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Sep 30, 2021
Microsoft Q1 2022 Earnings Report
Microsoft's Q1 2022 results showcased strong growth driven by cloud services and digital transformation.
Key Takeaways
Microsoft reported a strong start to fiscal year 2022, with revenue increasing by 22% to $45.3 billion and operating income up by 27% to $20.2 billion. The Microsoft Cloud generated $20.7 billion in revenue, a 36% increase year over year. Diluted earnings per share were $2.71 GAAP and $2.27 non-GAAP, representing increases of 49% and 25%, respectively.
Revenue increased by 22% to $45.3 billion.
Operating income increased by 27% to $20.2 billion.
Net income increased by 48% to $20.5 billion GAAP and 24% to $17.2 billion non-GAAP.
Microsoft Cloud revenue grew by 36% to $20.7 billion.