Builders FirstSource (BLDR) Revenue — Quarter Ended Jun 30, 2024
Builders FirstSource reported a higher revenue for the quarter compared with the immediately preceding period. The result was lower than the same quarter one year ago.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Builders FirstSource reported a higher revenue for the quarter compared with the immediately preceding period. The result was lower than the same quarter one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.5B
Revenue reported for this quarter.
Quarter-over-quarter
+14.5%
Change from the immediately preceding quarter.
Year-over-year
-1.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$17B
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 |
|---|---|---|
| Sep 30, 2023 | $4.5B | -21.3% |
| Dec 31, 2023 | $4.2B | -4.7% |
| Mar 31, 2024 | $3.9B | +0.2% |
| Jun 30, 2024 | $4.5B | -1.6% |
Revenue performance
The company’s net sales rose sequentially, driven by typical seasonal strength in the construction supply cycle.
Quarterly comparison
Revenue increased from the prior quarter but declined versus the same quarter a year earlier, reflecting year-over-year headwinds in demand.
What to watch
Monitor whether the ongoing year-over-year revenue decline narrows or reverses in coming quarters.