PG&E (PCG) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter declined compared to the prior quarter. On a year-over-year basis, revenue increased relative to the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter declined compared to the prior quarter. On a year-over-year basis, revenue increased relative to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.3B
Revenue reported for this quarter.
Quarter-over-quarter
-14.8%
Change from the immediately preceding quarter.
Year-over-year
+3.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.3B
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, 2022 | $5.4B | -1.3% |
| Dec 31, 2022 | $5.4B | +2.4% |
| Mar 31, 2023 | $6.2B | +7.1% |
| Jun 30, 2023 | $5.3B | +3.4% |
Revenue performance
The reported revenue moved lower from the immediately preceding quarter. The sequential decline contrasts with the year-ago increase.
Quarterly comparison
Compared with the prior quarter, revenue decreased. Compared with the same quarter one year earlier, revenue rose.
What to watch
The sequential revenue decline may warrant attention given the year-ago growth.