Realty Income (O) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared with the prior quarter. Revenue also grew compared with the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared with the prior quarter. Revenue also grew compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+6.3%
Change from the immediately preceding quarter.
Year-over-year
+31.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.7B
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, 2023 | $1B | +24.1% |
| Dec 31, 2023 | $1.1B | +21.1% |
| Mar 31, 2024 | $1.3B | +33.5% |
| Jun 30, 2024 | $1.3B | +31.4% |
Revenue performance
The reported revenue reflects a sequential rise from the immediately preceding quarter. On an annual basis, revenue was substantially higher than the same quarter last year.
Quarterly comparison
Compared with the prior quarter, the upward trend continues. Compared with the same period one year ago, the expansion is more pronounced.
What to watch
Monitor whether the pace of revenue growth can be sustained in the coming quarters.