DuPont de Nemours (DD) Revenue — Quarter Ended Jun 30, 2023
Revenue in the reported quarter increased compared with the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential improvement reversed a prior period drop, while the year-over-year comparison continued a pattern of contraction.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue in the reported quarter increased compared with the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential improvement reversed a prior period drop, while the year-over-year comparison continued a pattern of contraction.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
+2.5%
Change from the immediately preceding quarter.
Year-over-year
-6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.5B
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 | $3.3B | +3.7% |
| Dec 31, 2022 | $3.1B | -4.4% |
| Mar 31, 2023 | $3B | -7.8% |
| Jun 30, 2023 | $3.1B | -6.9% |
Revenue performance
Revenue rose from the prior quarter, marking a positive sequential move after a previous decline. However, the top line remained below the level achieved in the same quarter of the prior year.
Quarterly comparison
Compared with the preceding quarter, revenue improved. Compared with the same quarter one year earlier, revenue was lower.
What to watch
The year-over-year decline, despite the sequential uptick, suggests the revenue level remains under pressure from prior-year comparatives.