Microsoft revenue hits $245 billion
Microsoft reports $245 billion revenue for Fiscal Year ended June 30, 2024, a 16% increase, driven by strong performance in cloud services and other key sectors.
Microsoft's revenue hits $245B in 2024! | Illustration: Ashrafun naher Ananna
Microsoft's revenue climbed to $245 billion in 2024, up from $212 billion the previous year, which represents a 16% increase. As the world's second-largest company by market cap, the company reported net income of $88.1 billion in 2024, posting an impressive 22% annual increase.
Azure leads Microsoft's revenue in 2024 | Illustration: Ashrafun naher Ananna
Source: Visual Capitalist
Keep updated, follow The Business Standard's Google news channel
