Sempra (SRE) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to the immediately preceding quarter. However, it declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to the immediately preceding quarter. However, it declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
+19.4%
Change from the immediately preceding quarter.
Year-over-year
-3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.8B
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 |
|---|---|---|
| Mar 31, 2024 | $3.7B | -37.2% |
| Jun 30, 2024 | $2.5B | -14.1% |
| Sep 30, 2024 | $2.6B | -11.2% |
| Dec 31, 2024 | $3.1B | -3.3% |
Revenue performance
The reported revenue rose from the prior quarter, reversing the sequential decline seen in the previous period. The year-over-year comparison remained negative, continuing the trend of lower revenue versus the same quarter a year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a significant increase. In contrast, when measured against the same quarter one year earlier, revenue was lower.
What to watch
Monitor whether the sequential revenue improvement can be sustained in upcoming quarters.