Hilton Worldwide Holdings (HLT) Revenue — Quarter Ended Mar 31, 2023
Revenue for the current quarter decreased compared to the immediately preceding quarter, but increased compared to the same quarter one year earlier. The sequential decline contrasts with the strong year-over-year growth.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the current quarter decreased compared to the immediately preceding quarter, but increased compared to the same quarter one year earlier. The sequential decline contrasts with the strong year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3B
Revenue reported for this quarter.
Quarter-over-quarter
-6.2%
Change from the immediately preceding quarter.
Year-over-year
+33.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.3B
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, 2022 | $2.2B | +68.5% |
| Sep 30, 2022 | $2.4B | +35.4% |
| Dec 31, 2022 | $2.4B | +33.1% |
| Mar 31, 2023 | $2.3B | +33.2% |
Revenue performance
The company reported lower revenue for this quarter relative to the prior quarter, while the year-over-year comparison showed a significant increase.
Quarterly comparison
Compared to the prior quarter, revenue was down. When measured against the same quarter a year ago, revenue was substantially higher.
What to watch
The quarter-over-quarter decline warrants attention given the sustained year-over-year growth trend.