Microsoft Q4 FY16 Results: Azure revenue grew 102%

Cloud revenue

Microsoft today announced FYQ4 2016 earnings results. Revenue was $20.6 billion GAAP, and $22.6 billion non-GAAP and operating income was $3.1 billion GAAP, and $6.2 billion non-GAAP. Revenue in Intelligent Cloud grew 7% (up 10% in constant currency) to $6.7 billion, with the following business highlights:

  • Server products and cloud services revenue increased 5% (up 8% in constant currency) driven by double-digit annuity revenue growth
  • Azure revenue grew 102% (up 108% in constant currency) with Azure compute usage more than doubling year-over-year
  • Enterprise Mobility customers nearly doubled year-over-year to over 33,000, and the installed base grew nearly 2.5x year-over-year

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