DAVITA (DVA) Revenue — Quarter Ended Mar 31, 2024
Reported total revenue increased versus the same quarter one year earlier. Compared with the immediately preceding quarter, revenue declined.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Reported total revenue increased versus the same quarter one year earlier. Compared with the immediately preceding quarter, revenue declined.
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
-2.4%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.3B
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 | $3B | +2.5% |
| Sep 30, 2023 | $3.1B | +5.9% |
| Dec 31, 2023 | $3.1B | +7.8% |
| Mar 31, 2024 | $3.1B | +6.9% |
Revenue performance
Revenue for the quarter was higher than the same period a year ago, driven by growth in both dialysis patient service revenues and other revenues.
Quarterly comparison
Sequentially, revenue fell from the prior quarter. On a year-over-year basis, revenue rose, reflecting an expansion in total revenues compared with the same quarter last year.
What to watch
The sequential revenue decline warrants attention given the prior quarter's higher total.