Builders FirstSource (BLDR) Revenue — Quarter Ended Mar 31, 2023
Revenue declined in the quarter compared to both the immediately preceding period and the same period one year earlier. The decrease continued a trend of sequential declines observed over recent quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined in the quarter compared to both the immediately preceding period and the same period one year earlier. The decrease continued a trend of sequential declines observed over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-10.9%
Change from the immediately preceding quarter.
Year-over-year
-31.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.9B
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, 2022 | $6.9B | +24.2% |
| Sep 30, 2022 | $5.8B | +4.6% |
| Dec 31, 2022 | $4.4B | -6.0% |
| Mar 31, 2023 | $3.9B | -31.6% |
Revenue performance
Net sales fell from the prior quarter and from the year-ago quarter, marking the third consecutive sequential decline.
Quarterly comparison
Compared to the preceding quarter, revenue was lower, and the year-over-year comparison also showed a significant decrease.
What to watch
The company's borrowing base, which supports its revolving credit facility, declined from the end of the prior quarter, warranting attention to liquidity trends.