DuPont de Nemours (DD) Revenue — Quarter Ended Mar 31, 2024
Revenue increased dramatically from the preceding quarter but decreased substantially compared to the same quarter last year. The sequential improvement contrasts with the persistent year-over-year decline.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased dramatically from the preceding quarter but decreased substantially compared to the same quarter last year. The sequential improvement contrasts with the persistent year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+162.6%
Change from the immediately preceding quarter.
Year-over-year
-47.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
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, 2023 | $3.1B | -6.9% |
| Sep 30, 2023 | $3.1B | -7.8% |
| Dec 31, 2023 | -$2.6B | -182.3% |
| Mar 31, 2024 | $1.6B | -47.0% |
Revenue performance
The reported revenue reflects a sizable sequential recovery, yet it remains well below the level seen a year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose sharply. However, relative to the same quarter one year earlier, revenue fell considerably.
What to watch
Monitor whether the sequential revenue growth can continue in upcoming quarters to reverse the year-over-year decline.