| 指标 | Q4 FY2025 | Q3 FY2025 | Q/Q | Q4 FY2024 | Y/Y |
|---|---|---|---|---|---|
| 营收 Revenue | $76,441M | $70,066M | +9% | $245,122M | -69% |
| 毛利率 Gross Margin (GAAP) | 68.6% | 68.7% | -0.1 ppt | 69.8% | -1.2 ppt |
| 毛利率 Gross Margin (Non-GAAP) | N/A | — | — | — | — |
| 研发费用 R&D | $8,829M | $8,198M | +8% | $29,510M | -70% |
| 销售及管理 SG&A | $9,275M | $7,949M | +17% | $32,065M | -71% |
| 折旧摊销 D&A | $11,203M | $8,740M | +28% | $22,287M | -50% |
| 股权激励 SBC | $3,073M | $2,980M | +3% | $10,734M | -71% |
| 营业利润 Operating Income (GAAP) | $34,323M | $32,000M | +7% | $109,433M | -69% |
| 利息费用 Interest Expense | N/A | $594M | — | $2,935M | — |
| 净利润 Net Income (GAAP) | $27,233M | $25,824M | +5% | $88,136M | -69% |
| 净利润 Net Income (Non-GAAP) | N/A | — | — | — | — |
| 指标 | Q4 FY2025 | Q3 FY2025 | Q/Q | Q4 FY2024 | Y/Y |
|---|---|---|---|---|---|
| 每股收益 EPS (GAAP) | $3.65 | $3.46 | +5% | $11.80 | -69% |
| 每股收益 EPS (Non-GAAP) | N/A | — | — | — | — |
| 稀释股数 Diluted Shares | 7,461M | 7,461M | +0% | 7,469M | -0% |
| 实际税率 Effective Tax Rate | 16.5% | 18.0% | -1.5 ppt | 18.0% | -1.5 ppt |
| 板块 | 收入 | 占比 | QoQ | YoY |
|---|---|---|---|---|
| Productivity and Business Processes | $33,112M | 43.3% | — | — |
| Intelligent Cloud | $29,878M | 39.1% | — | — |
| More Personal Computing | $13,451M | 17.6% | — | — |
本季度数据
| 指标 | Q4 FY2025 | Q3 FY2025 | 变化 |
|---|---|---|---|
| 暂无动态指标配置 | |||
"云和 AI 是推动各行各业商业转型的驱动力。我们在全技术栈持续创新，帮助客户在新时代适应和增长。今年 Azure 年收入突破 750 亿美元，同比增长 34%，受所有工作负载增长驱动。" — Satya Nadella, Microsoft Corp.
暂无数据
| 指标 | 数值 | 备注 |
|---|---|---|
| Azure 及其他云服务收入增长率 | +39% YoY | Azure and other cloud services revenue growth of 39%（固定汇率同为 39%），核心云基础设施增速显著加速。 |
| Microsoft 365 Commercial 云收入增长率 | +18% YoY | Microsoft 365 Commercial cloud revenue growth of 18% (up 16% in constant currency)。 |
| Dynamics 365 收入增长率 | +23% YoY | Dynamics 365 revenue growth of 23% (up 21% in constant currency)。 |
| LinkedIn 收入增长率 | +9% YoY | LinkedIn revenue increased 9% (up 8% in constant currency)。 |
| Xbox 内容和服务收入增长率 | +13% YoY | Xbox content and services revenue increased 13% (up 12% in constant currency)。 |
| 搜索和新闻广告收入增长率（不含TAC） | +21% YoY | Search and news advertising revenue excluding traffic acquisition costs increased 21% (up 20% in constant currency)。 |
| 股东回报总额 | $9.4B | Q4 FY2025 通过股票回购（$4,546M）和分红（$6,169M）共向股东返还 $9.4B。 |
| 资本开支 | $17.1B | Additions to property and equipment 达 $17,079M，同比增长 23.1%（去年同期 $13,873M），反映 AI 基础设施投资持续扩大。 |
| 折旧摊销大幅增长 | $11.2B | Depreciation, amortization, and other 达 $11,203M，同比增长 75.6%（去年同期 $6,380M），反映前期大规模资本支出开始折旧。 |
| Azure 全年收入 | 超 $75B | CEO Nadella 表示 Azure 本财年收入突破 $75B，同比增长 34%，受所有工作负载增长驱动。 |