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Microsoft Corporation

Microsoft Corporation Q1 2024 Earnings Analysis

Reported on 2023-10-24 / Fiscal Quarter Q1 2024
Revenue Up YoY Margin Improving EPS Up YoY Strong Quarter
Microsoft Corporation delivered a constructive Q1 2024, with growth supported by improving profitability.

Revenue grew 12.8% year over year and fell 76.9% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency. Microsoft Corporation also posted year-over-year earnings growth, reinforcing a more resilient operating profile.

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Source: Company filings / processed earnings data
Revenue
$56.5B
YoY: 12.7589%
QoQ: -76.9433%
Net Income
$22.3B
YoY: 26.9708%
QoQ: 11.01%
EPS (Diluted)
$2.99
YoY: 27.23%
Net Margin
39.4%
YoY: 4.41 pts
QoQ: 3.7 pts
Gross Margin
71.2%
Operating Margin
47.6%
Growth

Revenue trend

Revenue growth stayed positive, supporting a healthier topline trend.

Profitability

Margin and earnings quality

Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.

Investor Focus

What matters next

Investors will continue watching execution quality.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

Microsoft Corporation reported $56.5B in revenue for Q1 2024, up 12.8% YoY and down 76.9% QoQ. Positive year-over-year growth suggests healthier revenue momentum.

Revenue Snapshot
Current Quarter $56.5B
Previous Quarter $56.2B
Same Quarter Last Year $50.1B
YoY Change +12.8%
QoQ Change -76.9%

Profitability Analysis

Net income came in at $22.3B, up 27% YoY and up 11% QoQ. Net margin was 39.4%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.

Profitability Snapshot
Net Income $22.3B
EPS $2.99
Net Margin 39.4%
QoQ Margin Change +3.7 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Microsoft Corporation's revenue in Q1 2024?

Microsoft Corporation reported revenue of $56.5B in Q1 2024.

What was Microsoft Corporation's net income in Q1 2024?

Microsoft Corporation reported net income of $22.3B in Q1 2024.

How did Microsoft Corporation's revenue change year over year?

Microsoft Corporation's revenue increased by 12.8% year over year in Q1 2024.

What was Microsoft Corporation's net margin in Q1 2024?

Microsoft Corporation's net margin was 39.4% in Q1 2024.

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Microsoft Corporation Company Overview

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Microsoft Corporation Revenue & Profit Trends

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Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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