Williams-Sonoma, Inc. stock research
FY2025 Q4
Williams-Sonoma (WSM) Gross Margin — Quarter Ended Feb 1, 2026
Revenue and gross profit both increased compared to the prior quarter, while cost of revenue also rose. Gross margin improved slightly from the prior quarter but was lower than the same quarter one year earlier.
Gross margin takeaway
Quarter ended Feb 1, 2026 · FY2025 Q4
Revenue and gross profit both increased compared to the prior quarter, while cost of revenue also rose. Gross margin improved slightly from the prior quarter but was lower than the same quarter one year earlier.
- The gross margin improved sequentially as gross profit grew faster than cost of revenue. Compared to the prior year, the margin weakened due to a higher proportion of cost of revenue relative to revenue.
- Compared to the prior quarter, revenue and gross profit were higher, and gross margin improved. Versus the same quarter last year, revenue and gross profit were lower, and gross margin weakened.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
46.9%
Gross profit
$1.1B
Revenue
$2.4B
Cost of revenue
$1.3B
Quarter-over-quarter change
+0.8 pts
Year-over-year change
-0.5 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 |
|---|---|---|---|---|
| May 4, 2025 | $1.7B | $765.8M | $964.3M | 44.3% |
| Aug 3, 2025 | $1.8B | $864.6M | $972.1M | 47.1% |
| Nov 2, 2025 | $1.9B | $867.7M | $1.0B | 46.1% |
| Feb 1, 2026 | $2.4B | $1.1B | $1.3B | 46.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Nov 2, 2025
+0.8 pts
Year-over-year change
Feb 2, 2025
-0.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin improved sequentially as gross profit grew faster than cost of revenue. Compared to the prior year, the margin weakened due to a higher proportion of cost of revenue relative to revenue.
Compared to the prior quarter, revenue and gross profit were higher, and gross margin improved. Versus the same quarter last year, revenue and gross profit were lower, and gross margin weakened.
Monitor the trend in cost of revenue relative to revenue, as it has increased compared to the prior year.