O'Reilly Automotive (ORLY) Revenue — Quarter Ended Mar 31, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential quarterly change.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential quarterly change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+12.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.8B
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 | $3.7B | +5.9% |
| Sep 30, 2022 | $3.8B | +9.2% |
| Dec 31, 2022 | $3.6B | +10.7% |
| Mar 31, 2023 | $3.7B | +12.5% |
Revenue performance
The reported revenue moved upward from the immediately preceding quarter. The year-over-year comparison also showed an increase, with a larger magnitude than the sequential change.
Quarterly comparison
Revenue rose compared to the prior quarter and was also higher than the same quarter one year earlier. The year-over-year gain was more pronounced than the sequential improvement.
What to watch
The sequential revenue growth was modest relative to the strong year-over-year performance, suggesting a potential moderation in the pace of expansion.