PPG Industries (PPG) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter decreased compared to both the immediately preceding quarter and the same quarter one year earlier. The decline was driven by lower net sales, as reflected in the reported figures.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter decreased compared to both the immediately preceding quarter and the same quarter one year earlier. The decline was driven by lower net sales, as reflected in the reported figures.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-1.2%
Change from the immediately preceding quarter.
Year-over-year
-4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
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, 2024 | $4.2B | -13.1% |
| Sep 30, 2024 | $4B | -13.2% |
| Dec 31, 2024 | $3.7B | +59.0% |
| Mar 31, 2025 | $3.7B | -4.3% |
Revenue performance
The reported revenue was lower than the prior quarter and notably below the level achieved in the same period a year ago. The sequential decline was modest, while the year-over-year drop was more substantial.
Quarterly comparison
Sequentially, revenue edged down from the preceding quarter. Compared with the same quarter one year earlier, revenue fell by a larger margin.
What to watch
Cash and short-term investments increased from the end of the prior fiscal year, a trend that may warrant attention in future periods.