Entergy (ETR) Revenue — Quarter Ended Jun 30, 2023
Revenue declined in the current quarter compared to both the preceding quarter and the same quarter a year ago. The trailing twelve‑month revenue level indicates sustained pressure on the top line over the longer period.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined in the current quarter compared to both the preceding quarter and the same quarter a year ago. The trailing twelve‑month revenue level indicates sustained pressure on the top line over the longer period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
-4.5%
Change from the immediately preceding quarter.
Year-over-year
-16.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.3B
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 |
|---|---|---|
| Sep 30, 2022 | $4.2B | +25.8% |
| Dec 31, 2022 | $3.3B | +20.2% |
| Mar 31, 2023 | $3B | +3.6% |
| Jun 30, 2023 | $2.8B | -16.2% |
Revenue performance
The reported revenue moved downward from the immediately prior quarter, marking a sequential decline. The year‑over‑year comparison also showed a decrease relative to the same quarter one year earlier.
Quarterly comparison
Sequentially, revenue fell after three consecutive quarters of growth. Compared with the same period a year ago, the decrease was notably larger than the prior sequential change, reflecting a sharper year‑over‑year contraction.
What to watch
The reversal from prior growth to a sequential decline warrants close observation in upcoming filings.