TransDigm Group (TDG) Revenue — Quarter Ended Mar 30, 2024
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The growth rate versus the prior year was notably higher than the sequential change.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The growth rate versus the prior year was notably higher than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+7.3%
Change from the immediately preceding quarter.
Year-over-year
+20.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.3B
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 |
|---|---|---|
| Jul 1, 2023 | $1.7B | +24.7% |
| Sep 30, 2023 | $1.9B | +22.6% |
| Dec 30, 2023 | $1.8B | +28.1% |
| Mar 30, 2024 | $1.9B | +20.5% |
Revenue performance
The reported revenue rose from the previous quarter and also from the year-ago period, indicating sustained growth. The year-over-year increase was more pronounced than the sequential gain.
Quarterly comparison
Compared with the preceding quarter, revenue was higher. When measured against the same quarter one year earlier, revenue also showed an increase, with that growth rate exceeding the sequential change.
What to watch
The filing discusses the company's capital structure and debt obligations, which may warrant attention in future periods.