McKesson (MCK) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter a year ago. The growth was driven by broad operational strength.
Key takeaway
Quarter ended Jun 30, 2023 · FY2024 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same quarter a year ago. The growth was driven by broad operational strength.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$74.5B
Revenue reported for this quarter.
Quarter-over-quarter
+8.1%
Change from the immediately preceding quarter.
Year-over-year
+10.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$284B
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, 2022 | $70.2B | +5.4% |
| Dec 31, 2022 | $70.5B | +2.7% |
| Mar 31, 2023 | $68.9B | +4.2% |
| Jun 30, 2023 | $74.5B | +10.9% |
Revenue performance
The reported revenue reflects a sequential improvement and a stronger year-over-year increase, indicating sustained business momentum.
Quarterly comparison
Revenue rose from the immediately preceding quarter and also from the same quarter one year earlier, with the year-over-year gain outpacing the sequential change.
What to watch
Monitor whether the company can maintain this revenue growth trajectory against the backdrop of an elevated prior-year comparison.