FY19 Q4 - Productivity and Business Processes Performance - Investor Relations - Microsoft
Browse Prior Earnings Releases:
Earnings Release FY19 Q4
Productivity and Business Processes
Revenue increased $5.3 billion or 15%.
• Office Commercial revenue increased $3.2 billion or 13%, driven by Office 365 Commercial, offset in part by lower revenue from products licensed on-premises, reflecting a continued shift to cloud offerings. Office 365 Commercial grew 33%, due to growth in seats and higher average revenue per user.
• Office Consumer revenue increased $286 million or 7%, driven by Office 365 Consumer, due to recurring subscription revenue and transactional strength in Japan.
• LinkedIn revenue increased $1.5 billion or 28%, driven by growth across each line of business.
• Dynamics revenue increased 15%, driven by Dynamics 365 growth.
Operating income increased $3.3 billion or 25%, including an unfavorable foreign currency impact of 2%.
• Gross margin increased $4.1 billion or 15%, driven by growth in Office Commercial and LinkedIn. Gross margin percentage increased slightly, due to gross margin percentage improvement in LinkedIn and Office 365 Commercial, offset in part by an increased mix of cloud offerings.
• Operating expenses increased $806 million or 6%, driven by investments in LinkedIn and cloud engineering, 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