State Street (STT) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter ended June 30, 2024 increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential gain followed a period of year-over-year declines in the prior two quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter ended June 30, 2024 increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential gain followed a period of year-over-year declines in the prior two quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+2.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.1B
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, 2023 | $2.7B | -9.1% |
| Dec 31, 2023 | $3B | -3.5% |
| Mar 31, 2024 | $3.1B | +1.2% |
| Jun 30, 2024 | $3.2B | +2.6% |
Revenue performance
Revenue rose in the current quarter, marking a continuation of the upward trend from the prior quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased; relative to the same quarter one year earlier, revenue also showed growth.
What to watch
Revenue has now increased year-over-year for two consecutive quarters, following prior year-over-year declines.