Cardinal Health (CAH) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease from the prior quarter was more pronounced than the year-over-year decline.
Key takeaway
Quarter ended Sep 30, 2024 · FY2025 Q1
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease from the prior quarter was more pronounced than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$52.3B
Revenue reported for this quarter.
Quarter-over-quarter
-12.7%
Change from the immediately preceding quarter.
Year-over-year
-4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$224.5B
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 | $57.4B | +11.6% |
| Mar 31, 2024 | $54.9B | +8.7% |
| Jun 30, 2024 | $59.9B | +12.1% |
| Sep 30, 2024 | $52.3B | -4.3% |
Revenue performance
The reported revenue direction is downward, marking a reversal from the positive growth seen in the prior three quarters.
Quarterly comparison
Compared to the preceding quarter, revenue fell sharply. On a year-over-year basis, revenue also decreased, though by a smaller margin.
What to watch
The revenue decline breaks a streak of year-over-year increases, warranting attention to future quarterly trends.