Microsoft reported strong financial results for the second quarter of fiscal year 2025, ending December 31, 2024. Key highlights include:

- Revenue: $69.6 billion, a 12% increase year-over-year.
- Operating Income: $31.7 billion, up 17%.
- Net Income: $24.1 billion, a 10% increase.
- Diluted Earnings Per Share: $3.23, up 10%.

Business Segment Performance:
- Productivity and Business Processes: Revenue increased 14% to $29.4 billion, driven by growth in Microsoft 365 Commercial and Dynamics products.
- Intelligent Cloud: Revenue rose 19% to $25.5 billion, with Azure and other cloud services growing by 31%.
- More Personal Computing: Revenue remained stable at $14.7 billion, with growth in Windows OEM and Devices offset by declines in other areas.

AI and Cloud Growth:
- Microsoft's AI business achieved an annual revenue run rate of $13 billion, up 175% year-over-year.
- Microsoft Cloud revenue reached $40.9 billion, a 21% increase.

Other Highlights:
- Microsoft returned $9.7 billion to shareholders through dividends and share repurchases.
- The company completed significant product releases and enhancements, focusing on innovation and market expansion.

Outlook:
Microsoft plans to continue investing in cloud and AI infrastructure while maintaining operational discipline. The company will provide detailed forward-looking guidance during its earnings conference call.

For more detailed information, Microsoft's full financial statements and additional disclosures are available in their SEC filings and on their investor relations website.