Automatic Data Processing (ADP) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the same period last year. The growth rate was higher than the preceding quarter's year-over-year increase.
Key takeaway
Quarter ended Sep 30, 2024 · FY2025 Q1
Revenue for the quarter increased compared to the same period last year. The growth rate was higher than the preceding quarter's year-over-year increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
+1.3%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.5B
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 |
|---|---|---|
| Dec 31, 2023 | $4.7B | +6.3% |
| Mar 31, 2024 | $5.3B | +6.6% |
| Jun 30, 2024 | $4.8B | +6.5% |
| Sep 30, 2024 | $4.8B | +7.1% |
Revenue performance
Total revenue rose both sequentially and year over year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher. Compared to the same quarter one year earlier, revenue also increased.
What to watch
Monitor whether the sequential revenue growth can be sustained in future quarters.