Nordson Corporation stock research
FY2025 Q4
Nordson (NDSN) Gross Margin — Quarter Ended Oct 31, 2025
Revenue increased while cost of revenue decreased, leading to higher gross profit and an improved gross margin compared to both the prior quarter and the same quarter last year.
Gross margin takeaway
Quarter ended Oct 31, 2025 · FY2025 Q4
Revenue increased while cost of revenue decreased, leading to higher gross profit and an improved gross margin compared to both the prior quarter and the same quarter last year.
- The combination of higher revenue and lower cost of revenue was the most visible driver of the gross margin expansion.
- Gross margin improved sequentially and also improved year over year, as revenue rose and cost of revenue fell in both comparisons.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
56.3%
Gross profit
$423.5M
Revenue
$751.8M
Cost of revenue
$328.4M
Quarter-over-quarter change
+1.5 pts
Year-over-year change
+2.2 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 |
|---|---|---|---|---|
| Jan 31, 2025 | $615.4M | $335.9M | $279.5M | 54.6% |
| Apr 30, 2025 | $682.9M | $373.9M | $309.0M | 54.7% |
| Jul 31, 2025 | $741.5M | $406.5M | $335.0M | 54.8% |
| Oct 31, 2025 | $751.8M | $423.5M | $328.4M | 56.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jul 31, 2025
+1.5 pts
Year-over-year change
Oct 31, 2024
+2.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The combination of higher revenue and lower cost of revenue was the most visible driver of the gross margin expansion.
Gross margin improved sequentially and also improved year over year, as revenue rose and cost of revenue fell in both comparisons.
Monitor whether the lower cost of revenue level can be sustained in upcoming quarters.