Microsoft’s worldwide business generated $281.724 billion in revenue in fiscal 2025, while Microsoft Cloud reached $168.9 billion. The figures below cover Microsoft’s fiscal years ending June 30, 2023–2025, quarterly comparisons, workforce data as of June 30, 2024, and sustainability measures reported for FY2023–FY2024 or calendar 2024.
Key Microsoft Statistics
The most useful headline measures are:
- $281.724 billion in Microsoft revenue was reported for FY2025 from worldwide customers.
- $245.122 billion in Microsoft revenue was reported for FY2024 from worldwide customers.
- 15% year-over-year revenue growth was reported worldwide from FY2024 to FY2025.
- $144.546 billion in FY2025 revenue came from customers in the United States.
- $168.9 billion in Microsoft Cloud revenue was reported for the worldwide commercial business in FY2025.
- 23% Microsoft Cloud revenue growth was reported worldwide from FY2024 to FY2025.
- 34% growth in Azure and other cloud services revenue was reported worldwide in FY2025 versus FY2024.
- 89.0 million Microsoft 365 Consumer subscribers were reported worldwide at FY2025 year-end.
- 6% growth in Microsoft 365 Commercial paid seats was reported worldwide at FY2025 year-end versus FY2024 year-end.
- $98.435 billion in server products and cloud services revenue was reported worldwide in FY2025.
- $32.488 billion in research and development spending was reported worldwide in FY2025.
- Approximately 228,000 full-time employees worked for Microsoft worldwide on June 30, 2024.
- 19 GW of renewable-energy capacity was contracted across 16 countries in calendar 2024.
- 21,927,370 metric tons of carbon removals were contracted in Microsoft’s worldwide FY2024 portfolio.
- 16% growth in Xbox content and services revenue was reported worldwide in FY2025 versus FY2024.
- 20% growth in search and news advertising revenue excluding TAC was reported worldwide in FY2025 versus FY2024.
Contents
- Microsoft revenue, profit and geographic statistics
- Microsoft segment and product revenue trends
- Microsoft Cloud, Azure and Microsoft 365 data
- Microsoft workforce, research and capital investment
- Microsoft sustainability and data-center statistics
- Microsoft consumer, gaming and platform statistics
Microsoft Revenue, Profit and Geographic Statistics
Microsoft’s fiscal year ends on June 30. Revenue and operating income in the annual reports are GAAP company measures unless a source identifies a different category or definition.
| Fiscal period | Worldwide revenue | Measure |
|---|---|---|
| FY2023 | $211.915 billion | GAAP revenue |
| FY2024 | $245.122 billion | GAAP revenue |
| FY2025 | $281.724 billion | GAAP revenue |
Microsoft reported $281.724 billion in FY2025 revenue, compared with $245.122 billion in FY2024 and $211.915 billion in FY2023. Revenue increased 15% from FY2024 to FY2025 worldwide. Microsoft 2025 Annual Report
FY2025 geographic revenue was split between $144.546 billion from customers in the United States and $137.178 billion from customers in other countries. Microsoft’s classification uses customer location and includes OEM and certain multinational billings allocated by its geographic method, so it is not necessarily a cash-flow split by billing country. Microsoft 2025 Annual Report
Microsoft operating income was $109.433 billion in FY2024, up 24% from FY2023. This is GAAP operating income for the worldwide company, not a segment margin. Microsoft Corporation Form 10-K for fiscal year 2024
Microsoft Segment and Product Revenue Trends
Microsoft reports three operating segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. FY2024 segment revenue shows the scale of the company’s commercial software, cloud infrastructure and consumer businesses.
| FY2024 operating segment | Revenue | Reported change |
|---|---|---|
| Productivity and Business Processes | $77.728 billion | — |
| Intelligent Cloud | $105.362 billion | 20% increase |
| More Personal Computing | $62.032 billion | 13% increase |
The FY2025 annual-report discussion says Productivity and Business Processes revenue increased $14.0 billion from its FY2024 base, implying approximately $91.0 billion for FY2025. That figure is derived from company-rounded figures and should be treated as approximate rather than as a separately reported exact total. Microsoft 2025 Annual Report
Product and service categories add another view:
- Server products and cloud services generated $98.435 billion worldwide in FY2025; the category includes server products and cloud services.
- Microsoft 365 Commercial products and cloud services generated $87.767 billion worldwide in FY2025, a category that includes products and cloud services rather than subscriptions alone.
- Microsoft 365 Commercial products and cloud services revenue increased $10.8 billion, or 14%, worldwide in FY2025 versus FY2024.
- LinkedIn revenue increased 9% worldwide in FY2025 versus FY2024 across Talent Solutions, Marketing Solutions, Premium Subscriptions and Sales Solutions.
- Dynamics 365 revenue increased 19% worldwide in FY2025 versus FY2024.
