Weyerhaeuser Company stock research
FY2026 Q1
Weyerhaeuser (WY) Gross Margin — Quarter Ended Mar 31, 2026
Revenue increased from the prior quarter while cost of revenue held steady, resulting in a higher gross profit and an improved gross margin. Compared to the same quarter last year, revenue was lower with cost of revenue unchanged, leading to a slightly lower gross profit and a weakened gross margin.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue increased from the prior quarter while cost of revenue held steady, resulting in a higher gross profit and an improved gross margin. Compared to the same quarter last year, revenue was lower with cost of revenue unchanged, leading to a slightly lower gross profit and a weakened gross margin.
- The strongest observable margin driver is the change in revenue relative to a stable cost of revenue. Sequentially, higher revenue with flat cost drove margin improvement; year-over-year, lower revenue with flat cost caused margin weakening.
- Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was unchanged, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were lower, cost of revenue was unchanged, and gross margin weakened.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
18.4%
Gross profit
$318.0M
Revenue
$1.7B
Cost of revenue
$1.4B
Quarter-over-quarter change
+8.0 pts
Year-over-year change
-0.6 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 |
|---|---|---|---|---|
| Jun 30, 2025 | $1.9B | $325.0M | $1.6B | 17.3% |
| Sep 30, 2025 | $1.7B | $204.0M | $1.5B | 11.9% |
| Dec 31, 2025 | $1.5B | $161.0M | $1.4B | 10.4% |
| Mar 31, 2026 | $1.7B | $318.0M | $1.4B | 18.4% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+8.0 pts
Year-over-year change
Mar 31, 2025
-0.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the change in revenue relative to a stable cost of revenue. Sequentially, higher revenue with flat cost drove margin improvement; year-over-year, lower revenue with flat cost caused margin weakening.
Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was unchanged, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were lower, cost of revenue was unchanged, and gross margin weakened.
Monitor working capital changes, as the company noted a decrease in cash from operations primarily due to unfavorable working capital movements.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Weyerhaeuser Company (WY) | 18.4% |