Sou Hu Cai Jing·2025-07-30 23:42Core Insights - Microsoft reported Q4 FY2025 revenue of $76.4 billion, an 18% year-over-year increase, surpassing market expectations of $73.891 billion [1] - Net profit for the quarter was $27.2 billion, a 24% increase from the previous year, with earnings per share at $3.65 compared to $2.95 in the same quarter last year [1] Business Segment Performance - The Productivity and Business Processes segment generated $33.112 billion in revenue, up 16% year-over-year, with an operating profit of $18.993 billion, compared to $15.706 billion last year [2] - Microsoft 365 commercial products and cloud services revenue grew 16%, driven by an 18% increase in Microsoft 365 commercial cloud services [2] - Microsoft 365 consumer products and cloud services revenue increased by 21%, supported by a 20% rise in Microsoft 365 consumer cloud services [2] - LinkedIn revenue rose 9%, with an 8% increase when excluding currency fluctuations [2] - Dynamics products and cloud services revenue grew 18%, with a 23% increase in Dynamics 365 revenue [2] - The Intelligent Cloud segment reported revenue of $29.878 billion, a 26% increase year-over-year, with an operating profit of $12.14 billion, up from $9.835 billion last year [3] - Server products and cloud services revenue increased by 27%, driven by a 39% rise in Azure and other cloud services [3] - The More Personal Computing segment generated $13.451 billion in revenue, a 9% increase from the previous year, with an operating profit of $3.19 billion, compared to $2.384 billion last year [3] - Windows OEM and devices revenue grew by 3% [3] - Xbox content and services revenue increased by 13%, with a 12% increase when excluding currency fluctuations [3] - Search and news advertising revenue (excluding traffic acquisition costs) rose by 21%, with a 20% increase when excluding currency fluctuations [3] Expenditure Overview - Research and development expenses were $8.829 billion, up from $8.056 billion last year [3] - Sales and marketing expenses increased to $7.285 billion from $6.816 billion last year [3] - General and administrative expenses decreased to $1.990 billion from $2.246 billion last year [3]