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Home > Cloud Computing > Microsoft reports second-quarter results

Microsoft reports second-quarter results

Microsoft announced the company's financial results for the second quarter of the fiscal year ended December 31, 2021.


Erdem Yasar Erdem Yasar
January 27, 2022
2 min read
Microsoft reports second-quarter results

Tech giant Microsoft reports strong second-quarter results that ended December 31. During the period, Microsoft revenues were increased by 20% year-over-year and became $51.7. The company’s long-term Azure commitments fueled the increase. Operating income for the second quarter was $22.4 billion, with a 24% increase. Net income was increased by 21% compared to the corresponding period of last fiscal year and raised to $18.8. Diluted earnings per share were increased by 22% and became $2.48.

Microsoft Cloud revenue $22.1 billion

In the second quarter of the fiscal year 2022, the company returned $10.9 billion to shareholders in the form of share repurchases and dividends, which is increased by 9% compared to the previous fiscal year’s second quarter. Microsoft other business highlights for the quarter are:

Revenue in Productivity and Business Processes was $15.9 billion and increased 19%, with the following business highlights:

  • Office Commercial products and cloud services revenue increased 14% driven by Office 365 Commercial revenue growth of 19%
  • Office Consumer products and cloud services revenue increased 15% and Microsoft 365 Consumer subscribers grew to 56.4 million
  • LinkedIn revenue increased 37% (up 36% in constant currency)
  • Dynamics products and cloud services revenue increased 29% driven by Dynamics 365 revenue growth of 45% (up 44% in constant currency)

Revenue in Intelligent Cloud was $18.3 billion and increased 26%, with the following business highlights:

  • Server products and cloud services revenue increased 29% driven by Azure and other cloud services revenue growth of 46%
Satya Nadella, chairman and chief executive officer of Microsoft
Satya Nadella, Chairman and Chief Executive Officer of Microsoft

Revenue in More Personal Computing was $17.5 billion and increased 15%, with the following business highlights:

  • Windows OEM revenue increased 25%
  • Windows Commercial products and cloud services revenue increased 13% (up 14% in constant currency)
  • Xbox content and services revenue increased 10%
  • Search and news advertising revenue excluding traffic acquisition costs increased 32%
  • Surface revenue increased 8%

Satya Nadella, chairman and chief executive officer of Microsoft said,

« Digital technology is the most malleable resource at the world’s disposal to overcome constraints and reimagine everyday work and life. As tech as a percentage of global GDP continues to increase, we are innovating and investing across diverse and growing markets, with a common underlying technology stack and an operating model that reinforces a common strategy, culture, and sense of purpose. »

See more Cloud Computing News


Tags: Microsoft
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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