Equifax (EFX) Revenue — Quarter Ended Jun 30, 2023
Equifax reported revenue for the quarter that was slightly higher than the immediately preceding quarter and essentially flat compared with the same quarter one year earlier. The modest sequential improvement contrasted with declines in the prior two quarters, while the year-over-year comparison showed minimal change.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Equifax reported revenue for the quarter that was slightly higher than the immediately preceding quarter and essentially flat compared with the same quarter one year earlier. The modest sequential improvement contrasted with declines in the prior two quarters, while the year-over-year comparison showed minimal change.
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
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+0.1%
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 |
|---|---|---|
| Sep 30, 2022 | $1.2B | +1.7% |
| Dec 31, 2022 | $1.2B | -4.4% |
| Mar 31, 2023 | $1.3B | -4.5% |
| Jun 30, 2023 | $1.3B | +0.1% |
Revenue performance
Revenue for the reported quarter increased modestly from the prior quarter, reversing a pattern of declines seen in the two preceding periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose slightly. Compared with the same quarter one year earlier, revenue was essentially unchanged, reflecting a marginal year-over-year increase.
What to watch
Monitor whether the sequential improvement can be sustained given the prior quarters of decline and the flat year-over-year comparison.