NASDAQ$MSFT
Microsoft · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Microsoft's Q3 2024 earnings were released, demonstrating strong cloud performance and overall growth.
Microsoft reported strong Q3 2024 results, with revenue increasing by 17% to $61.9 billion and diluted earnings per share increasing by 20% to $2.94. The growth was fueled by the Microsoft Cloud, which saw a 23% increase in revenue to $35.1 billion.
- Revenue reached $61.9 billion, a 17% increase year-over-year.
- Operating income grew by 23% to $27.6 billion.
- Net income increased by 20% to $21.9 billion.
- Diluted earnings per share rose by 20% to $2.94.
Headline financials
Revenue & EPS history
Microsoft · Revenue · Quarterly
$61.9B
Revenue by segment
Microsoft · $82.9B total across 3 segments · Q3 2026
- Productivity and Business Processes$35B—42.2%
- Intelligent Cloud$34.7B—41.9%
- More Personal Computing$13.2B—15.9%
Forward guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.8%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.9%
Avg return
30 days after
63%
47 / 75 earnings
Positive
+12.0%
Q1 2016
Best reaction
-12.1%
Q4 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -0.0% | -3.1% | +6.0% | |
| Q2 2026 | -5.0% | -14.6% | -18.5% | |
| Q1 2026 | +0.2% | -5.0% | -9.1% | |
| Q4 2025 | -2.8% | +2.8% | -1.3% | |
| Q3 2025 | +7.6% | +9.6% | +16.5% | |
| Q2 2025 | -6.2% | -6.8% | -10.3% | |
| Q1 2025 | -5.9% | -5.4% | -2.0% | |
| Q4 2024 | -2.0% | -4.3% | -3.2% | |
| Q3 2024 | -0.7% | -4.8% | +5.2% | |
| Q2 2024 | -3.0% | +0.4% | +1.0% | |
| Q1 2024 | +3.4% | +0.1% | +14.7% | |
| Q4 2023 | -2.1% | -2.0% | -7.3% | |
| Q3 2023 | +4.8% | +9.0% | +15.7% | |
| Q2 2023 | -0.8% | +2.3% | +5.0% | |
| Q1 2023 | -6.4% | -4.6% | +0.1% | |
| Q4 2022 | +3.8% | +8.5% | +7.7% | |
| Q3 2022 | +0.9% | -1.1% | -5.3% | |
| Q2 2022 | +0.1% | +4.0% | -0.6% | |
| Q1 2022 | +4.9% | +7.6% | +9.7% | |
| Q4 2021 | -1.0% | -1.4% | +3.5% | |
| Q3 2021 | -2.7% | -3.6% | -4.7% | |
| Q2 2021 | +1.5% | +1.1% | -0.2% | |
| Q1 2021 | -3.5% | -3.6% | +1.8% | |
| Q4 2020 | -3.0% | -2.3% | +2.0% | |
| Q3 2020 | +5.5% | +5.3% | +7.9% | |
| Q2 2020 | +4.4% | +5.4% | -2.1% | |
| Q1 2020 | +2.6% | +5.7% | +9.7% | |
| Q4 2019 | +0.3% | +2.2% | -0.1% | |
| Q3 2019 | +3.0% | +3.5% | +0.6% | |
| Q2 2019 | +1.4% | +2.7% | +9.3% | |
| Q1 2019 | +0.2% | -3.9% | -4.7% | |
| Q4 2018 | +1.1% | +2.4% | +2.3% | |
| Q3 2018 | +3.8% | +2.9% | +6.6% | |
| Q2 2018 | +1.6% | -5.1% | +0.3% | |
| Q1 2018 | +6.6% | +5.8% | +5.9% | |
| Q4 2017 | -0.1% | +0.4% | -1.9% | |
| Q3 2017 | +0.9% | +2.2% | +3.1% | |
| Q2 2017 | +3.3% | +1.5% | +1.5% | |
| Q1 2017 | +3.7% | +6.0% | +4.9% | |
| Q4 2016 | +3.6% | +4.8% | +6.7% | |
| Q3 2016 | -6.9% | — | — | |
| Q2 2016 | +7.6% | — | — | |
| Q1 2016 | +12.0% | — | — | |
| Q4 2015 | -2.9% | — | — | |
| Q3 2015 | +11.4% | — | — | |
| Q2 2015 | -9.6% | — | — | |
| Q1 2015 | +3.9% | — | — | |
| Q4 2014 | +0.1% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | +5.8% | — | — | |
| Q4 2013 | -12.1% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -3.2% | — | — | |
| Q4 2012 | -1.1% | — | — | |
| Q3 2012 | +4.1% | — | — | |
| Q2 2012 | +5.2% | — | — | |
| Q1 2012 | +0.1% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2011 | -1.7% | — | — | |
| Q2 2011 | -3.6% | — | — | |
| Q1 2011 | +2.3% | — | — | |
| Q1 2008 | +1.2% | — | — | |
| Q2 2008 | +1.2% | — | — | |
| Q4 2008 | +1.2% | — | — | |
| Q3 2008 | +1.2% | — | — | |
| Q4 2010 | +1.2% | — | — | |
| Q3 2009 | -1.2% | — | — | |
| Q3 2010 | -1.2% | — | — | |
| Q2 2010 | -5.0% | — | — | |
| Q2 2009 | -5.0% | — | — | |
| Q4 2009 | +7.9% | — | — | |
| Q1 2010 | +7.9% | — | — | |
| Q1 2009 | +7.9% | — | — |
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