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Microsoft revenue for the quarter ending September 30, 2024 was $65.585B, a 16.04% increase year-over-year. Microsoft revenue for the twelve months ending September 30, 2024 was $254.190B, a 16.44% increase year-over-year. Microsoft annual revenue for 2024 was $245.122B, a 15.67% increase from 2023.
Cost of revenue increased $3.2 billion or 5% driven by growth in Microsoft Cloud, offset in part by the change in accounting estimate. Gross margin increased $10.4 billion or 8% driven by growth in Intelligent Cloud and Productivity and Business Processes and the change in accounting estimate, offset in part by a decline in More Personal Computing.
Microsoft Cloud revenue increased 23% to $137.4 billion. Office Commercial products and cloud services revenue increased 14% driven by Office 365 Commercial growth of 16%. Office Consumer products and cloud services revenue increased 4% and Microsoft 365 Consumer subscribers grew to 82.5 million.
Revenue in Productivity and Business Processes was $28.3 billion and increased 12% (up 13% in constant currency), with the following business highlights: · Microsoft 365 Consumer products and cloud services revenue increased 5% (up 6% in constant currency) driven by Microsoft 365 Consumer cloud revenue growth of 6% (up 7% in constant currency)
Get the detailed quarterly/annual income statement for Microsoft Corporation (MSFT). Find out the revenue, expenses and profit or loss over the last fiscal year.
“Strong execution by our sales teams and partners delivered a solid start to our fiscal year with Microsoft Cloud revenue of $38.9 billion, up 22% year-over-year,” said Amy Hood, executive vice president and chief financial officer of Microsoft. Business Highlights.
Sales from July through September hit $65.6 billion, up 16 percent from a year earlier. Profit rose 11 percent, to $24.7 billion. The results surpassed Wall Street’s expectations and...
Microsoft Cloud revenue reached $38.9 billion with a 22% YoY increase, indicating the company’s market share growth trajectory in the cloud. Although there is a slight decrease in the cloud’s ...
Microsoft just posted the fourth and final quarter of its 2024 fiscal financial results. The software maker made $64.7 billion in revenue and a net income of $22 billion during Q4. Revenue is...
Microsoft's global revenue grew from fiscal year 2022 to 2024, increasing by about seven percent year-on-year and reaching over 245 billion U.S.