Constellation Energy (CEG) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the current quarter compared to the prior quarter. The year-over-year comparison also showed growth.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the current quarter compared to the prior quarter. The year-over-year comparison also showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.8B
Revenue reported for this quarter.
Quarter-over-quarter
+30.7%
Change from the immediately preceding quarter.
Year-over-year
+4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.8B
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 | $5.5B | +31.6% |
| Sep 30, 2022 | $6.1B | +37.3% |
| Dec 31, 2022 | $4.5B | +42.3% |
| Mar 31, 2023 | $5.8B | +4.3% |
Revenue performance
The reported revenue for the quarter was higher than the immediately preceding quarter. This marks a continuation of the upward trend seen in recent quarters.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also increased. The sequential and year-over-year comparisons both reflect positive revenue direction.
What to watch
Monitor whether the revenue growth rate sustains in upcoming quarters given the recent variability in quarterly changes.