Xbox revenue up 6% as Xbox hardware tops U.S. sales charts

Xbox holds the momentum with Microsoft's latest Q3 earnings.

What you need to know


Microsoft announced its FY22 Q3 earnings on Wednesday, with gaming revenue up 6% year-over-year according to the Xbox platform owner.
The company attributed the growth to a 14% increase in hardware sales attributed to Xbox Series X and Xbox Series S, while content and services also increased by 4%.


Microsoft has announced its third-quarter earnings for its 2022 fiscal year, coupled with the latest update on its gaming efforts. Year-over-year revenue was up 20% company-wide over the period, totaling $51.7 billion. Xbox revenue also climbed 6% this quarter, attributed to growth in Xbox console sales, Xbox Game Pass, and other gaming services.

The latest Q3 figures reflect Microsoft's ongoing efforts to deliver its newest Xbox Series X and Xbox Series S consoles to consumers, with high demand and supply constraints still prevalent over one-year post-release. With availability steadily improving, not...