Gross Margin — Quarter Ended Apr 30, 2025
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit also rose, but gross margin was slightly higher than the prior quarter and lower than the year-ago period, as cost of revenue grew at different rates.
Gross margin takeaway
Quarter ended Apr 30, 2025 · FY2025 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit also rose, but gross margin was slightly higher than the prior quarter and lower than the year-ago period, as cost of revenue grew at different rates.
- The strongest observable margin driver is the change in cost of revenue relative to revenue. Cost of revenue grew more slowly than revenue from the prior quarter, slightly improving margin, but grew faster than revenue compared to the year-ago quarter, weakening margin.
- Compared to the immediately preceding quarter, revenue, gross profit, and cost of revenue all increased, with gross margin marginally improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, but cost of revenue increased at a higher rate, resulting in a lower gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
54.7%
Gross profit
$373.9M
Revenue
$682.9M
Cost of revenue
$309.0M
Quarter-over-quarter change
+0.2 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.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jul 31, 2024 | $661.6M | $369.0M | $292.6M | 55.8% |
| Oct 31, 2024 | $744.5M | $402.8M | $341.7M | 54.1% |
| Jan 31, 2025 | $615.4M | $335.9M | $279.5M | 54.6% |
| Apr 30, 2025 | $682.9M | $373.9M | $309.0M | 54.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2025
+0.2 pts
Year-over-year change
Apr 30, 2024
-1.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the change in cost of revenue relative to revenue. Cost of revenue grew more slowly than revenue from the prior quarter, slightly improving margin, but grew faster than revenue compared to the year-ago quarter, weakening margin.
Compared to the immediately preceding quarter, revenue, gross profit, and cost of revenue all increased, with gross margin marginally improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, but cost of revenue increased at a higher rate, resulting in a lower gross margin.
Monitor the trend in cost of revenue as a percentage of revenue, as the gross margin declined from the year-ago period.