Willis Towers Watson Public (WTW) Revenue — Quarter Ended Jun 30, 2023
Revenue for this quarter declined from the immediately preceding quarter but increased compared to the same quarter one year earlier. The trailing twelve-month revenue remained elevated.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for this quarter declined from the immediately preceding quarter but increased compared to the same quarter one year earlier. The trailing twelve-month revenue remained elevated.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-3.9%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.9B
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, 2022 | $1.9B | -1.7% |
| Dec 31, 2022 | $2.7B | -0.8% |
| Mar 31, 2023 | $2.2B | +2.5% |
| Jun 30, 2023 | $2.1B | +7.3% |
Revenue performance
The quarter's revenue moved lower sequentially, contrasting with the prior quarter's growth.
Quarterly comparison
Sequentially, revenue decreased from the prior quarter. Year over year, revenue rose compared to the same period last year.
What to watch
The sequential revenue decline is a point to monitor for any continuation or reversal in upcoming quarters.