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Mar 31, 2021

Microsoft Q3 2021 Earnings Report

Microsoft's Q3 2021 results were fueled by the Microsoft Cloud, showcasing strong growth across various segments.

Key Takeaways

Microsoft reported strong Q3 2021 results with a 19% increase in revenue to $41.7 billion, a 31% increase in operating income to $17.0 billion, and a 44% increase in net income to $15.5 billion. The Microsoft Cloud generated $17.7 billion in commercial cloud revenue, up 33% year over year.

Revenue increased by 19% to $41.7 billion.

Operating income increased by 31% to $17.0 billion.

Net income increased by 44% to $15.5 billion.

Diluted earnings per share increased by 45% to $2.03.

Total Revenue
$41.7B
Previous year: $35B
+19.2%
EPS
$1.95
Previous year: $1.4
+39.3%
Commercial Cloud Revenue
$17.7B
Previous year: $13.3B
+33.1%
Gross Profit
$28.7B
Previous year: $24B
+19.2%
Cash and Equivalents
$13.7B
Previous year: $11.7B
+17.0%
Free Cash Flow
$17.1B
Previous year: $13.7B
+24.4%
Total Assets
$309B
Previous year: $285B
+8.2%

Microsoft

Microsoft

Forward Guidance

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