Keurig Dr Pepper (KDP) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter was higher than the prior quarter and showed a notable increase compared to the same quarter last year. The company's filing context highlights ongoing gross margin enhancement strategies and new distribution partnerships.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter was higher than the prior quarter and showed a notable increase compared to the same quarter last year. The company's filing context highlights ongoing gross margin enhancement strategies and new distribution partnerships.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+5.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.8B
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 |
|---|---|---|
| Dec 31, 2022 | $3.8B | +12.1% |
| Mar 31, 2023 | $3.4B | +8.9% |
| Jun 30, 2023 | $3.8B | +6.6% |
| Sep 30, 2023 | $3.8B | +5.1% |
Revenue performance
Reported revenue increased relative to the immediately preceding quarter, continuing a pattern of sequential growth. The year-over-year comparison also reflected a solid gain.
Quarterly comparison
Compared to the prior quarter, revenue moved higher, and versus the same quarter one year earlier, revenue was also up. The filing context mentions productivity initiatives and partner distribution agreements as part of the company's strategy.
What to watch
Monitor the impact of gross margin enhancement strategies and new distribution agreements on future revenue trends.