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Mar 31, 2020
Microsoft Q3 2020 Earnings Report
Microsoft's Q3 2020 results were driven by cloud strength, with revenue increasing by 15% and diluted earnings per share increasing by 23%.
Key Takeaways
Microsoft reported a strong third quarter in fiscal year 2020, with revenue reaching $35.0 billion, a 15% increase year-over-year. Operating income increased by 25% to $13.0 billion, and net income rose by 22% to $10.8 billion. Diluted earnings per share increased by 23% to $1.40.
Total revenue reached $35.0 billion, a 15% increase year-over-year.
Operating income increased by 25% to $13.0 billion.
Net income increased by 22% to $10.8 billion.
Diluted earnings per share increased by 23% to $1.40.