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JNJ
Quarter ended Mar 31, 2024 · FY2024 Q1

Johnson & Johnson (JNJ) Revenue — Quarter Ended Mar 31, 2024

Revenue for the quarter was essentially flat compared to the immediately preceding quarter. Compared to the same quarter one year earlier, revenue increased.

Key takeaway

Quarter ended Mar 31, 2024 · FY2024 Q1

Revenue for the quarter was essentially flat compared to the immediately preceding quarter. Compared to the same quarter one year earlier, revenue increased.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$21.4B

Revenue reported for this quarter.

Quarter-over-quarter

-0.1%

Change from the immediately preceding quarter.

Year-over-year

+2.3%

Change from the comparable year-ago quarter.

Trailing four quarters

$85.6B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jul 2, 2023$21.5B-22.0%
Oct 1, 2023$21.4B+69.4%
Dec 31, 2023$21.4B+7.3%
Mar 31, 2024$21.4B+2.3%

Revenue performance

The reported revenue direction was stable, with no material change from the prior quarter. The year-over-year comparison showed an increase.

Quarterly comparison

Revenue was nearly unchanged from the immediately preceding quarter. Compared to the same quarter one year ago, revenue was higher.

What to watch

The filing context does not provide specific causes for the revenue changes.