PG&E (PCG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to the same period last year. The reported revenue also rose relative to the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to the same period last year. The reported revenue also rose relative to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
+11.3%
Change from the immediately preceding quarter.
Year-over-year
+9.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.8B
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 |
|---|---|---|
| Dec 31, 2022 | $5.4B | +2.4% |
| Mar 31, 2023 | $6.2B | +7.1% |
| Jun 30, 2023 | $5.3B | +3.4% |
| Sep 30, 2023 | $5.9B | +9.2% |
Revenue performance
The company reported higher revenue for the quarter, continuing a pattern of year-over-year growth seen in recent periods.
Quarterly comparison
Revenue improved compared to both the prior quarter and the same quarter a year earlier. The sequential increase followed a decline in the preceding quarter, while the year-over-year gain was consistent with the prior year's comparable period.
What to watch
Monitor whether the sequential revenue growth can be sustained in the coming quarters.