Microsoft Azure 2021 Year in Review: Cloud growth under a stock market microscope

Microsoft continued to impress Wall Street in calendar year 2021 (spanning the company's fiscal 2021 and 2022) with revenue and earnings numbers that exceeded expectations and a resilient product lineup that was able to thrive in the Covid-19 pandemic recovery.

Microsoft Q2 2021 results: Azure cloud revenue outperforms (Jan. 26)

Microsoft announced its 2021 Q2 earnings of $43.1 billion, up 17%. Net income rose 33% to $15.5 billion and earnings per share were up 34%. Azure revenue growth came in at 50%, beating analyst consensus numbers soundly.

“Accelerating demand for our differentiated offerings drove commercial cloud revenue to $16.7 billion, up 34% year over year,” said Amy Hood, executive vice president and chief financial officer of Microsoft. “We continue to benefit from our investments in strategic, high-growth areas.”

Microsoft Q3 2021 results: Cloud revenue up, Dynamics 365 growth accelerates (Apr. 13)

Microsoft announced its 2021 Q3 earnings, beating estimates with revenue of $41.7 billion, up 19%. Net income rose 44% to $15.5 billion and earnings per share were up 45%.

“The Microsoft Cloud, with its end-to-end solutions, continues to provide compelling value to our customers generating $17.7 billion in commercial cloud revenue, up 33% year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft.

Azure revenue grew at 50%, once again.

Microsoft reports 2021 Q4 and full year earnings, with Azure growth steady (Jul. 27)

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