Microsoft FY25 Q2 results are in.

[md5crypto]

https://www.microsoft.com/en-us/investor/earnings/fy-2025-q2/press-release-webcast

• Revenue was $69.6 billion and increased 12%
• Operating income was $31.7 billion and increased 17% (up 16% in constant currency)
• Net income was $24.1 billion and increased 10%
• Diluted earnings per share was $3.23 and increased 10%
• Server products and cloud services revenue increased 21% driven by Azure and other cloud services revenue growth of 31%
• LinkedIn revenue increased 9%
• Windows OEM and Devices revenue increased 4%
• Xbox content and services revenue increased 2%
• Search and news advertising revenue excluding traffic acquisition costs increased 21%

Amazing that a quarter that brought in $24 billion in EBITA is a yawn-worthy event! I remember 12 years ago when Microsoft was struggling to do more than $4-6 billion/quarter while Apple was already pulling in $13 billion in the holiday quarter!

The biggest standouts to me were Azure still growing like crazy and search revenue. I see big layoffs coming as there are rumors of Microsoft refocusing on top 1000 customers.