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A few hours ago, Microsoft posted its quarterly results for FY22Q3. The strong quarter saw revenue of $49.4 billion, fueled by growth across all business segments including Office, cloud, Windows, gaming, Surface, and more.
Some other interesting stats about the usage of Microsoft products and services were revealed too and we have summarized them below by aggregating data points from a handy Twitter thread initiated by Microsoft"s Corporate Vice President of Communications Frank X. Shaw. Check out the figures below:
- The number of $100 million+ Azure deals with customers more than doubled year-over-year (YoY)
- Cosmos DB transactions and data volume increased over 100% YoY for the third consecutive quarter
- Synapse data volume more than doubled YoY
- Visual Studio now has more than 31 million monthly active users and includes most of the Fortune 500 companies
- GitHub"s usage increased among startups and independent developers, 90% of Fortune 100 companies use the platform
- Power Platform is now one of Microsoft"s fastest growing business at scale, surpassing $2 billion in revenue - which is an uptick of 72% YoY
- Power BI has over 200,000 customers
- Overall, Dynamics 365 is growing faster than the business applications market
- LinkedIn saw record engagement, 830 million people used the platform for learning, growth, connecting, and hiring. The number of companies using skill filters on LinkedIn to fill vacancies also doubled YoY. Similarly, confirmed hires on LinkedIn increase 88% while Talent Solutions revenue was up by 43%
- 28 million LinkedIn users are now subscribed to at least one newsletter, this is a 51% increase over the previous quarter
- Teams usage has "never been higher" with smaller businesses using the affordable Teams Essentials solution too
- There are over 1,000 third-party apps available in the Teams app store
- Organizations which sign up for Microsoft 365 can save as much as 60%, compared to a patchwork of single point identity, productivity, collaboration, and meeting solutions
- Viva has over 10 million monthly active users now
- The amount of time people spend on their PCs is increasing
- More than 100 million PCs shipped in each of the last eight quarters
- Microsoft Start now has 500 million monthly active users
- Edge is gaining market share
- Azure Active Directory (AAD) has 550 million monthly active users
- The number of customers who trust Microsoft"s security solutions is at 785,000. This is a 50% YoY increase
- Microsoft has 15,000 security partners in its ecosystem, which is more than any competitor
- Xbox Series X and Series S were the market leaders this quarter in the U.S., Canada, UK, and Western Europe
- 10 million people have now streamed games via Xbox Cloud Gaming and the service has expanded to four more countries
- Game Pass subscribers have played "billions of hours" in the past 12 months, a 45% YoY increase
- Azure gaming revenue to date in this fiscal year grew by 66%
All of these stats certainly paint a very healthy picture about the usage of Microsoft apps, products, and services. The company experienced growth across all of its flagship products including Azure, Visual Studio, GitHub, LinkedIn, Xbox, AAD, Teams, and Microsoft 365. It will be interesting to see if the Redmond tech firm is able to maintain this growth going into the next quarter.
That said, it has cautioned that it expects single-digit revenue increase in the next quarterly results compared to the double-digit rise it experienced in this one.