Rockwell Automation (ROK) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter declined from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease followed a period of strong growth in the preceding quarter.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q3
Revenue for the quarter declined from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease followed a period of strong growth in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
-1.6%
Change from the immediately preceding quarter.
Year-over-year
+13.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.6B
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 | $2.1B | +17.6% |
| Dec 31, 2022 | $2B | +6.7% |
| Mar 31, 2023 | $2.3B | +25.8% |
| Jun 30, 2023 | $2.2B | +13.7% |
Revenue performance
The reported revenue moved lower sequentially, reversing the prior quarter's increase. On a year-over-year basis, revenue continued to show growth.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter one year earlier, revenue increased.
What to watch
The sequential decline in revenue warrants attention given the prior quarter's strong growth.