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Dec 31, 2022

Microsoft Q2 2023 Earnings Report

Microsoft's Q2 2023 earnings were announced, showcasing cloud strength amidst a complex economic environment.

Key Takeaways

Microsoft reported a 2% increase in revenue to $52.7 billion. Microsoft Cloud revenue was $27.1 billion, up 22%. Diluted earnings per share was $2.20 GAAP and $2.32 non-GAAP.

Revenue increased by 2% to $52.7 billion.

Microsoft Cloud revenue increased 22% to $27.1 billion.

GAAP diluted earnings per share decreased 11% to $2.20.

Non-GAAP diluted earnings per share decreased 6% to $2.32.

Total Revenue
$52.7B
Previous year: $51.7B
+2.0%
EPS
$2.32
Previous year: $2.48
-6.5%
Commercial Cloud Revenue
$27.1B
Gross Profit
$35.3B
Previous year: $34.8B
+1.4%
Cash and Equivalents
$15.6B
Previous year: $20.6B
-24.1%
Free Cash Flow
$4.9B
Previous year: $8.62B
-43.1%
Total Assets
$365B
Previous year: $340B
+7.1%

Microsoft

Microsoft

Forward Guidance

Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.