Textron (TXT) Revenue — Quarter Ended Dec 30, 2023
Revenue increased in the reporting quarter, driven by a sequential rise from the prior quarter and a year-over-year gain. The trailing twelve-month revenue also reflected this growth.
Key takeaway
Quarter ended Dec 30, 2023 · FY2023 Q4
Revenue increased in the reporting quarter, driven by a sequential rise from the prior quarter and a year-over-year gain. The trailing twelve-month revenue also reflected this growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+16.4%
Change from the immediately preceding quarter.
Year-over-year
+7.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.7B
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 |
|---|---|---|
| Apr 1, 2023 | $3B | +0.8% |
| Jul 1, 2023 | $3.4B | +8.6% |
| Sep 30, 2023 | $3.3B | +8.6% |
| Dec 30, 2023 | $3.9B | +7.0% |
Revenue performance
The quarter's revenue performance contributed to a higher trailing twelve-month revenue figure. The growth rate on a year-over-year basis was positive but lower than the rates observed in the preceding two quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue also increased.
What to watch
The moderation in the year-over-year growth rate relative to the prior two quarters will be a point to monitor.