Microsoft FY22 Q1 earnings: $45.3 billion in revenue, surpassing forecasts
Microsoft’s fiscal year 2022 is off to the races.
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
What you need to know
Update October 26, 2021, at 6:25 p.m. ET:Comments from Microsoft’s FY22 Q1 earnings call have been added to the end of this report.
Microsoft’s FY22 Q1 (fiscal year 2022, quarter one)earnings are in. As is the trend for Microsoft, it increased revenue by a sizeable percentage (22% year-over-year), coming in with $45.3 billion and beating Wall Street estimates yet another quarter in a row. The company highlighted its earnings as follows:
Microsoft Cloud was cited as a major breadwinner this quarter, pulling in $20.7 billion in revenue. That’s a 36% year-over-year (YoY) jump.
Cloud, productivity, and computing gains
Productivity and Business Processes revenue was up by 22% YoY thanks to $15 billion in revenue. Below are the key elements that came together to make that number possible:
Keep an eye on LinkedIn revenue over the following quarters given thenews surrounding the serviceand how future quarters may be impacted.
Intelligent Cloud saw a 31% jump with $17 billion in revenue. And More Personal Computing (yes, that’s the category name) hit $13.3 billion, which represents a 12% jump year-over-year. News advertising, Windows (once again, bid welcome toWindows 11), andgaming hardwarewere contributors to the division’s success. Here are the highlights from that category:
As can be seen via the graphs and images above, as well as the highlight bullets, though Microsoft’s cloud business saw gains, other departments didn’t have booming revenue growth for the quarter, including theSurfaceline of products. However, other Microsoft hardware, such as theXbox Series Xand S, saw jumps. Those consoles contributed to Xbox hardware revenue percentage gains of 166% year-over-year. For Xbox content and services, third-party titles didn’t hold up as well as usual but were partially balanced out byXbox Game Passrevenue and first-party title successes.
Get the Windows Central Newsletter
All the latest news, reviews, and guides for Windows and Xbox diehards.
What’s next
As is the standard, every quarter after Microsoft releases its report, it holds an investor call later in the day. You can listen in on the call at 2:30 p.m. PT / 5:30 p.m. ET over at the company’sinvestor portal. You’ll want to listen in if you’re interested in hearing figures and nuggets of information not quite standard for earnings report coverage but still enlightening about the company’s upcoming plans and general trajectory.
Here’s a general overview of what Microsoft said during its call:
In other words, nothing radical or vastly different than what we’ve seen in the trends from the last few quarters.
Robert Carnevale is the News Editor for Windows Central. He’s a big fan of Kinect (it lives on in his heart), Sonic the Hedgehog, and the legendary intersection of those two titans, Sonic Free Riders. He is the author ofCold War 2395. Have a useful tip? Send it to robert.carnevale@futurenet.com.
