The Procter & Gamble (PG) Revenue — Quarter Ended Mar 31, 2023
Revenue declined in the most recent quarter compared to the immediate prior quarter. However, revenue grew relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q3
Revenue declined in the most recent quarter compared to the immediate prior quarter. However, revenue grew relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$20.1B
Revenue reported for this quarter.
Quarter-over-quarter
-3.4%
Change from the immediately preceding quarter.
Year-over-year
+3.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$81B
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 | $19.5B | +3.0% |
| Sep 30, 2022 | $20.6B | +1.3% |
| Dec 31, 2022 | $20.8B | -0.9% |
| Mar 31, 2023 | $20.1B | +3.5% |
Revenue performance
The company reported a decrease in revenue from the previous quarter, marking a sequential decline. Despite the dip, the year-over-year comparison showed an increase.
Quarterly comparison
Compared to the preceding quarter, revenue was lower. In contrast, revenue was higher than the same quarter in the prior year.
What to watch
Forward-looking statements in the filing caution about risks from foreign currency fluctuations and economic volatility that could affect future results.