Viatris (VTRS) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to both the previous quarter and the same quarter last year. The downward trend has persisted throughout the fiscal year, with each successive quarter showing a steeper year-over-year decline.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to both the previous quarter and the same quarter last year. The downward trend has persisted throughout the fiscal year, with each successive quarter showing a steeper year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.5B
Revenue reported for this quarter.
Quarter-over-quarter
-6.0%
Change from the immediately preceding quarter.
Year-over-year
-8.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
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 |
|---|---|---|
| Mar 31, 2024 | $3.7B | -1.8% |
| Jun 30, 2024 | $3.8B | -3.2% |
| Sep 30, 2024 | $3.7B | -5.0% |
| Dec 31, 2024 | $3.5B | -8.1% |
Revenue performance
Revenue decreased from the prior quarter and from the same quarter a year earlier, continuing a pattern of sequential and year-over-year contraction.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower; compared to the same quarter one year earlier, revenue was also lower. The year-over-year decline in this quarter was the largest among all four quarters of the fiscal year.
What to watch
Revenue has decreased year-over-year in each quarter of the fiscal year, with the rate of decline accelerating in the latest period.