microsoft earnings

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  • The logo of Microsoft is seen outside their offices in Herzliya, near Tel Aviv, Israel December 27, 2022. REUTERS/Rami Amichay

    Microsoft announces $52.7 billion in Q2 revenue amid plans to layoff 10,000 workers

    by 
    Devindra Hardawar
    Devindra Hardawar
    01.24.2023

    Microsoft's second quarter earnings report was a mixed bag.

  • Surface Laptop Studio

    Microsoft's profits jump by 21 percent thanks to Office and the cloud

    by 
    Devindra Hardawar
    Devindra Hardawar
    01.25.2022

    Microsoft's overall business is still going strong, even though it's not seeing the shockingly fast revenue growth it saw last year.

  • 3D-printed Microsoft logos are seen on a computer motherboard in this picture illustration taken July 22, 2021. REUTERS/Dado Ruvic/Illustration

    Microsoft's profits skyrocketed by 47 percent in Q4

    by 
    Devindra Hardawar
    Devindra Hardawar
    07.27.2021

    Microsoft's business continues to boom thanks to its leadership in cloud computing and productivity apps.

  • The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018.  REUTERS/Mike Blake

    What did the pandemic mean for Microsoft? A 44 percent jump in profits.

    by 
    Devindra Hardawar
    Devindra Hardawar
    04.27.2021

    One thing we've learned over the past year: the COVID-19 pandemic has been awful for humanity, but a boon to all of the tech company's we're relying on. That's truer than ever for Microsoft, which announced a 19 percent increase in revenues for the third quarter ($41.7 billion), compared to last year.

  • REDMOND, UNITED STATES - 2021/01/25: Microsoft logo seen at their building in Redmond.
Microsoft will publish fiscal year 2021 second-quarter financial results on January 26. (Photo by Toby Scott/SOPA Images/LightRocket via Getty Images)

    Microsoft's profits jump by 33 percent thanks to the cloud, PCs and Xbox

    by 
    Devindra Hardawar
    Devindra Hardawar
    01.26.2021

    That’s $2.9 billion more than what analysts were expecting. While Microsoft’s cloud business shows no signs of slowing down, with a revenue increase of 23 percent compared to last year, it’s also seeing strong growth when it comes to the PC market in general.

  • LONDON, UNITED KINGDOM - 2020/07/03: Microsoft logo seen at one of their stores.
Microsoft has said it will keep all of its retail locations closed permanently, including London's Flagship store in Oxford Circus which opened just one year ago. The company says it will reimagine some of its spaces that serve its customers, including the Microsoft Experience Centre in London. (Photo by Keith Mayhew/SOPA Images/LightRocket via Getty Images)

    Microsoft's Xbox and Surface business keep growing amid the pandemic

    by 
    Devindra Hardawar
    Devindra Hardawar
    07.22.2020

    Once again, Microsoft is seeing a strong earnings quarter amid the pandemic.

  • Devindra Hardawar/Engadget

    Xbox is the only weak point for Microsoft's strong quarter

    by 
    Devindra Hardawar
    Devindra Hardawar
    01.29.2020

    If you've been paying close attention to Microsoft's quarterly earnings, you've probably noticed they've started to sound like a broken record. The company's cloud business typically grows steadily (it's up 27 percent this quarter), and for the past few years it's driven continual revenue growth. According to the company's latest earnings report, it's been a particularly great few months for the company, with continued revenue growth for Office (up 19 percent for consumers, 16 percent for businesses), LinkedIn (up 24 percent) and Windows (up 18 percent). The only blip in an otherwise positive quarter? Xbox, which saw an 11 percent revenue drop from last year. The company's overall gaming revenue fell by $905 million or 21 percent from a year ago.

  • SOPA Images via Getty Images

    Microsoft posts record Q4 results despite Xbox slowdown

    by 
    Cherlynn Low
    Cherlynn Low
    07.18.2019

    We're all used to hearing how well Microsoft has been doing by now, so the company's earnings report for Q4 2019 comes as no surprise. Once again, the tech giant performed well, delivering a "record fiscal year." CEO Satya Nadella attributed this to "our deep partnerships with leading companies in every industry... resulting in larger, multi-year commercial cloud agreements and growing momentum across every layer of our technology stack."

  • ASSOCIATED PRESS

    Microsoft's cloud business can't be stopped

    by 
    Devindra Hardawar
    Devindra Hardawar
    04.24.2019

    At this point, Microsoft's quarterly earnings reports sound like a broken record: Its cloud business is practically unstoppable, while its PC and productivity make steady gains. That's been the case for years, and this past third quarter was no different: Its intelligent cloud jumped 22 percent reaching $9.2 billion, mostly due to Azure's whopping 73 percent revenue growth. The Personal Computing side of things rose 8 percent to reach $10.7 billion, which includes a 21 percent increase in Surface revenues. And its Productivity and Business Group, which houses Office and LinkedIn, rose 14 percent at $10.2 billion. Altogether, revenues for the quarter were up 14 percent and profit 19 percent, reaching $8.8 billion.

  • Microsoft is doing great, and so are Surface Pro 3 and Office 365

    by 
    Edgar Alvarez
    Edgar Alvarez
    10.23.2014

    The cloud has been a solid source of income for Microsoft in recent times, and while the company is still in the middle of a huge transition, the future is looking bright under recently appointed CEO Satya Nadella. Today, Microsoft released its earnings report for the first fiscal 2015 quarter, with the main takeaway being the growth of its Devices and Consumer revenue by 47 percent, to $10.96 billion, bringing the total to $23.20 billion in overall revenue, a 25 percent increase compared to the same period last year. In other words, business is superb over in Redmond.

  • Microsoft has record Q1, rakes in $17.37 billion in revenue (updated: Skype plans revealed)

    by 
    Terrence O'Brien
    Terrence O'Brien
    10.20.2011

    Q1 of 2012 (don't ask...) was good to Microsoft. Very good in fact. The company posted a record first quarter revenue of $17.37 billion, a 7-percent increase over the same period last year and slightly higher than the $17.26 billion that was expected. The big hero was Office which accounted for $5.62 billion of that income, though sales of Windows stayed flat and fell somewhat short of expectations. The company's $5.74 billion in net income was also a significant jump of 6-percent over the same time last year. For a few more of the financial particulars check out the earnings report after the break and the spartan spreadsheets at the source link. Update: Wondering what Microsoft plans to do with the newly acquired Skype? Well, details are thin, but during today's earnings call the company revealed it did plan to integrate the VoIP service and its technologies into Lync, Live Messenger and Xbox Live. Soon you may not only have to listen to your friend gloat after every kill in Call of Duty, you might have to watch him do a celebratory dance in his Lazy Boy too.

  • Microsoft announces a record first-quarter revenue of $16.20 billion, $5.41 billion in profit

    by 
    Paul Miller
    Paul Miller
    10.28.2010

    Microsoft just beat analyst expectations, announcing $16.20 billion in revenue for the first quarter of its 2011 fiscal year, with $5.41 billion in profit. Microsoft cites Office 2010, the sustained "PC refresh cycle," and 38 percent growth in the Xbox 360 biz for its good news, with overall revenue up 25 percent over the same quarter last year and a 51 percent gain in profit. The Xbox 360 has been at the top of the console heap for four months running, which can't hurt. Microsoft will have an earnings call to discuss its results at 5:30PM EDT, so we'll be keeping our ears peeled for Steve Ballmer to pull a Steve Jobs, hijack the call, and rag hard on the competition -- if only we lived in a world of such beautiful symmetry.