Pentair (PNR) Revenue — Quarter Ended Sep 30, 2024
Revenue for the current quarter declined from both the prior quarter and the same quarter last year. The sequential decrease was more pronounced than the year-over-year drop.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the current quarter declined from both the prior quarter and the same quarter last year. The sequential decrease was more pronounced than the year-over-year drop.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$993.4M
Revenue reported for this quarter.
Quarter-over-quarter
-9.6%
Change from the immediately preceding quarter.
Year-over-year
-1.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.1B
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 | $984.6M | -1.8% |
| Mar 31, 2024 | $1B | -1.1% |
| Jun 30, 2024 | $1.1B | +1.6% |
| Sep 30, 2024 | $993.4M | -1.5% |
Revenue performance
Revenue contracted in the quarter, falling from the previous reporting period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell substantially. On a year-over-year basis, revenue was slightly lower than the year-ago period.
What to watch
The notable sequential decline may be a focus when the next quarter's results are released.