Ross Stores, Inc. stock research
FY2026 Q1
Ross Stores (ROST) Gross Margin & Quarterly History
Explore Ross Stores, Inc. (ROST) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended May 2, 2026 · FY2026 Q1
Revenue decreased from the prior quarter but increased from the year-ago quarter. Gross profit was unchanged sequentially but higher year-over-year, and cost of revenue fell sequentially but rose year-over-year; as a result, gross margin improved compared to both the prior quarter and the same quarter last year.
- Gross margin improved sequentially and year-over-year, with cost of revenue changing at a different rate than revenue in both comparisons.
- Compared to the preceding quarter, revenue was lower, gross profit was unchanged, cost of revenue was lower, and gross margin was higher. Compared to the same quarter one year earlier, revenue, gross profit, and cost of revenue were all higher, while gross margin was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
29.6%
Gross profit
$1.8B
Revenue
$6.0B
Cost of revenue
$4.2B
Quarter-over-quarter change
+2.4 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 |
|---|---|---|---|---|
| Aug 2, 2025 | $5.5B | $1.5B | $4.0B | 27.6% |
| Nov 1, 2025 | $5.6B | $1.6B | $4.0B | 28.0% |
| Jan 31, 2026 | $6.6B | $1.8B | $4.8B | 27.2% |
| May 2, 2026 | $6.0B | $1.8B | $4.2B | 29.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2026
+2.4 pts
Year-over-year change
May 3, 2025
+1.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin improved sequentially and year-over-year, with cost of revenue changing at a different rate than revenue in both comparisons.
Compared to the preceding quarter, revenue was lower, gross profit was unchanged, cost of revenue was lower, and gross margin was higher. Compared to the same quarter one year earlier, revenue, gross profit, and cost of revenue were all higher, while gross margin was also higher.
Monitor merchandise inventory purchase trends, as they are a key input to cost of goods sold and gross margin, consistent with the company's liquidity discussion in the filing.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Ross Stores, Inc. (ROST) | 29.6% |