LinkedIn, the social platform in which people search for and talk about, may be less clear in Microsoft’s profits compared to the years when an independent company was. But at the time of profits, LinkedIn often reveals some numbers that indicate how they continue to grow.
On Wednesday, like Microsoft She informed her Q2 numbersThe company noted that LinkedIn’s revenues grew by 9 % during the past year. After that, in the profits remarks, Microsoft CEO Satia Nadilla confirmed that LinkedIn has a value of $ 2 billion of distinguished subscription revenues in the past 12 months.
LinkedIn, which now includes more than a billion users (premium and free), does not reveal the amount of what they have achieved in the total revenue in that 12 months, nor what are the other commercial divisions in LinkedIn. But some reference points:
- in March 2024LinkedIn indicated that excellent subscription revenues amounted to $ 1.7 billion for 12 months.
- that it estimated In 2024, LinkedIn achieved revenues of about $ 16.2 billion. Coastin mathematics, this means that excellent submarines are about 12.5 % of LinkedIn’s revenues.
- These numbers are important, but the latest Microsoft business lines, specifically Amnesty International, grow faster and may demand them soon. In the notes earlier today, CEO of Microsoft Satya Nadella indicated that artificial intelligence achieved $ 13 billion in the annual revenue rate of revenue this quarter, an increase of 175 % over last year. Indeed, later the profit call, LinkedIn said that future revenues are expected to grow in “low to medium numbers” that are drawn by the opposite winds in the talent solutions section.
However, the figure of $ 2 billion is a milestone for LinkedIn and speaks to the company’s batch that folds it in an increasing number of additional features at paid levels to persuade more users to sign and pay. The total number has grown about 50 % in the past two years, as the company tells Techcrunch.
“Building a 2 -billion dollar revenue subscription is only a numerical native companies in history,” Ryan Rosleski, CEO of LinkedIn, told Techcrunch in a statement. “We focus on designing and continuing to repeat on a valuable model to meet the needs of our subscribers-those who want to accelerate their career or develop their businesses. We bet on our investments in artificial intelligence tools to help subscribers accelerate how to contact the opportunity, and they are afflicted.”
LinkedIn was somewhat selective about what it revealed about his financial numbers and users since Microsoft acquired it in 2016, and chose to focus on good news to compensate for the lowest numbers.
The number of $ 2 billion comes at a time when Microsoft has reported the Q2 profits that indicated the slowdown in its cloud business – a slowdown that sent the company’s shares in after -sales trading.
The excellent subscription number covers both professions and business rituals. LinkedIn says that new artificial intelligence features-which include features such as functional tools and tools that are on behalf of artificial intelligence features.
