Microsoft reports Q4 revenue up 21% YoY to $46.2B, net income up 47% YoY to $16.5B, commercial cloud revenue up 36% YoY to $19.5B, LinkedIn revenue up 46% YoY
Earnings Release FY21 Q4 REDMOND, Wash. — July 27, 2021 — Microsoft Corp. today announced the following results for the quarter ended June 30 …
Microsoft - Investor Relations
Context & Ripple Effects
This quarter sits at the start of a multi-year earnings sequence in which Microsoft continued to report double-digit company revenue growth: the following Q2 results kept revenue growth at 20%, while the next Q4 report showed growth had moderated to 12% even as Azure rose 40%.
The later coverage also changes the emphasis of Microsoft’s commercial metrics. By 2023 and 2024, earnings releases repeatedly foregrounded Office Commercial growth alongside LinkedIn, including 15% total revenue growth in fiscal Q4 2024.
First-order effects
Commercial cloud generated more than two-fifths of Microsoft’s quarterly revenue, making it the company’s largest disclosed growth engine in this release.
LinkedIn’s 46% revenue increase gives Microsoft a second fast-growing commercial business alongside cloud, rather than a cloud-only earnings story.
Second-order effects
Microsoft enters subsequent comparisons with an elevated growth base: reported company revenue growth slowed to 12% in the following Q4, while LinkedIn growth slowed to 26%.
The strength of commercial cloud and LinkedIn gives Microsoft multiple reported growth metrics to carry through later earnings releases as its overall revenue base expands.
Third-order effects
Microsoft’s earnings narrative increasingly shifts from a period defined by cloud and LinkedIn acceleration toward a broader commercial-software scorecard that repeatedly includes Office Commercial.
If that disclosure pattern persists, investors will assess Microsoft less through a single cloud-growth measure and more through the durability of several commercial revenue streams.
The trend: Microsoft is broadening its reported growth profile from cloud-led acceleration toward a more diversified set of commercial software and business-network revenue engines.
It's been several minutes since Satya said the phrase “enterprise metaverse” on the earnings call and I'm pretty sure I haven't been able to process anything since https://www.nytimes.com/...
Read the full Microsoft's Q4 Earnings Release here: https://www.microsoft.com/... Note about Forward-Looking Statements in earnings tweets: https://view.officeapps.live.com/ ...
$MSFT Q4 2021: - Revenue up 21% to $46.2 billion - Profit up 47% to $16.5 billion - Azure up 51% - LinkedIn up 46% - Office Commercial up 20% - Office 365 Commercial up 25% - Office Consumer up 18% - Surface down 20% - Windows OEM down 3% - Windows Commercial up 20% - Xbox up 34%
Microsoft's latest Q4, 2021 earnings for Xbox: • Gaming revenue up 11% overall ✔️ • Xbox hardware revenue up 172%✔️ • Xbox content and services down 4% ❌ • No new Xbox Game Pass subscriber numbers ❌ https://www.theverge.com/... https://twitter.com/...
So Big Tech is making Big Money this past quarter all across the board. If you had told me that LinkedIn would be a $10 billion business, I would have asked if all those InMail notifications finally drove you 'round the bend. https://twitter.com/...
It's funny, people rip on Bing, but ... “Search advertising revenue excluding traffic acquisition costs increased 53%” Search advertising is becoming a big deal for MS. It and Windows Commercial products (cloud services, MS365), were the bright spots. No supply issues there. http…
Microsoft's Q4, 2021 fiscal earnings are out. Surface revenue is down 20%, and Windows revenue is weaker all round, amid a global chip shortage https://www.theverge.com/... https://twitter.com/...