Keurig Dr Pepper (KDP) Revenue — Quarter Ended Mar 31, 2023
Revenue for the reporting quarter decreased compared to the immediately preceding quarter, but increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the reporting quarter decreased compared to the immediately preceding quarter, but increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
-11.8%
Change from the immediately preceding quarter.
Year-over-year
+8.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.3B
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 | $3.6B | +13.2% |
| Sep 30, 2022 | $3.6B | +11.4% |
| Dec 31, 2022 | $3.8B | +12.1% |
| Mar 31, 2023 | $3.4B | +8.9% |
Revenue performance
The quarterly revenue was lower than in the prior quarter, reflecting a sequential decline.
Quarterly comparison
Compared to the same quarter a year ago, revenue was higher, indicating year-over-year growth.
What to watch
Monitor whether the sequential revenue decline continues in upcoming quarters.