FY19 Q2 - Performance - Investor Relations - Microsoft
Browse Prior Earnings Releases:
Earnings Release FY19 Q2
Performance
Revenue increased $3.6 billion or 12%, driven by growth across each of our segments. Intelligent Cloud revenue increased, driven by server products and cloud services. Productivity and Business Processes revenue increased, driven by Office and LinkedIn. More Personal Computing revenue increased, driven by Surface and Gaming.
Operating income increased $1.6 billion or 18%, driven by growth across each of our segments.
Key changes in expenses were:
• Cost of revenue increased $1.4 billion or 12%, driven by growth in commercial cloud and Surface.
• Research and development expenses increased $566 million or 16%, driven by investments in cloud engineering.
• Sales and marketing expenses increased $26 million or 1%, driven by investments in commercial sales capacity, offset in part by a decrease in marketing.
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Information contained in these documents is current as of the earnings date, and not restated for new accounting standards