Oct 30, 2024
📈 Microsoft's Revenue Reaches $254 Billion, Net Income Hits $91 Billion in LTM Q3 2024
· 2024 Performance: By the end of Q3 2024, Microsoft reported strong financial growth, with net revenue at $192.2 billion and net income of $68.6 billion, representing year-over-year increases of 16.1% and 13.1%, respectively.
· Last Twelve Months (LTM) Q3 2024: Microsoft’s revenue over the trailing twelve months ending in Q3 2024 reached $254.2 billion, while net income totaled $90.5 billion, underscoring its continued financial strength and leadership in the technology sector.
· Historical Growth: From 1995 to Q3 2024, Microsoft achieved a compound annual growth rate (CAGR) of 13.1% in revenue and 14.5% in net income, underscoring a steady long-term growth trajectory across its operations.