Microsoft said Server products and cloud services revenue for the quarter ended March 31, 2025 increased $4.5 billion (22%), Azure and other cloud services revenue grew 33%, and AI services accounted for 16 points of that growth.

1. 01

   Microsoft said Server products and cloud services revenue for the quarter ended March 31, 2025 increased $4.5 billion (22%), Azure and other cloud services revenue grew 33%, and AI services accounted for 16 points of that growth.

2. 02

   The company said revenue for the quarter ended March 31, 2025 increased $8.2 billion (13%) and gross margin increased $4.8 billion (11%), citing Intelligent Cloud as a factor in the gross margin percentage decrease.

3. 03

   Microsoft said operating cash flow for the 9 months ended March 31, 2025 increased $12.2 billion to $93.5 billion, cash used in financing activities was $40.9 billion, and cash used in investing activities was $42.0 billion.

4. 04

   The company said it repurchased 23 million shares for $9.8 billion during the 9 months ended March 31, 2025, board-declared dividends totaled $18.5 billion, and the remaining authorization under the $60 billion repurchase program was $549 million.

Key figures

Quarter ended March 31, 2025

Revenue

$70.1B

Operating income

$32.0B

Net income

$25.8B

EPS

$3.46

Gross profit

$48.1B

Operating cash flow

$37.0B

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.