Microsoft Q4 2024 results record yet another height of AI & cloud performance

Sedang Trending 3 bulan yang lalu
ARTICLE AD BOX

Readers help support MSpoweruser. We may get a commission if you buy through our links. Tooltip Icon

Read our disclosure page to find out how can you help MSPoweruser sustain the editorial team Read more

Microsoft has recently posted its Q4 2024 results, kicking off a new financial year with a total revenue increase of 15% to $64.7 billion and a net income rise of 10% to $22 billion.

As expected, the Redmond-based tech giant has recorded a strong performance in AI and cloud sectors. The company’s cloud segment, particularly its Intelligent Cloud division, saw significant growth, contributing $28.5 billion and representing nearly 45% of total revenue.

Amy Hood, Microsoft’s executive VP, says that they ended their fiscal year strongly, with record bookings and Microsoft Cloud quarterly revenue reaching $36.8 billion, marking a 21% increase year-over-year (22% in constant currency).

Microsoft’s Office and cloud services grew well this quarter. Office commercial products and cloud services revenue went up by 12%, and Office 365 commercial revenue rose by 13%.

On the consumer side, Microsoft 365 gained 10% more subscribers, reaching 82.5 million, and Office consumer revenue increased by 3%. LinkedIn also did well, with a 10% increase in revenue.

Microsoft’s big bet in cloud and AI is surely paying off, despite a few hiccups here and there with antitrust regulators.

In the previous quarter, Microsoft reported $61.9 billion in revenue, a 17% increase from the previous year. Cloud revenue surged by 23% to $35.1 billion, driven by strong demand for its Azure cloud services and AI products.

The Intelligent Cloud segment also grew by 21%, while Microsoft 365 and the More Personal Computing segments also saw notable gains.


Rafly Gilang

Rafly Gilang Shield

Tech Reporter

Rafly is a reporter with years of journalistic experience, ranging from technology, business, social, and culture. Currently reporting news on Microsoft-related products, tech, and AI on MSPowerUser. Got a tip? Send it to [email protected]