American International Group (AIG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined compared to both the prior quarter and the same quarter a year ago. The decrease from the prior year was notably larger than the sequential decline.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter declined compared to both the prior quarter and the same quarter a year ago. The decrease from the prior year was notably larger than the sequential decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.3B
Revenue reported for this quarter.
Quarter-over-quarter
-2.3%
Change from the immediately preceding quarter.
Year-over-year
-48.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.8B
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 |
|---|---|---|
| Dec 31, 2022 | -$12.6B | -188.9% |
| Mar 31, 2023 | $6.7B | -55.1% |
| Jun 30, 2023 | $7.4B | -45.6% |
| Sep 30, 2023 | $7.3B | -48.1% |
Revenue performance
The reported revenue moved lower, continuing a downward trajectory from the prior quarter.
Quarterly comparison
Revenue was lower than the immediately preceding quarter and substantially lower than the same quarter one year earlier.
What to watch
The sharp year-over-year revenue decline warrants attention in upcoming filings.