Xylem (XYL) Revenue — Quarter Ended Mar 31, 2023
Revenue for the reported quarter increased compared to the same period a year earlier. However, it declined relative to the immediately preceding quarter, marking a sequential downturn.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the reported quarter increased compared to the same period a year earlier. However, it declined relative to the immediately preceding quarter, marking a sequential downturn.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
-3.9%
Change from the immediately preceding quarter.
Year-over-year
+13.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
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 |
|---|---|---|
| Jun 30, 2022 | $1.4B | +17.6% |
| Sep 30, 2022 | $1.4B | +9.1% |
| Dec 31, 2022 | $1.5B | +13.8% |
| Mar 31, 2023 | $1.4B | +13.8% |
Revenue performance
The company reported higher revenue for the quarter than in the corresponding period last year, continuing a pattern of year-over-year growth.
Quarterly comparison
Revenue decreased from the immediately preceding quarter, which had been the largest in the recent four-quarter period. Compared with the same quarter one year earlier, revenue increased, maintaining the year-over-year growth seen in each of the prior three quarters.
What to watch
The sequential decline in revenue stands in contrast to the consistent year-over-year growth observed in the prior three quarters.