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Microsoft Q1$37.2 billion in net revenue Azure $13.9 billion

via:博客园     time:2020/10/28 9:01:02     readed:866

Microsoft released its first quarter financial results for the fiscal year ended September 30 after hours local time on Tuesday. According to the financial report, Microsoft's total revenue in the first quarter was 37.15 billion US dollars, up 12% year-on-year, and the same period last year was $33.055 billion, exceeding the average analyst's expected $35.72 billion; net profit was $13.89 billion, up 30% year-on-year, or $1.82 per share, compared with us $10.68 billion or 1.38 per share in the same period of last year Analysts had expected the company to make a profit of $1.54 a share.

  • Server products including Azure、 enterprise services, GitHub and SQL server and Windows ServeMicrosoft's Intelligent Cloud business contributed $12.99 billion in revenue, up 20% year-on-year, which exceeded the average analyst expectation of $12.73 billion.
  • Dynamics,LinkedIn and Office kits includedProductivity and business process business generation revenue of $12.32 billion, up 11% year-on-year, higher than the average analyst forecast of $11.78 billion. As part of the office 365 collaborative application package, teams' daily active users have increased from 75 million in April to 115 million.
  • Including search ads, surface, windows and XBOXPC business revenue was $11.85 billion, up 6% year-on-year, higher than the average analysts expected of $11.18 billion. Licensing revenue from windows device manufacturers fell 5% year-on-year in the quarter, especially for commercial devices, which fell by about 22% year-on-year, compared with a 4% decline in the previous quarter, the worst performance in more than five years. Gartner, a technology industry research firm, estimates that PC shipments from July to September 2020 will increase by 3.7% year-on-year, the fastest growth rate in the United States in 10 years.


According to the financial report, including azure, dynamics 365, LinkedIn and office 365 services Business cloud revenue was $15.2 billion, or nearly 41% of total revenue for the quarte, up from about 38% in the previous quarter. In the quarter, the gross profit margin of commercial cloud business was 71%, more than 70%.

Microsoft said in a statement that 12% year-on-year revenue growth was lower than the 13% growth in the previous quarter. After the end of support for Windows 7 and the spread of the epidemic, revenue in the commercial PC business plummeted by 22%; the business rose sharply last year, making it more difficult to perform well this year.

But Microsoft's public cloud Azure hosting applications and websites is one of the fastest-growing businesses, up 48% from a year earlier in the quarter, up from 47% in the previous quarter. Microsoft did not disclose Azure revenue. Analysts had expected growth to be around 44 percent.

Microsoft sells more products through regular subscription. Investors like this approach, too, because it generates a steady stream of income. The total amount of future recurrent revenue contracts signed between Microsoft and large enterprise customers was the same as that in the previous quarter, and the proportion of one-time transactions increased slightly after two quarters of substantial growth.

Microsoft bundled software and services like Office and Azure into

Microsoft has also extended the service life of server equipment from three years to four years. The first quarter of fiscal year 2021 is also the first quarter in which Microsoft has benefited from this accounting adjustment.

Microsoft announced a $7.5 billion acquisition of video game company that quarter Zenimax Media, in addition to failing to deal with hot short video app TikTok.

In January, Microsoft announced a target to cut carbon emissions by 2030. In the first quarter of 2021, Microsoft said it had expanded its carbon reduction target to all its internal businesses and updated its supplier code of conduct so that suppliers must specify emission reduction targets.

Analysts expect Microsoft's revenue to be $40.43 billion in the next quarter, up 9.5% year-on-year.

Microsoft shares were flat in after hours trading after the results were released. Microsoft's shares have risen about 36% since the beginning of 2020, while the standard & Poor's 500 index has risen 5% in the same period. (Chen Chen)

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