PH

Parker-Hannifin Corporation stock research

Jun 30, 2025

FY2025 Q4

Parker-Hannifin (PH) Gross Margin — Quarter Ended Jun 30, 2025

Revenue was higher than the prior quarter and stable relative to the same quarter last year. Gross profit increased, and gross margin improved compared to both periods.

Gross margin takeaway

Quarter ended Jun 30, 2025 · FY2025 Q4

Revenue was higher than the prior quarter and stable relative to the same quarter last year. Gross profit increased, and gross margin improved compared to both periods.

  • Gross margin strengthened sequentially and year-over-year, reflecting a favorable relationship between gross profit and revenue.
  • Compared to the preceding quarter, revenue, gross profit, and cost of revenue all rose, while gross margin edged higher. Compared to the same quarter one year earlier, revenue was unchanged, cost of revenue was stable, gross profit was higher, and gross margin improved.

Gross margin snapshot

The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.

Gross margin

37.3%

Gross profit

$2.0B

Revenue

$5.2B

Cost of revenue

$3.3B

Quarter-over-quarter change

+0.4 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.

PeriodRevenueGross profitCost of revenueGross margin
Sep 30, 2024$4.9B$1.8B$3.1B36.8%
Dec 31, 2024$4.7B$1.7B$3.0B36.3%
Mar 31, 2025$5.0B$1.8B$3.1B36.9%
Jun 30, 2025$5.2B$2.0B$3.3B37.3%

Quarterly comparisons

Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.

Previous-quarter change

Mar 31, 2025

+0.4 pts

Year-over-year change

Jun 30, 2024

+1.4 pts

What the margin says

Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.

Gross margin strengthened sequentially and year-over-year, reflecting a favorable relationship between gross profit and revenue.

Compared to the preceding quarter, revenue, gross profit, and cost of revenue all rose, while gross margin edged higher. Compared to the same quarter one year earlier, revenue was unchanged, cost of revenue was stable, gross profit was higher, and gross margin improved.

Monitor the trajectory of gross margin in subsequent quarters given its recent improvement.