Microsoft beats revenue expectations, reporting 22% growth in Q1 2022

Microsoft Q1 2022 revenue grew almost 22% year over year, which is the fastest growth since 2018 with revenue growth of 21% over the previous quarter.

  • Intelligent Cloud – which includes Azure, GitHub, Windows etc, was up 31% year over year and delivered $16.96 billion in revenue.
  • Productivity and Business Processes – which includes Dynamics, LinkedIn and Office, was up 22% and delivered $15.04 billion in revenue (within this segment Dynamics itself grew 48%).
  • Personal Computing business, including Windows, devices, gaming and search advertising, was up 12% with$13.31 billion in revenue.

This quarter has seen Microsoft introduce new Surface devices and announce acquisitions of several cyber security start ups including CloudKnox and RiskIQ. They also have taken on Amazon cloud executive Charlie Bell to work on cybersecurity and committed to spend even more security research and development with $20 billion announced over the next 5 years.

Image (C) CNBC

Price rises for Office 365 are coming too… as earlier this quarter, Microsoft annouced that Office 365 commercial licenses were increasing by 10% across all but their E5 suite. This doesn’t affect edu, nfr or consumer.

You can read the full press release here

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