Mondelez International (MDLZ) Revenue — Quarter Ended Sep 30, 2023
Revenue continued to grow in the third quarter, driven by higher net revenues compared to both the prior quarter and the same period last year. The company maintained strong operational performance amid a challenging macroeconomic environment.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue continued to grow in the third quarter, driven by higher net revenues compared to both the prior quarter and the same period last year. The company maintained strong operational performance amid a challenging macroeconomic environment.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9B
Revenue reported for this quarter.
Quarter-over-quarter
+6.1%
Change from the immediately preceding quarter.
Year-over-year
+16.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.4B
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 | $8.7B | +13.5% |
| Mar 31, 2023 | $9.2B | +18.1% |
| Jun 30, 2023 | $8.5B | +17.0% |
| Sep 30, 2023 | $9B | +16.3% |
Revenue performance
Net revenues increased sequentially and year over year, reflecting sustained demand and effective pricing strategies.
Quarterly comparison
Compared to the immediately preceding quarter, revenues rose, and they also exceeded the level reported in the same quarter one year earlier, indicating continued top-line expansion.
What to watch
Monitor the company's ability to sustain volume growth amid ongoing inflationary pressures and input cost volatility.