This article discusses the statistics on Microsoft: LinkedIn Revenue 2020. LinkedIn is now one of the many types of product offerings of Microsoft Corp after the former was acquired for more than $ 26 billion in 2016. This was a bold move considering the challenges faced post the acquisition of Nokia. However, this seemingly bold move proved to be a step in the right direction with a nearly 50% rise in LinkedIn’s user base since the announcement.
Importance of tracking Microsoft’s LinkedIn revenue
In line with the original aim of the above acquisition – to integrate LinkedIn with Microsoft’s enterprise software, the professional networking site recently announced a gradual shift to the tech giant’s Azure cloud service. Tracking the revenue would help determine how this and future moves of LinkedIn would ultimately impact share prices.
Analysis of performance of Microsoft based on LinkedIn revenue
In the first quarter of FY 2020, LinkedIn accounted for just under 4% of the total product revenues for that fiscal period. This marks a significant drop in LinkedIn’s total revenue contribution over the past 11 quarters.
The highest quarterly revenue of the professional networking site was of $ 1.84 billion during the last quarter of FY 2019. In the same quarter of the previous year, this figure stood at $ 1.46 billion.
There was a 328% jump in revenues from Q2 FY 2017 to Q3. In each of the following two quarters, the QoQ growth was reduced to single digits. The second highest growth was a mere 14% from the first to the second quarter of FY 2018, which reduced to 11% from Q1 to Q2 FY 2019. The revenues recorded in Q3 FY 2019 was just marginal increase from Q2. In Q1 FY 2020, there was a 34% decline from Q4 FY 2019.