Revvity, Inc. stock research
FY2025 Q3
Revvity (RVTY) Gross Margin — Quarter Ended Sep 28, 2025
Revenue and gross profit both decreased compared to the prior quarter, while cost of revenue declined at a slower pace, resulting in a slightly lower gross margin. Versus the same quarter last year, revenue increased but gross profit decreased, as cost of revenue rose more than proportionally, leading to a weakened gross margin.
Gross margin takeaway
Quarter ended Sep 28, 2025 · FY2025 Q3
Revenue and gross profit both decreased compared to the prior quarter, while cost of revenue declined at a slower pace, resulting in a slightly lower gross margin. Versus the same quarter last year, revenue increased but gross profit decreased, as cost of revenue rose more than proportionally, leading to a weakened gross margin.
- The strongest observable margin driver is the relationship between revenue and cost of revenue: in the current quarter, cost of revenue grew relative to revenue compared to both the prior quarter and the year-ago quarter, compressing gross margin.
- Compared to the immediately preceding quarter, gross margin was lower. Compared to the same quarter one year earlier, gross margin was also lower.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
53.6%
Gross profit
$374.6M
Revenue
$698.9M
Cost of revenue
$324.3M
Quarter-over-quarter change
-0.9 pts
Year-over-year change
-2.7 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 |
|---|---|---|---|---|
| Sep 29, 2024 | $684.0M | $384.8M | $299.2M | 56.3% |
| Mar 30, 2025 | $664.8M | $375.5M | $289.2M | 56.5% |
| Jun 29, 2025 | $720.3M | $392.6M | $327.7M | 54.5% |
| Sep 28, 2025 | $698.9M | $374.6M | $324.3M | 53.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 29, 2025
-0.9 pts
Year-over-year change
Sep 29, 2024
-2.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the relationship between revenue and cost of revenue: in the current quarter, cost of revenue grew relative to revenue compared to both the prior quarter and the year-ago quarter, compressing gross margin.
Compared to the immediately preceding quarter, gross margin was lower. Compared to the same quarter one year earlier, gross margin was also lower.
Monitor the trend in cost of revenue relative to revenue, as its faster growth has been the primary factor behind the margin decline.