International Paper (IP) Revenue — Quarter Ended Mar 31, 2023
Revenue declined from both the immediately preceding quarter and the same quarter one year earlier. The filing data show lower net sales compared with the prior-year period.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined from both the immediately preceding quarter and the same quarter one year earlier. The filing data show lower net sales compared with the prior-year period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
-2.2%
Change from the immediately preceding quarter.
Year-over-year
-4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.9B
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 | $5.4B | +13.0% |
| Sep 30, 2022 | $5.4B | +9.9% |
| Dec 31, 2022 | $5.1B | +0.9% |
| Mar 31, 2023 | $5B | -4.1% |
Revenue performance
Net sales for the quarter were reported lower than in the same three‑month period a year ago.
Quarterly comparison
Revenue decreased compared with the prior quarter and also fell relative to the same quarter of the prior year.
What to watch
A sustained revenue decline across consecutive quarters could signal demand weakness.