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Microsoft reports Q4 revenue up 18% YoY to $90B, net income up 31% to $35.8B, and Microsoft Cloud revenue up 27% to $59.3B; MSFT jumps 3%+ after hours (Microsoft)

Techmeme ·
Azure crossed $100B in annual revenue, while Microsoft said 365 Copilot reached more than 30M paid seats.

Microsoft reported $90.1B in Q4 revenue, above the $87.62B estimate cited by Techmeme, with revenue up 18% year over year. Net income rose 31% to about $35.8B, and Microsoft Cloud revenue increased 27% to $59.3B. Azure and other cloud services revenue grew 43% year over year, ahead of estimates. Microsoft shares jumped after the report as investors focused on the cloud beat and Copilot seat growth. Techmeme's note

score 7

Categories: Money & Moves