Healthpeak Properties (DOC) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reporting quarter increased compared to both the preceding quarter and the same quarter one year earlier. The sequential rise continued a recent trend of quarterly growth.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reporting quarter increased compared to both the preceding quarter and the same quarter one year earlier. The sequential rise continued a recent trend of quarterly growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$133.8M
Revenue reported for this quarter.
Quarter-over-quarter
+2.8%
Change from the immediately preceding quarter.
Year-over-year
+9.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$915.5M
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 | $524.5M | +8.5% |
| Mar 31, 2023 | $127.1M | +4.5% |
| Jun 30, 2023 | $130.2M | +3.8% |
| Sep 30, 2023 | $133.8M | +9.6% |
Revenue performance
The reported revenue rose from the prior quarter, reinforcing the positive trajectory seen in recent periods. It was also higher than the year-ago level.
Quarterly comparison
The year-over-year gain was more substantial than the quarter-over-quarter increase, reflecting stronger annual growth. The trailing twelve-month revenue remained at an elevated level.
What to watch
The pace of sequential growth, although positive, slowed relative to the year-over-year rate, which may merit monitoring in subsequent quarters.