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Jun 30, 2020
Microsoft Q4 2020 Earnings Report
Microsoft's Q4 2020 earnings were driven by cloud strength, with revenue increasing by 13% and commercial cloud surpassing $50 billion in annual revenue.
Key Takeaways
Microsoft reported a 13% increase in revenue, driven by growth across all segments. Intelligent Cloud and More Personal Computing segments showed strong growth, while Productivity and Business Processes also contributed to the overall revenue increase. The company's commercial cloud surpassed $50 billion in annual revenue.
Revenue increased by 13% year-over-year, reaching $38.0 billion.
Operating income increased by 8% year-over-year, amounting to $13.4 billion.
Net income decreased by 15% year-over-year to $11.2 billion.
Diluted earnings per share (EPS) decreased by 15% year-over-year to $1.46.
Microsoft
Microsoft
Forward Guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.