Microsoft Dynamics passes $5 billion in revenue: New Business Apps performance data
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Microsoft reported a "solid close" to its fiscal year earlier this week, including continued Business Applications growth in Q4, with Dynamics 365 revenue growth continuing to growth faster than the broader Dynamics product line.
In their earnings call, Microsoft CEO Satya Nadella and CFO Amy Hood voiced enthusiasm for the continued deployment of AI offerings and the uptake of new offerings like Teams Premium. They also provided new details on the performance of Microsoft Dynamics and Power Platform.
Dynamics revenue grew 19%, driven by Dynamics 365, which grew 26% in Q4, and Hood noted "continued healthy growth across all workloads." The company is forecasting revenue growth in the mid to high-teens driven by continued growth in Dynamics 365.
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