Equifax (EFX) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased sequentially and rose sharply compared to the same period a year ago. The company reported a stronger year-over-year performance than the preceding quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased sequentially and rose sharply compared to the same period a year ago. The company reported a stronger year-over-year performance than the preceding quarter.
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
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+10.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.3B
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 |
|---|---|---|
| Mar 31, 2023 | $1.3B | -4.5% |
| Jun 30, 2023 | $1.3B | +0.1% |
| Sep 30, 2023 | $1.3B | +6.0% |
| Dec 31, 2023 | $1.3B | +10.7% |
Revenue performance
Revenue was higher than both the immediately preceding quarter and the same quarter one year earlier, with the year-over-year gain being more pronounced.
Quarterly comparison
Compared to the prior quarter, revenue posted a modest increase. Relative to the same quarter a year ago, the growth rate was substantial, reflecting a continued upward trend.
What to watch
The revenue figure has remained at a similar reported level for several consecutive quarters, warranting attention to underlying growth drivers.