Cardinal Health (CAH) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reporting quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's trailing twelve-month revenue also showed growth.
Key takeaway
Quarter ended Sep 30, 2023 · FY2024 Q1
Revenue for the reporting quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's trailing twelve-month revenue also showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$54.7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+10.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$210B
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, 2022 | $51.5B | +13.2% |
| Mar 31, 2023 | $50.5B | +12.6% |
| Jun 30, 2023 | $53.4B | +13.5% |
| Sep 30, 2023 | $54.7B | +10.2% |
Revenue performance
The reported revenue rose from the prior quarter, continuing an upward trend seen in recent periods.
Quarterly comparison
Compared to the same quarter last year, revenue was higher, and the sequential increase from the preceding quarter was also positive.
What to watch
Cash and equivalents declined from the end of the prior quarter, reflecting share repurchases and opioid settlement payments.