State Street (STT) Revenue — Quarter Ended Sep 30, 2024
Revenue for this quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The reported figures reflect a continuation of the upward trend observed in recent periods.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for this quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The reported figures reflect a continuation of the upward trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+21.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.6B
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 |
|---|---|---|
| Dec 31, 2023 | $3B | -3.5% |
| Mar 31, 2024 | $3.1B | +1.2% |
| Jun 30, 2024 | $3.2B | +2.6% |
| Sep 30, 2024 | $3.3B | +21.1% |
Revenue performance
Revenue was higher than the prior quarter, marking another sequential gain. The year-over-year comparison showed a substantial increase.
Quarterly comparison
The quarter's revenue growth was in line with the sequential improvements seen in the preceding quarters. When measured against the same period one year earlier, revenue was significantly higher.
What to watch
The sustainability of the revenue growth trend warrants attention in the coming quarters.