Aptiv (APTV) Revenue — Quarter Ended Sep 30, 2024
Revenue declined in the current quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The decrease reflects a continuation of the downward trend observed in the most recent period.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue declined in the current quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The decrease reflects a continuation of the downward trend observed in the most recent period.
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
-3.9%
Change from the immediately preceding quarter.
Year-over-year
-5.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.7B
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 |
|---|---|---|
| Dec 31, 2023 | $4.9B | +6.0% |
| Mar 31, 2024 | $4.9B | +1.7% |
| Jun 30, 2024 | $5.1B | -2.9% |
| Sep 30, 2024 | $4.9B | -5.1% |
Revenue performance
Reported revenue moved lower, marking a reversal from the growth seen in the two prior quarters. The decline was more pronounced on a year-over-year basis.
Quarterly comparison
Compared with the prior quarter, revenue decreased, and the decline was steeper when measured against the same quarter last year. This sequential and annual contraction highlights a softening in demand.
What to watch
The trajectory of quarterly revenue turned negative after two consecutive quarters of growth, warranting close attention to future revenue trends.