RV

Revvity, Inc. stock research

Mar 30, 2025

FY2025 Q1

Revvity (RVTY) Gross Margin — Quarter Ended Mar 30, 2025

Revenue decreased from the prior quarter but increased compared to the same quarter last year. Gross profit and gross margin improved year over year, while cost of revenue declined relative to the year-ago period.

Gross margin takeaway

Quarter ended Mar 30, 2025 · FY2025 Q1

Revenue decreased from the prior quarter but increased compared to the same quarter last year. Gross profit and gross margin improved year over year, while cost of revenue declined relative to the year-ago period.

  • The gross margin strengthened year over year, driven by a lower cost of revenue relative to revenue. The relationship between revenue and cost of revenue shifted favorably compared to the prior year.
  • Compared to the prior quarter, revenue was lower, but gross profit and gross margin data for that quarter are not available. Compared to the same quarter last year, revenue, gross profit, and gross margin were all higher, while cost of revenue was lower.

Gross margin snapshot

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

Gross margin

56.5%

Gross profit

$375.5M

Revenue

$664.8M

Cost of revenue

$289.2M

Quarter-over-quarter change

+0.2 pts

Year-over-year change

+1.9 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Mar 31, 2024$649.9M$355.0M$294.9M54.6%
Jun 30, 2024$691.7M$385.5M$306.2M55.7%
Sep 29, 2024$684.0M$384.8M$299.2M56.3%
Mar 30, 2025$664.8M$375.5M$289.2M56.5%

Quarterly comparisons

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

Previous-quarter change

Sep 29, 2024

+0.2 pts

Year-over-year change

Mar 31, 2024

+1.9 pts

What the margin says

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

The gross margin strengthened year over year, driven by a lower cost of revenue relative to revenue. The relationship between revenue and cost of revenue shifted favorably compared to the prior year.

Compared to the prior quarter, revenue was lower, but gross profit and gross margin data for that quarter are not available. Compared to the same quarter last year, revenue, gross profit, and gross margin were all higher, while cost of revenue was lower.

Monitor the trajectory of cost of revenue relative to revenue, as its decline contributed to the gross margin improvement.