The AES (AES) Revenue — Quarter Ended Dec 31, 2023
Revenue declined in the reporting quarter compared to both the prior quarter and the same quarter a year earlier. The decrease reflects a reversal from the growth seen in earlier quarters of the same fiscal period.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined in the reporting quarter compared to both the prior quarter and the same quarter a year earlier. The decrease reflects a reversal from the growth seen in earlier quarters of the same fiscal period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-13.6%
Change from the immediately preceding quarter.
Year-over-year
-3.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.7B
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 |
|---|---|---|
| Mar 31, 2023 | $3.2B | +20.0% |
| Jun 30, 2023 | $3B | +12.1% |
| Sep 30, 2023 | $3.4B | +27.2% |
| Dec 31, 2023 | $3B | -3.0% |
Revenue performance
The reported revenue moved lower, contrasting with the increases observed in each of the three preceding quarters of the same fiscal period.
Quarterly comparison
Revenue was down from the immediately preceding quarter and also fell compared with the same quarter one year earlier.
What to watch
The filing context references management discussion and analysis, which may provide further detail on the revenue decline.