C.H. Robinson Worldwide (CHRW) Revenue — Quarter Ended Sep 30, 2023
Revenue declined compared to the immediately preceding quarter and was substantially lower than the same quarter one year earlier. The trend shows continued contraction over recent quarters.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined compared to the immediately preceding quarter and was substantially lower than the same quarter one year earlier. The trend shows continued contraction over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
-1.8%
Change from the immediately preceding quarter.
Year-over-year
-27.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$18.4B
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 | $5.1B | -22.1% |
| Mar 31, 2023 | $4.6B | -32.3% |
| Jun 30, 2023 | $4.4B | -35.0% |
| Sep 30, 2023 | $4.3B | -27.8% |
Revenue performance
Revenue for the quarter decreased from the prior quarter, extending the pattern of sequential declines.
Quarterly comparison
Compared with the same quarter one year ago, revenue was sharply lower. The sequential decline from the prior quarter was more modest.
What to watch
Revenue has declined in each of the past four consecutive quarters.