Xylem (XYL) Revenue — Quarter Ended Sep 30, 2024
Revenue for the current reporting quarter declined sequentially but rose year over year. The mixed performance reflects a decrease from the prior quarter and an increase from the same quarter last year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the current reporting quarter declined sequentially but rose year over year. The mixed performance reflects a decrease from the prior quarter and an increase from the same quarter last year.
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
-3.0%
Change from the immediately preceding quarter.
Year-over-year
+1.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.4B
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 |
|---|---|---|
| Dec 31, 2023 | $2.1B | +40.6% |
| Mar 31, 2024 | $2B | +40.4% |
| Jun 30, 2024 | $2.2B | +26.0% |
| Sep 30, 2024 | $2.1B | +1.3% |
Revenue performance
The reported revenue direction was lower than the immediately preceding quarter, while higher than the same quarter one year earlier. This resulted in a net sequential decline despite annual growth.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. In contrast, when compared to the same quarter one year earlier, revenue increased.
What to watch
The sequential decline reversed the growth seen in the prior quarter, making the sustainability of revenue trends a point of focus.