Pentair (PNR) Revenue — Quarter Ended Jun 30, 2023
Pentair's revenue increased this quarter, both sequentially and compared to the same period last year. The company continued to benefit from seasonal demand patterns in its end markets.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Pentair's revenue increased this quarter, both sequentially and compared to the same period last year. The company continued to benefit from seasonal demand patterns in its end markets.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+5.2%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.2B
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 | $1.1B | +8.9% |
| Dec 31, 2022 | $1B | +1.4% |
| Mar 31, 2023 | $1B | +2.9% |
| Jun 30, 2023 | $1.1B | +1.7% |
Revenue performance
Revenue rose this quarter, supported by seasonal demand trends and operational execution.
Quarterly comparison
Compared to the prior quarter, revenue improved significantly, and it also grew modestly versus the same quarter a year ago.
What to watch
Interest expense increased substantially, which may affect net income in future periods.