Comcast (CMCSA) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reported quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The decline from the prior quarter reflects a reversal of the growth seen in the previous period.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reported quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The decline from the prior quarter reflects a reversal of the growth seen in the previous period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$30.1B
Revenue reported for this quarter.
Quarter-over-quarter
-1.3%
Change from the immediately preceding quarter.
Year-over-year
+0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$120.9B
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 | $30.6B | +0.7% |
| Mar 31, 2023 | $29.7B | -4.3% |
| Jun 30, 2023 | $30.5B | +1.7% |
| Sep 30, 2023 | $30.1B | +0.9% |
Revenue performance
The reported revenue direction shows a sequential decline, following a period of sequential growth in the prior quarter. Compared to the same quarter last year, revenue was higher.
Quarterly comparison
When compared to the immediately preceding quarter, revenue was lower. In contrast, revenue was higher when compared to the same quarter one year earlier.
What to watch
The sequential decline in revenue warrants attention to whether this trend continues in the upcoming quarters.