Aptiv (APTV) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter was marginally lower than the preceding quarter but above the level reported for the same period one year earlier. The year-over-year growth reflects a continued recovery from the prior year's comparable quarter.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter was marginally lower than the preceding quarter but above the level reported for the same period one year earlier. The year-over-year growth reflects a continued recovery from the prior year's comparable quarter.
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
-0.4%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
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 |
|---|---|---|
| Jun 30, 2023 | $5.2B | +28.2% |
| Sep 30, 2023 | $5.1B | +10.8% |
| Dec 31, 2023 | $4.9B | +6.0% |
| Mar 31, 2024 | $4.9B | +1.7% |
Revenue performance
Revenue decreased slightly on a sequential basis, ending a period of quarter-over-quarter declines that had been narrowing.
Quarterly comparison
Compared to the immediately preceding quarter, revenue edged down, while compared to the same quarter one year earlier, revenue was higher.
What to watch
Revenue has trended downward over the last three quarters, with the latest quarter showing only a modest sequential decline.