Microsoft records $56.2 billion in revenue and $20.1 billion in net income for FY23 Q4

silversurfer

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Microsoft has announced its latest financial numbers, this time for the fourth quarter of its 2023 fiscal year that ended on June 30, 2023. Revenues came in at $56.2 billion, up 8 percent from the same period a year ago. Operating income came in at $24.3 billion, up 18 percent from the same period a year ago, and net income was $20.1 billion for the quarter, up 20 percent from the same period a year ago.

Microsoft's diluted earnings per share were $2.69 per share, up 21 percent from the same period a year ago. In the press release, Microsoft's chief financial officer Amy Hood made a special mention of the company's cloud revenues: "We delivered a solid close to the fiscal year driven by Microsoft Cloud quarterly revenue of $30.3 billion, up 21% (up 23% in constant currency) year-over-year."
Microsoft also revealed its full fiscal year 2023 revenues. Revenues for the full year were $211.9 billion, up 7 percent from a year ago, and operating income was $88.5 billion, up 6 percent from a year ago. Net income was $72.4 billion GAAP, which was down slightly, with $73.3 billion in non-GAAP net income, up by 6 percent.
 

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