Microsoft has reported on the results of the second fiscal quarter of 2022, which ended on December 31. It also became known how the entire calendar year 2021 passed for the company — it turned out to be a record for the gaming direction.
The main figures for the fiscal second quarter of 2022
- Microsoft’s total revenue for October-December 2021 was $51.7 billion. This is 20% more than a year ago. The company’s net profit increased by 21% to $18.8 billion.
- How much the game direction earned during the quarter is not reported. Microsoft noted only that quarterly revenue from games increased by 8% compared to last year. However, it can be assumed that revenue amounted to about $ 5.4 billion (since it is known that in the second fiscal quarter of 2021, the games brought the company over $ 5 billion).
- Console revenue grew 4% thanks to the success of the Xbox Series X|S. According to analysts, at the moment the company has sold over 12 million consoles of the new generation.
- Quarterly revenue from Xbox content and services grew by 10% year-on-year. This was due to the growing popularity of the Game Pass subscription and Microsoft’s own games. Recall that last week the company announced that the number of Game Pass subscribers reached 25 million people.
- During a conversation with investors, Microsoft also noted that 20 million people have played in Halo Infinite since its release — this is the best launch in the history of the franchise. Another novelty, Forza Horizon 5, was played by more than 18 million people.
The main figures for the calendar year 2021
- Analyst Daniel Ahmad estimated that in 2021, Microsoft’s gaming revenue reached a record $16.28 billion – an increase of 17.7% year—on-year.
- The sales of Xbox content and services brought the most money to the direction — $12.6 billion (77%). They have grown by 8.8% over the year.
- Revenue from sales of gaming hardware amounted to $3.7 billion, which is 63.3% more than in calendar 2020.