Sempra (SRE) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared with the same period a year ago and also rose sequentially from the prior quarter. The company reported a higher top line.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased compared with the same period a year ago and also rose sequentially from the prior quarter. The company reported a higher top line.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
+51.2%
Change from the immediately preceding quarter.
Year-over-year
+59.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.9B
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 | $3B | +22.8% |
| Sep 30, 2022 | $3.1B | +17.3% |
| Dec 31, 2022 | $3.9B | +14.0% |
| Mar 31, 2023 | $5.9B | +59.6% |
Revenue performance
The reported revenue moved upward, reflecting a strong quarterly performance.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher. When measured against the same quarter one year earlier, revenue also showed an increase.
What to watch
The magnitude of the revenue increase relative to the prior year may warrant attention in future filings.