Zoetis (ZTS) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter was slightly above the prior-year period but decreased from the immediately preceding quarter. The modest year-over-year gain was offset by a sequential decline, reflecting mixed demand trends.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter was slightly above the prior-year period but decreased from the immediately preceding quarter. The modest year-over-year gain was offset by a sequential decline, reflecting mixed demand trends.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
-2.0%
Change from the immediately preceding quarter.
Year-over-year
+0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.1B
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 | $2.1B | +5.3% |
| Sep 30, 2022 | $2B | +0.6% |
| Dec 31, 2022 | $2B | +3.7% |
| Mar 31, 2023 | $2B | +0.7% |
Revenue performance
Revenue remained essentially flat compared to the same quarter a year ago, but declined from the prior quarter.
Quarterly comparison
Compared to the same quarter a year earlier, revenue increased slightly. However, versus the preceding quarter, revenue decreased.
What to watch
Demand for certain products may remain a watch item given the company's reference to lower-than-anticipated sales of those products.