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Mar 31, 2024
Microsoft Q3 2024 Earnings Report
Microsoft's Q3 2024 earnings were released, demonstrating strong cloud performance and overall growth.
Key Takeaways
Microsoft reported strong Q3 2024 results, with revenue increasing by 17% to $61.9 billion and diluted earnings per share increasing by 20% to $2.94. The growth was fueled by the Microsoft Cloud, which saw a 23% increase in revenue to $35.1 billion.
Revenue reached $61.9 billion, a 17% increase year-over-year.
Operating income grew by 23% to $27.6 billion.
Net income increased by 20% to $21.9 billion.
Diluted earnings per share rose by 20% to $2.94.
Microsoft
Microsoft
Microsoft Revenue by Segment
Revenue by Segment
Productivity & Business Revenue
CapyFin.comIntelligent Cloud Revenue
CapyFin.comMore Personal Comp. Revenue
CapyFin.com Forward Guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.
Revenue & Expenses
Visualization of income flow from segment revenue to net income