Honeywell International (HON) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter increased compared to the immediately preceding quarter and also rose relative to the same quarter one year earlier. The sequential growth marks a reversal from the prior quarter's decline.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter increased compared to the immediately preceding quarter and also rose relative to the same quarter one year earlier. The sequential growth marks a reversal from the prior quarter's decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.1B
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
+2.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.1B
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 | $9B | +5.6% |
| Dec 31, 2022 | $9.2B | +6.1% |
| Mar 31, 2023 | $8.9B | +5.8% |
| Jun 30, 2023 | $9.1B | +2.2% |
Revenue performance
Reported revenue moved higher, reflecting positive momentum against both the prior quarter and the prior year period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. Compared with the same quarter one year earlier, revenue was also higher.
What to watch
The trend table shows revenue has fluctuated over the past four quarters, making the sustainability of this quarter's sequential increase a point of attention.