XY

Xylem Inc. stock research

Jun 30, 2025

FY2025 Q2

Xylem (XYL) Gross Margin — Quarter Ended Jun 30, 2025

Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit rose at a faster pace than cost of revenue, leading to an improved gross margin.

Gross margin takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit rose at a faster pace than cost of revenue, leading to an improved gross margin.

  • The primary observable driver was that cost of revenue increased at a slower rate than revenue, which allowed gross profit to grow more quickly.
  • Gross margin was higher than both the immediately preceding quarter and the same quarter one year earlier.

Gross margin snapshot

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

Gross margin

38.8%

Gross profit

$892.0M

Revenue

$2.3B

Cost of revenue

$1.4B

Quarter-over-quarter change

+1.6 pts

Year-over-year change

+1.0 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$2.1B$784.0M$1.3B37.3%
Dec 31, 2024$2.3B$857.0M$1.4B38.0%
Mar 31, 2025$2.1B$768.0M$1.3B37.1%
Jun 30, 2025$2.3B$892.0M$1.4B38.8%

Quarterly comparisons

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

Previous-quarter change

Mar 31, 2025

+1.6 pts

Year-over-year change

Jun 30, 2024

+1.0 pts

What the margin says

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

The primary observable driver was that cost of revenue increased at a slower rate than revenue, which allowed gross profit to grow more quickly.

Gross margin was higher than both the immediately preceding quarter and the same quarter one year earlier.

Monitor the company's inventory management initiatives as noted in the filing, which may affect future cost of revenue.