Chubb (CB) Revenue — Quarter Ended Mar 31, 2023
Revenue declined from the prior quarter but increased compared to the same quarter last year. The sequential decrease follows a period of growth in earlier quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined from the prior quarter but increased compared to the same quarter last year. The sequential decrease follows a period of growth in earlier quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$11.1B
Revenue reported for this quarter.
Quarter-over-quarter
-3.4%
Change from the immediately preceding quarter.
Year-over-year
+14.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$44.5B
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 |
|---|---|---|
| Jun 30, 2022 | $9.9B | +2.5% |
| Sep 30, 2022 | $12.1B | +11.8% |
| Dec 31, 2022 | $11.4B | +10.1% |
| Mar 31, 2023 | $11.1B | +14.8% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, reflecting a sequential contraction.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, indicating year-over-year growth despite the sequential decline.
What to watch
The sequential decline after a period of growth may be a point to monitor in future filings.