CF Industries Holdings (CF) Revenue — Quarter Ended Jun 30, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The downward trajectory reflects a continuation of the trend observed in recent periods.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The downward trajectory reflects a continuation of the trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-11.8%
Change from the immediately preceding quarter.
Year-over-year
-47.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.7B
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 | $2.3B | +70.4% |
| Dec 31, 2022 | $2.6B | +2.7% |
| Mar 31, 2023 | $2B | -29.8% |
| Jun 30, 2023 | $1.8B | -47.6% |
Revenue performance
The reported revenue for the quarter decreased from the immediately preceding quarter, marking a further contraction after the prior quarter's decline.
Quarterly comparison
Compared with the same quarter one year ago, revenue was substantially lower, continuing a pattern of year-over-year declines seen in the most recent two quarters.
What to watch
Monitor whether the revenue stabilization or further decline occurs in upcoming quarters, given the sustained downward movement.