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Core & Main (CNM) gross margin by quarter

Core & Main's gross margin was 26.7% in Q2 FY27 (second quarter fiscal 2027), -0.5 pts from Q1 FY27. Over the last 7 quarters it ranged from 26.6% (Q4 FY25) to 27.2% (Q1 FY27).

Core & Main gross margin by quarterCore & Main gross margin by quarter26.6%Q4 FY2526.7%Q1 FY2626.8%Q2 FY2627.2%Q3 FY2627.1%Q4 FY2627.2%Q1 FY2726.7%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2726.7%-0.5 pts-0.0 pts
Q1 FY2727.2%+0.2 pts+0.5 pts
Q4 FY2627.1%-0.1 pts+0.5 pts
Q3 FY2627.2%+0.5 pts—
Q2 FY2626.8%+0.1 pts—
Q1 FY2626.7%+0.1 pts—
Q4 FY2526.6%——

Q2 FY27 at a glance

Core & Main, Q2 FY27: revenue $2.1B (+2% year over year), operating margin 10.6%, net earnings $144M, operating cash flow $62.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Core & Main's gross margin?

Core & Main's gross margin was 26.7% in Q2 FY27 (second quarter fiscal 2027), -0.5 pts from Q1 FY27.

How has Core & Main's gross margin changed?

Over the last 7 quarters it ranged from 26.6% (Q4 FY25) to 27.2% (Q1 FY27).

Q2 FY27 results → · How Core & Main makes money →