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Mar 31, 2022

Microsoft Q3 2022 Earnings Report

Microsoft's Q3 2022 results were fueled by cloud strength, with revenue increasing by 18% and operating income by 19%.

Key Takeaways

Microsoft reported strong Q3 2022 results, driven by customer commitment to their cloud platform and strong sales execution. Revenue increased by 18% to $49.4 billion, operating income increased by 19% to $20.4 billion, and net income increased by 8% to $16.7 billion.

Revenue increased by 18% to $49.4 billion.

Operating income increased by 19% to $20.4 billion.

Net income increased by 8% to $16.7 billion.

Microsoft Cloud revenue was $23.4 billion, up 32% year over year.

Total Revenue
$49.4B
Previous year: $41.7B
+18.4%
EPS
$2.22
Previous year: $1.95
+13.8%
Commercial Cloud Revenue
$23.4B
Previous year: $17.7B
+32.2%
Gross Profit
$33.7B
Previous year: $28.7B
+17.7%
Cash and Equivalents
$12.5B
Previous year: $13.7B
-8.8%
Free Cash Flow
$20B
Previous year: $17.1B
+17.3%
Total Assets
$345B
Previous year: $309B
+11.6%

Microsoft

Microsoft

Forward Guidance

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