January 30, 2024
- Revenue: $62.0 billion, an increase of 18% (16% in constant currency) from the previous fiscal year.
- Operating income: $27.0 billion, a 33% increase (25% non-GAAP, 23% in constant currency).
- Net income: $21.9 billion, a 33% increase (26% non-GAAP, 23% in constant currency).
- Diluted earnings per share: $2.93, a 33% increase (26% non-GAAP, 23% in constant currency).
- Microsoft completed the Activision Blizzard acquisition on October 13, 2023.
- Microsoft Cloud revenue reached $33.7 billion, up 24% (22% in constant currency) year-over-year.
- Revenue in Productivity and Business Processes was $19.2 billion, an increase of 13% (12% in constant currency).
- Revenue in Intelligent Cloud was $25.9 billion, an increase of 20% (19% in constant currency).
- Revenue in More Personal Computing was $16.9 billion, an increase of 19% (18% in constant currency).
- Microsoft returned $8.4 billion to shareholders as share repurchases and dividends in Q2 FY24.
Key business highlights include growth in Office Commercial products and cloud services, Office Consumer products and cloud services, LinkedIn revenue, Dynamics products and cloud services, server products and cloud services, and Xbox content and services revenue. There was a decrease in Device revenue.
