PG&E (PCG) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined slightly from the prior quarter but rose modestly compared with the same period a year earlier. The sequential decrease reflects a typical seasonal pattern, while the year-over-year gain indicates sustained demand.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined slightly from the prior quarter but rose modestly compared with the same period a year earlier. The sequential decrease reflects a typical seasonal pattern, while the year-over-year gain indicates sustained demand.
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
-0.8%
Change from the immediately preceding quarter.
Year-over-year
+0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.8B
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, 2023 | $7B | +31.1% |
| Mar 31, 2024 | $5.9B | -5.6% |
| Jun 30, 2024 | $6B | +13.2% |
| Sep 30, 2024 | $5.9B | +0.9% |
Revenue performance
Revenue edged lower from the preceding quarter, marking a modest sequential contraction. The slight uptick from the year-ago period points to steady operational momentum.
Quarterly comparison
Compared with the immediately prior quarter, revenue decreased, reversing the prior quarter’s growth. Relative to the same quarter one year earlier, revenue increased, continuing a positive year-over-year trajectory.
What to watch
Monitor whether revenue can maintain its year-over-year growth amid normal seasonal fluctuations.