Xylem (XYL) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company reported a rise in top-line performance during this period.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company reported a rise in top-line performance during this period.
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
+2.0%
Change from the immediately preceding quarter.
Year-over-year
+40.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.4B
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, 2023 | $1.4B | +13.8% |
| Jun 30, 2023 | $1.7B | +26.2% |
| Sep 30, 2023 | $2.1B | +50.4% |
| Dec 31, 2023 | $2.1B | +40.6% |
Revenue performance
The reported revenue direction was positive, with the quarterly figure coming in higher than that of the prior quarter and showing a substantial gain over the same quarter a year ago.
Quarterly comparison
Sequentially, revenue grew compared to the third quarter of the same fiscal year. On an annual basis, revenue was significantly higher than the fourth quarter of the prior fiscal year.
What to watch
The provided filing context offers a business overview but does not contain commentary specific to the revenue drivers for this quarter.