Xbox Fiscal Results Highlight Record Revenue

Microsoft’s third-quarter 2021 fiscal results have been shared via their earnings report, and as we’ve seen for several quarters in a row now, the news is quite promising for Xbox.

You can find the full earnings report from Microsoft here. Below are the Gaming/Xbox highlights with some of our commentary:

  • Hardware up 232% YoY
    • Given the Xbox Series consoles, this is expected. As has been discussed, the Series consoles seem to be selling quite well with demand continuing to exceed supply.
  • Content and Services up 34% YoY ($739 million)
    • The growth of Game Pass is definitely a factor here alongside digital and in-game sales.
  • Overall Gaming revenue up 50% YoY and reached $5 billion for the first time in company history
    • According to Microsoft, this is due to a combination of Xbox, content, services, and new hardware.

*Stay tuned as more details may be shared this evening in an investor’s call.

By Seasoned Gaming

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