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=== Financial Performance: A Year of Robust Growth === Microsoft’s financial results in 2022 underscored its strength, with revenue reaching $198 billion, an 18% increase from the previous year <ref>{{cite web |url=https://www.kamilfranek.com/microsoft-financial-statements-overview-and-analysis/ |quote=Microsoft's revenue in 2022 was $198 billion, an 18% increase from the previous year. }}</ref>. Net income rose by 19% to $72.7 billion, while the operating margin remained steady at 42% <ref>{{cite web |url=https://www.kamilfranek.com/microsoft-financial-statements-overview-and-analysis/ |quote=Microsoft's net income in 2022 was $72.7 billion, a 19% increase from the previous year. }}</ref><ref>{{cite web |url=https://www.kamilfranek.com/microsoft-financial-statements-overview-and-analysis/ |quote=Microsoft's operating margin in 2022 was stable at 42%. }}</ref>. Azure was a significant contributor, generating $75.3 billion in revenue, reflecting the accelerating global adoption of cloud solutions <ref>{{cite web |url=https://usesignhouse.com/blog/microsoft-azure-stats/ |quote=Azure generated $75.3 billion in revenue in 2022. }}</ref>. In the cloud computing sector, Microsoft held a formidable market share, competing closely with Amazon Web Services (AWS) and Google Cloud Platform (GCP) in a market valued at $602.31 billion in 2023 <ref>{{cite web |url=https://www.hava.io/blog/2024-cloud-market-share-analysis-decoding-industry-leaders-and-trends |quote=AWS, Microsoft Azure, and Google Cloud Platform are the leading players in the cloud computing market. }}</ref>. Operational efficiency was evident, with a 0.5% reduction in emissions despite an 18% increase in business activity <ref>{{cite web |url=https://www.technologyrecord.com/article/microsoft-details-progress-towards-2030-carbon-negative-commitment |quote=Microsoft achieved a 0.5% decline in emissions in 2022 while growing its business by 18%. }}</ref>. This progress aligns with Microsoft’s sustainability goals, as outlined in its 2022 Environmental Sustainability Report <ref>{{cite web |url=https://www.microsoft.com/en-us/corporate-responsibility/sustainability/report |quote=Microsoft aims to become carbon negative, water positive, and zero waste by 2030. }}</ref>.
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