Intelligence View
Microsoft FY22 Q3 earnings: $49.4 billion revenue exceeds expectations
Microsoft beat expectations in FY22 Q3, in large part due to strong figures from its Intelligent Cloud and Personal Computing sectors. What you need to know Microsoft just released its FY22 Q3 earnings report. The company brought in…
What you need to know
Microsoft just released its FY22 Q3 earnings report.
The company brought in $49.4 billion in revenue during the quarter, which is an increase of 19%.
Microsoft's net income was $16.7 billion, which is an increase of 8% GAAP.
Windows Commerical products and cloud services revenue increased 14% year-over-year.
Microsoft just released its earnings report for FY22 Q3 (the third quarter of the 2022 fiscal year). The company saw an overall revenue increase of $49.4 billion (19% YoY) and a net income increase of $16.7 billion (8% GAAP). Microsoft's overall revenue of $49.4 billion beat the expectation of $49.05 billion, according to Refinitiv (via CNBC).
Here are some of the biggest highlights of the report:
Revenue was $49.4 billion and increased 18%
Operating income was $20.4 billion and increased 19%
Net income was $...
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