The AES (AES) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The reported growth reflects a continuation of the positive revenue trajectory seen over recent periods.
Key takeaway
Quarter ended Mar 31, 2023 · FY2022 Q2
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The reported growth reflects a continuation of the positive revenue trajectory seen over recent periods.
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
+5.8%
Change from the immediately preceding quarter.
Year-over-year
+20.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$13B
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 | $3.1B | +14.0% |
| Sep 30, 2022 | $3.6B | +34.3% |
| Dec 31, 2022 | $3.1B | +10.5% |
| Mar 31, 2023 | $3.2B | +20.0% |
Revenue performance
The reported revenue increased relative to the prior quarter, reversing the sequential decline seen at the end of the preceding year. The year-over-year comparison shows a significant expansion from the same period last year.
Quarterly comparison
Sequentially, revenue rose from the immediately preceding quarter, which had been slightly lower. Relative to the same quarter one year earlier, the increase was substantially higher, suggesting a stronger performance compared with the prior-year period.
What to watch
The filing context does not provide commentary on specific revenue drivers; broader industry or operational factors may influence future results.