The Mosaic (MOS) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined compared to the same period last year. On a sequential basis, revenue increased from the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter declined compared to the same period last year. On a sequential basis, revenue increased from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.5%
Change from the immediately preceding quarter.
Year-over-year
-33.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$15B
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 | $4.5B | +16.7% |
| Mar 31, 2023 | $3.6B | -8.1% |
| Jun 30, 2023 | $3.4B | -36.8% |
| Sep 30, 2023 | $3.5B | -33.7% |
Revenue performance
The reported revenue reflects a reversal from the prior-year level, while showing an improvement over the previous quarter's result.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. However, relative to the same quarter one year earlier, revenue was significantly lower.
What to watch
The sequential rebound follows several quarters of declining revenue, warranting attention to whether this trend can sustain.