Xbox FY24 Q2 gaming revenue up 49% year-over-year, driven by impact of Activision Blizzard acquisition

What you need to know

• Microsoft shared its financial results for FY24 Q2, the quarter ending on Dec. 31, 2023.
• Gaming revenue is up 49% year-over-year. 
• Xbox content and services revenue is up 61% year-over-year. 
• Xbox hardware revenue is up 3% year-over-year. 

The latest financial results are in, with some long-awaited earnings that finally factor in an acquisition almost two years in the making. 

Microsoft shared its financial results for FY24 Q2 on Tuesday, revealing the company’s sales data through Dec. 31, 2023. According to the earnings, gaming revenue is up 49% year-over-year, beating expectations. Xbox content and services revenue is up 61% year-over-year, with Xbox hardware revenue up 3% year-over-year.