Dow (DOW) Revenue — Quarter Ended Dec 31, 2023
Revenue declined for the fourth consecutive quarter, reaching the lowest level in the reported series. The decrease moderated compared to the prior quarter but remained steep versus the same period a year ago.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined for the fourth consecutive quarter, reaching the lowest level in the reported series. The decrease moderated compared to the prior quarter but remained steep versus the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.6B
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
-10.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$44.6B
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 |
|---|---|---|
| Mar 31, 2023 | $11.9B | -22.4% |
| Jun 30, 2023 | $11.4B | -27.1% |
| Sep 30, 2023 | $10.7B | -24.0% |
| Dec 31, 2023 | $10.6B | -10.4% |
Revenue performance
Reported revenue fell from the third quarter of the same fiscal year, with the sequential decline narrowing after larger drops in earlier quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was down slightly, while the year-over-year comparison showed a much larger contraction.
What to watch
The trajectory of quarterly revenue declines has flattened sequentially; whether this signals a near-term stabilization rather than a continued trend is unclear.