SW

Stanley Black & Decker, Inc. stock research

Latest · Apr 4, 2026

FY2026 Q1

Stanley Black & Decker (SWK) Gross Margin — Quarter Ended Apr 4, 2026

Revenue increased while cost of revenue rose more, causing gross profit to stay flat and gross margin to weaken sequentially. Compared to the same quarter last year, revenue and gross profit both improved, and gross margin was higher.

Gross margin takeaway

Quarter ended Apr 4, 2026 · FY2026 Q1

Revenue increased while cost of revenue rose more, causing gross profit to stay flat and gross margin to weaken sequentially. Compared to the same quarter last year, revenue and gross profit both improved, and gross margin was higher.

  • The gross margin weakened from the prior quarter because cost of revenue increased more than revenue, while gross profit was unchanged. Year over year, the margin improved as revenue and gross profit grew faster than cost of revenue.
  • Sequentially, gross margin was lower; year over year, it was higher.

Gross margin snapshot

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

Gross margin

30.1%

Gross profit

$1.2B

Revenue

$3.8B

Cost of revenue

$2.7B

Quarter-over-quarter change

-3.1 pts

Year-over-year change

+0.2 pts

Quarterly gross margin trend

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

PeriodRevenueGross profitCost of revenueGross margin
Jun 28, 2025$3.9B$1.1B$2.9B27.0%
Sep 27, 2025$3.8B$1.2B$2.6B31.4%
Jan 3, 2026$3.7B$1.2B$2.5B33.2%
Apr 4, 2026$3.8B$1.2B$2.7B30.1%

Quarterly comparisons

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

Previous-quarter change

Jan 3, 2026

-3.1 pts

Year-over-year change

Mar 29, 2025

+0.2 pts

What the margin says

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

The gross margin weakened from the prior quarter because cost of revenue increased more than revenue, while gross profit was unchanged. Year over year, the margin improved as revenue and gross profit grew faster than cost of revenue.

Sequentially, gross margin was lower; year over year, it was higher.

Monitor the relationship between cost of revenue and revenue trends, as a faster rise in cost could pressure gross margin further.

Peer context

Latest available gross margins for related public companies.

CompanyGross margin
Stanley Black & Decker, Inc. (SWK)30.1%