Earnings Release FY22 Q3

Investor Metrics

Investor Metrics
(in millions, except for percentages and where otherwise noted)	Q321	Q421	FY21	Q122	Q222	Q322
Commercial (Includes commercial portion of LinkedIn)
Commercial bookings growth (y/y)*	39% / 38%	30% / 25%	28%	11% / 14%	32% / 37%	28% / 35%
Commercial remaining performance obligation (in billions)	$117	$141	$141	$137	$147	$155
Commercial revenue annuity mix	94%	95%	94%	95%	94%	96%
Microsoft Cloud revenue (in billions)	$17.7	$19.5	$69.1	$20.7	$22.1	$23.4
Microsoft Cloud gross margin percentage	70%	70%	71%	71%	70%	70%
Productivity & Business Processes and Intelligent Cloud
Office Commercial products and cloud services revenue growth (y/y)*	14% / 10%	20% / 15%	13%	18% / 16%	14% / 14%	12% / 14%
Office Consumer products and cloud services revenue growth (y/y)*	5% / 3%	18% / 15%	10%	10% / 8%	15% / 15%	11% / 12%
Office 365 Commercial seat growth (y/y)	15%	17%	17%	17%	16%	16%
Microsoft 365 Consumer subscribers	50.2	51.9	51.9	54.1	56.4	58.4
Dynamics products and cloud services revenue growth (y/y)*	26% / 22%	33% / 26%	25%	31% / 29%	29% / 29%	22% / 25%
LinkedIn revenue growth (y/y)*	25% / 23%	46% / 42%	27%	42% / 39%	37% / 36%	34% / 35%
Server products and cloud services revenue growth (y/y)*	26% / 23%	34% / 29%	27%	35% / 33%	29% / 29%	29% / 32%
More Personal Computing
Windows OEM revenue growth (y/y)	10%	-3%	0%	10%	25%	11%
Windows Commercial products and cloud services revenue growth (y/y)*	10% / 7%	20% / 14%	14%	12% / 10%	13% / 14%	14% / 19%
Surface revenue growth (y/y)*	12% / 7%	-20% / -23%	5%	-17% / -19%	8% / 8%	13% / 18%
Xbox content and services revenue growth (y/y)*	34% / 32%	-4% / -7%	23%	2% / 0%	10% / 10%	4% / 6%
Search and news advertising revenue (ex TAC) growth (y/y)*	13% / 11%	48% / 45%	10%	40% / 39%	32% / 32%	23% / 25%

* 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/slidesfy22q3)

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.