Year-over-Year (YoY) measures how a specific financial metric — revenue, profit, liabilities, expenses — has changed relative to the equivalent period twelve months earlier. A YoY revenue growth of 40% means the company generated 40% more revenue this period than it did in the same period last year.
YoY comparisons are the standard method for assessing growth momentum in private companies, as they neutralise seasonal effects that can distort shorter-period comparisons. In the context of Alternatives.pe's company financials, YoY figures are derived from audited or reported financial statements and represent the most recent available period versus the prior year.