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Professional Services Industry Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Professional Services Industry 3 Q 2 Q 1 Q 4 Q 3 Q
  2023 2023 2023 FY 2022 2022
Y / Y Revenue Quarterly Growth 6.7 % 5.2 % 0.9 % - 11.81 %
Seq. Revenue Quarterly Growth -1.64 % 6.17 % - - -2.94 %
Overall Ranking Y/Y # 28 # 26 # 45 # 105 # 41
Y / Y Revenue Annual Growth (at the end of Fiscal Year) -13.38 %
Y / Y Revenue Growth (Annual by Quarter Ending) -23.74 % -22.47 % -15.69 % -13.38 % 24.75 %
Seq. Revenue Growth (Annual by Quarter Ending) 2.54 % 1.7 % -1.55 % -23 % 2.48 %
Overall Ranking Y/Y (Annual) # 96 # 100 # 102 # 101 # 29

New: More Professional Services Industrys' historic Revenue growth >>


Revenue growth Comment
Professional Services Industry's pace of Revenue growth in 3 Q 2023 accelerated to 6.7 % year on year, but remained below Industry average.

Sequentially Revenue fell by -1.64 %.

Within Services sector 7 other industries have accomplished higher Revenue growth. Revenue increase overall ranking has deteriorated compared to the previous quarter from 26 to 28.

 

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.



Revenue Y/Y Growth Statistics
High
Average
Low
35.78 % 7.83 % -23.17 %
3. quarter 2015
  
3. quarter 2016

Industry Revenue Y/Y Growth Ranking
Within: No.
Services Sector # 8
Overall Market # 28



Annual Basis Professional Services Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
28.76 % 6.01 % -23.74 %
1. quarter 2022
  
3. quarter 2023

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Professional Services Industry faced contraction in cumulative twelve months Revenue by -23.74 % in 3 Q 2023 year on year.

Sequentially TTM Revenue grew by 2.54 %.

Within Services sector 15 other industries have achieved higher Revenue growth. Revenue growth total ranking has improved so far to 96, from total ranking in the previous quarter at 100.

Industry Revenue Y/Y Growth Ranking Annual
Within: No.
Sector # 16
Overall Market # 96





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