Invesco (IVZ) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared with both the prior quarter and the same quarter last year. The growth was moderate sequentially and stronger on an annual basis.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared with both the prior quarter and the same quarter last year. The growth was moderate sequentially and stronger on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.5%
Change from the immediately preceding quarter.
Year-over-year
+2.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.8B
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, 2023 | $1.4B | -0.3% |
| Dec 31, 2023 | $1.4B | -2.1% |
| Mar 31, 2024 | $1.5B | +4.0% |
| Jun 30, 2024 | $1.5B | +2.8% |
Revenue performance
The reported revenue moved higher, continuing the upward trend from the preceding quarter. The top line showed a modest sequential gain and a more substantial year-over-year improvement.
Quarterly comparison
Compared with the immediately preceding quarter, revenue edged up. Versus the same quarter one year earlier, the increase was more pronounced.
What to watch
Future revenue performance may be influenced by shifts in assets under management.