Microsoft reported strong Q1 2024 financial growth with a 13% revenue increase to $56.5 billion and a 27% rise in net income to $22.3 billion.

According to "Microsoft Form 10-Q: Q1 2024": Microsoft reported strong Q1 2024 financial growth with a 13% revenue increase to $56.5 billion and a 27% rise in net income to $22.3 billion.

The company is managing a $28.9 billion tax dispute with the IRS regarding intercompany transfer pricing for the fiscal years 2004–2013.

According to "Microsoft Form 10-Q: Q1 2024": The company is managing a $28.9 billion tax dispute with the IRS regarding intercompany transfer pricing for the fiscal years 2004–2013.

Microsoft completed the $61.8 billion acquisition of Activision Blizzard, which is now a key focus for operational integration.

According to "Microsoft Form 10-Q: Q1 2024": Microsoft completed the $61.8 billion acquisition of Activision Blizzard, which is now a key focus for operational integration.

Gaming revenue grew by 9% during the quarter, contributing to the company's overall performance alongside the Intelligent Cloud and Productivity segments.

According to "Microsoft Form 10-Q: Q1 2024": Gaming revenue grew by 9% during the quarter, contributing to the company's overall performance alongside the Intelligent Cloud and Productivity segments.

As of September 30, 2023, Microsoft maintains a liquidity position of $144.0 billion in cash and short-term investments to fund AI and cloud infrastructure development.

According to "Microsoft Form 10-Q: Q1 2024": As of September 30, 2023, Microsoft maintains a liquidity position of $144.0 billion in cash and short-term investments to fund AI and cloud infrastructure development.

The company faces significant operational risks, including cybersecurity threats, data privacy concerns, and potential antitrust enforcement related to its global digital ecosystem.

According to "Microsoft Form 10-Q: Q1 2024": The company faces significant operational risks, including cybersecurity threats, data privacy concerns, and potential antitrust enforcement related to its global digital ecosystem.

Back to report

Key Insights

Microsoft Form 10-Q: Q1 2024

Microsoft~173 min full read

01
Microsoft reported strong Q1 2024 financial growth with a 13% revenue increase to $56.5 billion and a 27% rise in net income to $22.3 billion.
02
The company is managing a $28.9 billion tax dispute with the IRS regarding intercompany transfer pricing for the fiscal years 2004–2013.
03
Microsoft completed the $61.8 billion acquisition of Activision Blizzard, which is now a key focus for operational integration.
04
Gaming revenue grew by 9% during the quarter, contributing to the company's overall performance alongside the Intelligent Cloud and Productivity segments.
05
As of September 30, 2023, Microsoft maintains a liquidity position of $144.0 billion in cash and short-term investments to fund AI and cloud infrastructure development.
06
The company faces significant operational risks, including cybersecurity threats, data privacy concerns, and potential antitrust enforcement related to its global digital ecosystem.

That's the gist.

Dive into the full report for the data, charts, and sources behind these takeaways.

Read the full report