Revenue (Quarter On Quarter Growth)

Returns the quarter-over-quarter (QoQ) growth, comparing the most recent quarter to the immediately prior quarter.

Supported Symbol Formats

Type Format Example
US Stocks SYMBOL AAPL, MSFT

Parameters

Parameter Description Example
Symbol Stock ticker "AAPL"
Metric Metric to measure "revenue"

Calculation

QoQ Growth = (Current Quarter - Prior Quarter) / Prior Quarter

Notes

  • Returns value as a decimal (0.05 = 5%)
  • Sequential quarter comparison
  • May show seasonality effects

Examples

=QoQGrowth("AAPL","revenue")
Apple QoQ revenue growth
=QoQGrowth("MSFT","revenue")
Microsoft QoQ revenue growth
=QoQGrowth(A1,B1)
Symbol and metric from cells
=QoQGrowth("AAPL","revenue")*100
Convert to percentage

When to Use

  • Track sequential quarterly momentum
  • Identify recent trend changes
  • Analyze business seasonality
  • Short-term performance evaluation

When NOT to Use

Scenario Use Instead
Year-over-year growth YoYGrowth()
YoY quarterly comparison QuarterlyRevenueGrowthYOY()
Long-term CAGR CAGR functions
Annual comparison Annual growth functions

Common Issues & FAQ

Q: Why is the value less than 1? A: Growth is returned as a decimal. Multiply by 100 to get percentage (e.g., 0.05 = 5%).

Q: Why might QoQ show decline while YoY shows growth? A: Seasonality - many businesses have strong/weak quarters. QoQ compares sequential quarters, YoY compares same quarters across years.

Q: Should I use QoQ or YoY? A: YoY controls for seasonality. QoQ shows recent momentum. Use both for complete picture.

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MarketXLS Excel Add-in Tutorial - How to Use Revenue (Quarter On Quarter Growth) and Other Financial Formulas
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