Realty Income (O) Revenue — Quarter Ended Mar 31, 2023
Revenue increased from the prior quarter and from the same quarter a year earlier. The company delivered solid top-line growth during the period.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased from the prior quarter and from the same quarter a year earlier. The company delivered solid top-line growth during the period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$944.4M
Revenue reported for this quarter.
Quarter-over-quarter
+6.3%
Change from the immediately preceding quarter.
Year-over-year
+17.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.5B
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 |
|---|---|---|
| Jun 30, 2022 | $810.4M | +74.9% |
| Sep 30, 2022 | $837.3M | +70.9% |
| Dec 31, 2022 | $888.7M | +29.7% |
| Mar 31, 2023 | $944.4M | +17.0% |
Revenue performance
Revenue for the quarter was higher than both the immediately preceding quarter and the year-ago quarter. This marks another period of growth for the company.
Quarterly comparison
Revenue increased compared to the prior quarter. The year-over-year comparison also showed a significant rise, indicating sustained performance.
What to watch
The pace of revenue growth has slowed compared to earlier quarters, warranting attention in future periods.