DAVITA (DVA) Revenue — Quarter Ended Jun 30, 2023
Total revenue increased in the latest quarter. The rise reflects higher dialysis patient service revenues and a slight uptick in other revenues.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Total revenue increased in the latest quarter. The rise reflects higher dialysis patient service revenues and a slight uptick in other revenues.
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
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.7B
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 | $2.9B | +0.4% |
| Dec 31, 2022 | $2.9B | -0.9% |
| Mar 31, 2023 | $2.9B | +2.0% |
| Jun 30, 2023 | $3B | +2.5% |
Revenue performance
Revenue rose compared with the immediately preceding quarter and also surpassed the level from the same quarter a year earlier. The sequential improvement continued a trend of modest quarter-over-quarter growth seen in prior periods.
Quarterly comparison
The sequential increase from the previous quarter was larger than the year-over-year gain, indicating a pickup in quarterly momentum. The trailing twelve-month revenue also advanced, reinforcing the positive direction.
What to watch
Lower operating income and higher debt expense in the quarter may warrant attention alongside the revenue growth.