LinkedIn Business Highlights from Microsoft’s FY23 Q4 Earnings
Today, Microsoft announced Q4 FY23 Earnings. Included in the report on the financial performance were the following LinkedIn highlights:
In Q4, LinkedIn’s revenue increased 5% year-over-year (7% in constant currency).
LinkedIn’s revenue surpassed $15 billion for the first time this fiscal year and membership growth has now accelerated for eight quarters in a row, a testament to how mission critical the platform has become to help more than 950 million members connect, learn, sell, and get hired.
Our Talent Solutions business surpassed $7 billion in revenue for the first time over the past 12 months, and our hiring business took share for the fourth consecutive quarter.
We continue to use AI to help our members and customers connect to opportunities and tap into the experiences of experts on the platform. Our AI-powered collaborative articles are now the fastest-growing traffic driver to LinkedIn.
And finally, we’re helping LinkedIn stay trusted and authentic. More than 7 million members have verified who they are or where they work, many using new integrations with Microsoft Entra, as well as CLEAR and Hyperverge.