•
Sep 30, 2020
Microsoft Q1 2021 Earnings Report
Microsoft's first quarter results for fiscal year 2021 were announced, demonstrating strong growth driven by cloud offerings.
Key Takeaways
Microsoft reported a 12% increase in revenue, reaching $37.2 billion, with operating income up by 25% to $15.9 billion and net income increasing by 30% to $13.9 billion. The growth was fueled by strong demand for the company's cloud offerings, with commercial cloud revenue generating $15.2 billion, a 31% increase year over year.
Revenue increased by 12% to $37.2 billion.
Operating income increased by 25% to $15.9 billion.
Net income increased by 30% to $13.9 billion.
Commercial cloud revenue grew by 31% year over year, generating $15.2 billion.