Microsoft has published its earnings report for the Q2 2022 fiscal quarter. Revenue for the specified period amounted to $51.7 billion; net income - $18.8 billion. For comparison, for the same period last year, revenue was $ 43.1 billion; net profit — $15.5 billion.
The earnings raised thanks to Office, Windows, and online services the company sells via a variety of subscriptions. The software is playing such an important role is sales due to a huge number of people working from home because of situation with the ongoing COVID-19 pandemic. Both Windows 10 and Windows 11 are being used on 1.4 billion devices according to monthly stats.
Here are some highlights of the Q2 2022 fiscal quarter report:
- Revenue was $51.7 billion (up 20%);
- Net income was $18.8 billion (up 21%);
- Operating income was $22.2 billion (up 24%);
Other interesting values:
- Divided EPS is $2.48 (up 22%);
- Commercial cloud revenue was $22.1 billion (up 32%);
- Productivity and business process revenue was $15.9 billion (up 19%);
- Intelligent Cloud revenue was $18.3 billion (up 26%);
- Personal Computing revenue was $17.5 billion (up 15%);
- Revenue from commercial Office products grew by 14%;
- Office consumer product revenue up 15%;
- LinkedIn revenue up 37%;
- Revenue from Dynamics grew by 29%;
- Income from server products and cloud services increased by 29%;
- Revenue from Azure grew by 46%;
- Windows OEM revenue up 25%;
- Revenue from commercial Windows products and cloud services grew by 13%;
- The revenue of the gaming division grew by 10%;
- Search advertising revenue grew by 32%;
- Surface revenue grew 8%.
Keep in mind that the fiscal year is not the same as the calendar year. The fiscal year starts on July 1 and ends on June 30.
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