Ingersoll Rand (IR) Revenue — Quarter Ended Dec 31, 2023
Revenue increased compared to the previous quarter and the same quarter last year. The sequential growth continued the pattern of rising quarterly revenue over the past four quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased compared to the previous quarter and the same quarter last year. The sequential growth continued the pattern of rising quarterly revenue over the past four quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+12.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.9B
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 |
|---|---|---|
| Mar 31, 2023 | $1.6B | +21.9% |
| Jun 30, 2023 | $1.7B | +17.1% |
| Sep 30, 2023 | $1.7B | +14.7% |
| Dec 31, 2023 | $1.8B | +12.2% |
Revenue performance
The current quarter's revenue was higher than the immediately preceding quarter, maintaining the upward trajectory seen in recent quarters.
Quarterly comparison
Compared to the prior quarter, revenue rose. Compared to the same quarter one year earlier, revenue also rose.
What to watch
The year-over-year growth rate has declined sequentially over the past four quarters.