FY23 Q1 - Metrics - Investor Relations

Earnings Release FY23 Q1

Investor Metrics

Investor Metrics
(in millions, except for percentages and where otherwise noted)	Q122	Q222	Q322	Q422	FY22	Q123
Commercial (Includes commercial portion of LinkedIn)
Commercial bookings growth (y/y)*	11% / 14%	32% / 37%	28% / 35%	25% / 35%	25%	-3% / 16%
Commercial remaining performance obligation (in billions)	$137	$147	$155	$189	$189	$180
Commercial revenue annuity mix	95%	94%	96%	96%	95%	96%
Microsoft Cloud revenue (in billions)	$20.7	$22.2	$23.4	$25.1	$91.4	$25.7
Microsoft Cloud gross margin percentage	71%	70%	70%	69%	70%	73%
Productivity & Business Processes and Intelligent Cloud
Office Commercial products and cloud services revenue growth (y/y)*	18% / 16%	14% / 14%	12% / 14%	9% / 13%	13%	7% / 13%
Office Consumer products and cloud services revenue growth (y/y)*	10% / 8%	15% / 15%	11% / 12%	9% / 12%	11%	7% / 11%
Office 365 Commercial seat growth (y/y)	17%	16%	16%	14%	14%	14%
Microsoft 365 Consumer subscribers	54.1	56.4	58.4	59.7	59.7	61.3
Dynamics products and cloud services revenue growth (y/y)*	31% / 29%	29% / 29%	22% / 25%	19% / 24%	25%	15% / 22%
LinkedIn revenue growth (y/y)*	42% / 39%	37% / 36%	34% / 35%	26% / 29%	34%	17% / 21%
Server products and cloud services revenue growth (y/y)*	35% / 33%	29% / 29%	29% / 32%	22% / 26%	28%	22% / 28%
More Personal Computing
Windows OEM revenue growth (y/y)	10%	25%	11%	-2%	11%	-15%
Windows Commercial products and cloud services revenue growth (y/y)*	12% / 10%	13% / 14%	14% / 18%	6% / 12%	11%	8% / 15%
Devices revenue growth (y/y)*	-18% / -19%	5% / 5%	10% / 15%	12% / 18%	2%	2% / 8%
Xbox content and services revenue growth (y/y)*	2% / 0%	10% / 10%	4% / 6%	-6% / -4%	3%	-3% / 1%
Search and news advertising revenue (ex TAC) growth (y/y)*	40% / 39%	32% / 32%	23% / 25%	18% / 21%	27%	16% / 21%

* Includes non-GAAP constant currency growth (GAAP% / Constant Currency%)

Certain amounts have been rounded for presentation purposes

Reconciliation of GAAP and non-GAAP financial measures are available in the Earnings Release Slides (http://aka.ms/slidesfy23q1)

IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.