Microsoft reports Q1 results with revenue up 16%
A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, Jan 25, 2021. SAN FRANCISCO -- Microsoft on Wednesday posted a revenue of $65.6 billion for the first quarter of its 2025 fiscal year ending Sept 30, 2024, up 16 percent from the same period of the previous year. Its operating income was $30.6 billion, an increase of 14 percent from the same period last year, Microsoft said in its financial report. "AI-driven transformation is changing work, work artifacts, and workflow across every role, function, and business process," said Satya Nadella, chairman and chief executive officer of Microsoft. "Strong execution by our sales teams and partners delivered a solid start to our fiscal year with Microsoft Cloud revenue of $38.9 billion, up 22 percent year-over-year," said Amy Hood, executive vice-president and chief financial officer of Microsoft.
Microsoft briefly valued at $1 trillion after prediction of continuous cloud growth
Discover Related
Indias IT services companies to report subdued growth during 4QFY25: Report
Microsoft co-founder Bill Gates shares the coolest code he has ever written, free to download for all
Microsoft rethinks data centre investments worldwide: What it means for AI and Cloud
HPE Gives Weak Profit Outlook and Will Eliminate 3,000 Jobs
Meta in talks for $200 billion AI data centre project: Report
Hang on… Did Microsoft just admit that AI could dumb us down?
Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Tech giants double down on their massive AI spending
Intel fourth-quarter revenue tops expectations as investors await new CEO
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
OpenAI’s Stargate deal heralds shift away from Microsoft
OpenAI, valued at $157 billion, isn't profitable. Should that be normal?
Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit