Equifax (EFX) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased from the immediately preceding period. Compared with the same quarter one year earlier, revenue declined.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased from the immediately preceding period. Compared with the same quarter one year earlier, revenue declined.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+8.7%
Change from the immediately preceding quarter.
Year-over-year
-4.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.1B
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, 2022 | $1.3B | +6.6% |
| Sep 30, 2022 | $1.2B | +1.7% |
| Dec 31, 2022 | $1.2B | -4.4% |
| Mar 31, 2023 | $1.3B | -4.5% |
Revenue performance
The reported revenue rose relative to the prior quarter, reversing the sequential decline seen in the previous period. The year-over-year comparison shows a decrease from the same quarter one year ago.
Quarterly comparison
Quarter revenue was above the level of the preceding quarter, which had decreased from its own prior period. Revenue was below the level achieved in the same quarter one year earlier.
What to watch
The year-over-year decline persists despite the sequential recovery, suggesting further attention to revenue trends is warranted.