Keurig Dr Pepper (KDP) Revenue — Quarter Ended Sep 30, 2024
Revenue for this quarter fell slightly from the prior quarter but rose compared to the same quarter a year ago. The sequential decline was narrow, while the annual comparison showed growth.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for this quarter fell slightly from the prior quarter but rose compared to the same quarter a year ago. The sequential decline was narrow, while the annual comparison showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.8%
Change from the immediately preceding quarter.
Year-over-year
+2.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.1B
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, 2023 | $3.9B | +1.7% |
| Mar 31, 2024 | $3.5B | +3.4% |
| Jun 30, 2024 | $3.9B | +3.5% |
| Sep 30, 2024 | $3.9B | +2.3% |
Revenue performance
The quarter's revenue experienced a small sequential decrease. Year over year, however, revenue was higher, indicating underlying strength.
Quarterly comparison
When set against the immediately preceding quarter, revenue was marginally lower. In comparison to the same quarter one year earlier, revenue increased.
What to watch
It will be important to see if the sequential trend reverses in the coming quarter.