Cardinal Health (CAH) Revenue — Quarter Ended Jun 30, 2023
Revenue for this reporting quarter increased compared to the immediately preceding quarter. It also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q4
Revenue for this reporting quarter increased compared to the immediately preceding quarter. It also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$53.4B
Revenue reported for this quarter.
Quarter-over-quarter
+5.8%
Change from the immediately preceding quarter.
Year-over-year
+13.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$205B
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, 2022 | $49.6B | +12.8% |
| Dec 31, 2022 | $51.5B | +13.2% |
| Mar 31, 2023 | $50.5B | +12.6% |
| Jun 30, 2023 | $53.4B | +13.5% |
Revenue performance
Revenue has shown sequential growth over recent periods, continuing an upward trend.
Quarterly comparison
The increase from the prior quarter was positive, and the gain from the same quarter a year ago was also positive.
What to watch
The company's cash and equivalents decreased from the prior year, partly due to a payment related to the National Opioid Settlement Agreement as noted in the filing.