These product and service figures come from Microsoft’s annual report and FY25 Q4 investor metrics. Microsoft 2025 Annual Report FY25 Q4 Investor Metrics
Microsoft Cloud, Azure and Microsoft 365 Data
Microsoft Cloud is a company-defined aggregate, not a synonym for Azure. It includes Microsoft 365 Commercial cloud, Azure and other cloud services, commercial LinkedIn and Dynamics 365.
| Microsoft Cloud measure | FY2024 | FY2025 |
|---|---|---|
| Revenue | $137.7 billion | $168.9 billion |
| Year-over-year growth | — | 23% |
| Gross margin | — | 69% |
Microsoft Cloud revenue reached $168.9 billion in FY2025 for the worldwide commercial business, up from $137.7 billion in FY2024. Its FY2025 gross margin was 69%, a Microsoft Cloud measure rather than the margin of the whole company. FY25 Q4 Investor Metrics
Azure and other cloud services revenue grew 34% worldwide in FY2025 versus FY2024 and 39% in Q4 FY2025 versus Q4 FY2024. The category includes Azure, AI consumption services, GitHub cloud, Nuance Healthcare cloud and other cloud services.
Microsoft 365 Commercial cloud revenue grew 15% worldwide among commercial customers in FY2025 versus FY2024. Paid seats grew 6% at FY2025 year-end versus FY2024 year-end; seats mean paid users covered by a Microsoft 365 Commercial subscription at period end. FY25 Q4 Investor Metrics
Microsoft 365 Consumer subscribers reached 89.0 million worldwide at FY2025 year-end, up 8% from FY2024. Consumer cloud revenue grew 11% in FY2025; subscriber counts are end-of-period counts, not monthly active users. FY25 Q4 Investor Metrics
Microsoft Workforce, Research and Capital Investment
Microsoft employed approximately 228,000 full-time people worldwide on June 30, 2024. The total included approximately 126,000 full-time employees in the United States and 102,000 internationally; non-full-time workers were excluded. Microsoft Corporation Form 10-K for fiscal year 2024
| Measure | FY2024 | FY2025 |
|---|---|---|
| Research and development | $27.195 billion | $32.488 billion |
| R&D share of revenue | — | Approximately 12% |
Microsoft spent $32.488 billion on research and development in FY2025, up from $27.195 billion in FY2024. The FY2025 category includes payroll, stock compensation, benefits, technology development, AI training and infrastructure, and related depreciation; Microsoft reported R&D as approximately 12% of revenue. Microsoft 2025 Annual Report
Microsoft declared $24.7 billion in dividends in FY2025. At June 30, 2025, $57.3 billion remained under its $60 billion share-repurchase authorization; remaining authorization is not a commitment to repurchase the full amount. Microsoft 2025 Annual Report
Microsoft Sustainability and Data-Center Statistics
Microsoft’s sustainability figures mix contracted portfolio totals, project-specific outcomes and technology estimates. Contracted removals, renewable capacity and water replenishment are not automatically delivered or generated in the same reporting year.
| Sustainability measure | Period | Reported amount |
|---|---|---|
| Carbon removals contracted | FY2024 | 21,927,370 metric tons |
| Water replenishment contracted | FY2023 | 25,530,485 cubic meters |
| Water replenishment contracted | FY2024 | 50,031,857 cubic meters |
| Renewable energy contracted | Calendar 2024 | 19 GW across 16 countries |
Microsoft contracted 21,927,370 metric tons of carbon removals in FY2024 and 50,031,857 cubic meters of water replenishment, compared with 25,530,485 cubic meters of contracted replenishment in FY2023. It also contracted 19 GW of new renewable energy across 16 countries in calendar 2024; contracted capacity is not equivalent to annual generation. 2025 Environmental Sustainability Report
The same report gives project and technology-specific measures:
- The Quincy, Washington water-reuse utility reduced Microsoft’s potable-water use in that region by 97%; this is a site-specific case study, not a company-wide rate.
- The Quincy utility provides 1.5 million cubic meters of water annually for community drinking-water needs; this is project capacity, not Microsoft-wide supply.
- Microsoft estimates that direct-to-chip cooling can save more than 125 million liters of water per data-center facility each year, with results varying by facility design and operating conditions.
- Microsoft estimates that hybrid timber-steel construction can reduce embodied carbon by up to 65% versus traditional concrete models; the comparison depends on materials, design and life-cycle boundary.
- Microsoft reported 34 GW of new renewable energy contracted across 24 countries in its global procurement program; this portfolio total spans the program period and is not one year’s generation.
2025 Environmental Sustainability Report
Microsoft Consumer, Gaming and Platform Statistics
Microsoft’s consumer measures show different kinds of participation and monetization: subscribers, content and services revenue, OEM licensing, devices, and advertising. They should not be treated as interchangeable user counts.
- Xbox content and services revenue grew 16% worldwide in FY2025 versus FY2024 and 13% in Q4 FY2025 versus Q4 FY2024; the category includes first- and third-party content, in-game content, Game Pass, cloud gaming, advertising and other cloud services.
- Windows OEM and Devices revenue grew 3% worldwide in FY2025 versus FY2024, including Windows Pro and non-Pro OEM licenses, Surface and PC accessories.
- Search and news advertising revenue excluding traffic-acquisition costs grew 20% worldwide in FY2025 versus FY2024 and 21% in Q4 FY2025 versus Q4 FY2024; TAC paid to network publishers and news partners is excluded.
- Microsoft 365 Consumer subscribers were 82.5 million worldwide at FY2024 year-end and 74.9 million at the Q4 FY2023 comparison point.
- Microsoft 365 Consumer cloud revenue grew 7% worldwide in Q4 FY2024 versus Q4 FY2023.
The FY2024 and FY2025 subscriber measures are end-of-period company-reported counts, while revenue growth measures compare the stated fiscal periods. FY25 Q4 Investor Metrics