LinkedIn Business Highlights from Microsoft’s FY21 Q4 Earnings
Yesterday, Microsoft announced Q4 FY21 Earnings. Included in the report on the financial performance were the following LinkedIn highlights:
In Q4 FY21, LinkedIn’s revenue surpassed $10 billion for the first time, up 27%. This is a testament to how mission critical the platform has become to help people connect, learn, grow, and get hired over the course of their careers.
In the five years since the Microsoft acquisition, revenue has nearly tripled, and growth has accelerated. LinkedIn has become a leader across multiple secular growth areas spanning B2B advertising, professional hiring, corporate learning, and sales intelligence.
From LinkedIn profiles within Office, to LinkedIn Learning courses within Microsoft Viva, and LinkedIn Sales Navigator leads within Dynamics 365, we’ve brought together the power of LinkedIn and Microsoft to transform how people learn, sell, and connect.
LinkedIn has more than 774 million members who are more engaged than ever; sessions were up 30% this quarter, compared to a year ago.
LinkedIn’s advertising business surpassed $1 billion in revenue this quarter for the first time, up 97% year over year, growing three times faster than the category.
An improving job market also drove strength in annual contracts and job postings in LinkedIn Talent Solutions.
You can see comments from LinkedIn’s CEO, Ryan Roslansky, on the $10 billion milestone, here, and LinkedIn’s COO, Daniel Shapero, here.
You can also see LinkedIn’s quarterly product highlights, releases and enhancements in the Q4 FY21 product list here. For more information, see the Q4 FY21 earnings release here.