Microsoft said revenue for the quarter ended December 31, 2024 increased $7.6 billion, or 12%, compared with the prior-year quarter, citing growth in Intelligent Cloud and Productivity and Business Processes. Operating income increased $4.6 billion, or 17%.

1. 01

   Microsoft said revenue for the quarter ended December 31, 2024 increased $7.6 billion, or 12%, compared with the prior-year quarter, citing growth in Intelligent Cloud and Productivity and Business Processes. Operating income increased $4.6 billion, or 17%.

2. 02

   Microsoft said Azure and other cloud services revenue grew 31%, with 13 points from AI services which grew 157%. Server products and cloud services revenue increased $4.0 billion, 21%.

3. 03

   Microsoft said Microsoft Cloud gross margin percentage decreased to 70% in the quarter, citing scaling of AI infrastructure. It also said investments in cloud and AI infrastructure will continue to increase operating costs and may decrease operating margins.

4. 04

   The company said operating cash flow for the 6 months ended December 31, 2024 increased $7.0 billion to $56.5 billion, and cash used in financing activities was $27.8 billion. Net debt repayment for the period was $6.7 billion.

Key figures

Quarter ended December 31, 2024

Revenue

$69.6B

Operating income

$31.7B

Net income

$24.1B

EPS

$3.23

Gross profit

$47.8B

Operating cash flow

$22.3B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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