State Street (STT) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased compared to the immediately preceding quarter and also rose relative to the same quarter one year earlier. The result marks a continuation of improvement from a dip in prior periods.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased compared to the immediately preceding quarter and also rose relative to the same quarter one year earlier. The result marks a continuation of improvement from a dip in prior periods.
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
+3.1%
Change from the immediately preceding quarter.
Year-over-year
+1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
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, 2023 | $3.1B | +5.3% |
| Sep 30, 2023 | $2.7B | -9.1% |
| Dec 31, 2023 | $3B | -3.5% |
| Mar 31, 2024 | $3.1B | +1.2% |
Revenue performance
Revenue grew in the quarter, reflecting a positive direction.
Quarterly comparison
Revenue was higher than the immediately preceding quarter. Revenue also increased compared with the same quarter one year ago.
What to watch
Revenue growth has been uneven over the past several quarters, warranting attention to future trends.