The Microsoft FY24 Q4 results delivered solid growth in Microsoft Cloud revenues. No new numbers were given for Office 365 or Teams users, possibly because of a slowdown in new user acquisition. We learned that Teams Premium now has more than 3 million users and that Copilot for Microsoft 365 is being used by more customers than ever before, but without real numbers it’s hard to say just how well things are going.
Booming Microsoft Cloud revenues and the growth of Office 365 paid seats to 382 million are highlights of Microsoft’s FY23 Q3 results. Other interesting topics included Teams reaching 300 million monthly active users, EMS getting to nearly 250 million users and some hints about how Microsoft will charge for products like Microsoft 365 Copilot when the AI-powered software becomes available.
Every thirteen weeks, Microsoft shares some numbers as part of its quarterly results. The FY23 Q2 data included a new Teams user number (280 million monthly active users) and some clues that Office 365 is approaching 400 million paid seats – or maybe active users. You can never quite tell from the data Microsoft releases. One thing’s for sure. The cloud market is slowing in line with the general economy, which means that Microsoft needs to extract more money from each user to offset the slowdown in seat growth.