DuPont de Nemours (DD) Revenue — Quarter Ended Mar 31, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The trend over recent quarters shows a shift from earlier growth to a sustained contraction.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The trend over recent quarters shows a shift from earlier growth to a sustained contraction.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-2.8%
Change from the immediately preceding quarter.
Year-over-year
-7.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.8B
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 | $3.3B | +7.0% |
| Sep 30, 2022 | $3.3B | +3.7% |
| Dec 31, 2022 | $3.1B | -4.4% |
| Mar 31, 2023 | $3B | -7.8% |
Revenue performance
Revenue in this quarter was lower than in the immediately preceding quarter. This marks the second consecutive quarter of declining revenue.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was also lower. The year-over-year decline was steeper than the sequential decline.
What to watch
Given the deepening year-over-year decline, monitor whether revenue can stabilize in coming quarters.