SAN FRANCISCO, Jan. 29 (Xinhua) -- Microsoft on Wednesday announced its financial results for the second quarter of fiscal year 2025, posting revenues of 69.6 billion U.S. dollars, a 12-percent increase year-on-year.
Ending Dec. 31, 2024, the company's quarterly net income was 24.1 billion dollars, up by 10 percent year-on-year.
Its operating income was up 17 percent to 31.7 billion dollars. Revenue in Productivity and Business Processes was 29.4 billion dollars and increased 14 percent. Revenue in Intelligent Cloud was 25.5 billion dollars, up by 19 percent. Revenue in More Personal Computing was 14.7 billion dollars and relatively unchanged, the company said.
Microsoft posted 3.23 dollars of diluted earnings per share, an increase of 10 percent from a year ago.
The company returned 9.7 billion dollars to shareholders in the form of dividends and share repurchases in the second quarter of fiscal year 2025.
"We are innovating across our tech stack and helping customers unlock the full ROI of AI to capture the massive opportunity ahead," said Satya Nadella, chairman and chief executive officer of Microsoft. "Already, our AI business has surpassed an annual revenue run rate of 13 billion dollars, up 175 percent year over year."
"This quarter Microsoft Cloud revenue was 40.9 billion dollars, up 21 percent year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft. "We remain committed to balancing operational discipline with continued investments in our cloud and AI infrastructure."
