Aptiv (APTV) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined compared to the immediately preceding quarter. However, it was higher than the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue for the quarter declined compared to the immediately preceding quarter. However, it was higher than the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.9B
Revenue reported for this quarter.
Quarter-over-quarter
-3.8%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.1B
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 | $4.8B | +15.3% |
| Jun 30, 2023 | $5.2B | +28.2% |
| Sep 30, 2023 | $5.1B | +10.8% |
| Dec 31, 2023 | $4.9B | +6.0% |
Revenue performance
The reported revenue was down sequentially but up year-over-year, continuing a pattern of annual growth at a slower rate than earlier in the fiscal year.
Quarterly comparison
Sequentially, revenue fell from the prior quarter, while year-over-year it increased from the same period a year ago, illustrating a mixed directional outcome.
What to watch
The sequential decline marks the second consecutive quarter of falling revenue, following a period of earlier growth.