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Charted: How Microsoft Makes Its Billions
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Key Takeaways
- Microsoft generates most of its revenue from its server products and cloud services division, totaling $97.7 billion in the fiscal year ending in June 2024.
- Office products and cloud services brought in $54.9 billion, increasing by roughly $10 billion since 2022.
- Gaming stood among the fastest-growing revenue sources, growing by 39% to reach $21.5 billion, driven by Xbox and Activision Blizzard sales.
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With $245 billion in revenues, Microsoft powers its business through a wide range of revenue streams, with its flagship cloud services business driving 40% of the total.
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. Beyond its cloud business, gaming and office products stood as key areas of growth.
This graphic shows Microsoft revenues in the fiscal year ending in June 2024, based on data from its 10-K annual report.
Microsoft Revenues Climb to $245 Billion
Below, we show how Microsoft’s revenue is fueled by 10 business segments driving sales 16% higher over the year:
Category | Revenue Fiscal Year Ended Jun 30, 2024 | Share of Revenue |
---|---|---|
Server Products and Cloud Services | $97.7B | 39.9% |
Office Products and Cloud Services | $54.9B | 22.4% |
Windows | $23.2B | 9.5% |
Gaming | $21.5B | 8.8% |
$16.4B | 6.7% | |
Search and News Advertising | $12.6B | 5.1% |
Enterprise and Partner Services | $7.6B | 3.1% |
Dynamics Products and Cloud Services | $6.5B | 2.6% |
Devices | $4.7B | 1.9% |
Other | $45M | 0.0% |
Total Revenue | $245B | 100% |
Figures rounded.
Learn More on the Voronoi App
To learn more about this topic from a big tech perspective, check out this graphic on the revenue growth of Magnificent Seven companies in 2024.
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