AI
AIG
Quarter ended Dec 31, 2023 · FY2024 FY

American International Group (AIG) Revenue — Quarter Ended Dec 31, 2023

Revenue for the quarter declined compared to the immediately preceding quarter, but rose sharply compared to the same quarter one year earlier.

Key takeaway

Quarter ended Dec 31, 2023 · FY2024 FY

Revenue for the quarter declined compared to the immediately preceding quarter, but rose sharply compared to the same quarter one year earlier.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$6.5B

Revenue reported for this quarter.

Quarter-over-quarter

-10.2%

Change from the immediately preceding quarter.

Year-over-year

+151.8%

Change from the comparable year-ago quarter.

Trailing four quarters

$27.9B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Mar 31, 2023$6.7B-55.1%
Jun 30, 2023$7.4B-45.6%
Sep 30, 2023$7.3B-48.1%
Dec 31, 2023$6.5B+151.8%

Revenue performance

The reported revenue decreased from the prior quarter, reflecting a sequential downturn.

Quarterly comparison

Compared to the same quarter a year ago, revenue increased substantially, while it fell relative to the previous quarter.

What to watch

The sharp year-over-year gain contrasts with the sequential decline, warranting attention to underlying trends.