International Paper (IP) Revenue — Quarter Ended Sep 30, 2023
Revenue declined in the current quarter. The decrease was larger than the drop seen in the preceding quarter.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined in the current quarter. The decrease was larger than the drop seen in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.6B
Revenue reported for this quarter.
Quarter-over-quarter
-1.5%
Change from the immediately preceding quarter.
Year-over-year
-14.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.4B
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 |
|---|---|---|
| Dec 31, 2022 | $5.1B | +0.9% |
| Mar 31, 2023 | $5B | -4.1% |
| Jun 30, 2023 | $4.7B | -13.1% |
| Sep 30, 2023 | $4.6B | -14.6% |
Revenue performance
Revenue for the quarter was lower compared to the same period one year earlier. The sequential comparison also showed a decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year ago, the decline was more pronounced.
What to watch
Monitor whether the rate of year-over-year revenue decline continues to accelerate in coming quarters.