WY

Weyerhaeuser Company stock research

Jun 30, 2025

FY2025 Q2

Weyerhaeuser (WY) Gross Margin — Quarter Ended Jun 30, 2025

Revenue was slightly higher than the prior quarter and comparable to the same quarter a year earlier. Gross profit declined relative to both periods, as cost of revenue increased, resulting in a lower gross margin.

Gross margin takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue was slightly higher than the prior quarter and comparable to the same quarter a year earlier. Gross profit declined relative to both periods, as cost of revenue increased, resulting in a lower gross margin.

  • The increase in cost of revenue was the most significant factor affecting margin, as it outpaced the change in revenue. This drove the compression in gross profit and gross margin.
  • Compared to the prior quarter, gross margin weakened due to a larger increase in cost of revenue relative to revenue. Year-over-year, the margin also weakened, with cost of revenue rising while revenue remained stable.

Gross margin snapshot

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

Gross margin

17.3%

Gross profit

$325.0M

Revenue

$1.9B

Cost of revenue

$1.6B

Quarter-over-quarter change

-1.8 pts

Year-over-year change

-3.6 pts

Quarterly gross margin trend

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

PeriodRevenueGross profitCost of revenueGross margin
Sep 30, 2024$1.7B$250.0M$1.4B14.9%
Dec 31, 2024$1.7B$304.0M$1.4B17.8%
Mar 31, 2025$1.8B$335.0M$1.4B19.0%
Jun 30, 2025$1.9B$325.0M$1.6B17.3%

Quarterly comparisons

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

Previous-quarter change

Mar 31, 2025

-1.8 pts

Year-over-year change

Jun 30, 2024

-3.6 pts

What the margin says

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

The increase in cost of revenue was the most significant factor affecting margin, as it outpaced the change in revenue. This drove the compression in gross profit and gross margin.

Compared to the prior quarter, gross margin weakened due to a larger increase in cost of revenue relative to revenue. Year-over-year, the margin also weakened, with cost of revenue rising while revenue remained stable.

Monitor the trajectory of cost of revenue, which has increased both sequentially and year-over-year.