Arch Capital Group (ACGL) Revenue — Quarter Ended Mar 31, 2023
Revenue increased compared to both the prior quarter and the same quarter a year ago. The growth rate relative to the prior year was significantly larger than the sequential growth rate.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased compared to both the prior quarter and the same quarter a year ago. The growth rate relative to the prior year was significantly larger than the sequential growth rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
+63.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2.2B | -13.9% |
| Sep 30, 2022 | $2.4B | +13.6% |
| Dec 31, 2022 | $3.1B | +32.9% |
| Mar 31, 2023 | $3.2B | +63.1% |
Revenue performance
Revenue for the current quarter rose from the immediately preceding quarter, continuing the upward trend seen in recent periods.
Quarterly comparison
Compared to the prior quarter, revenue increased. Compared to the same quarter one year earlier, revenue also increased, with a notably larger magnitude of change.
What to watch
The year-over-year revenue increase was larger than the sequential increase, indicating a shift in growth dynamics.