Xbox Series X
Image: Xbox

Microsoft's latest earnings results have been published for the quarter ended March 31, 2022 (FY22 Q3) - revealing Xbox's gaming revenue has increased by 6% year-over-year.

Xbox's "content and services revenue" grew by 4% and was once again driven by growth in first-party titles and Xbox Game Pass subscriptions. It was also "partially offset" by declines from third-party releases.

The company's hardware revenue also increased during this time by 14% - thanks to the continued demand for Xbox Series X|S. For this same period, Microsoft's revenue was $49.4 billion (an increase of 18%) and its net income is $16.7 billion - up by about 13%.

Microsoft and its Xbox division are currently in the process of acquiring Activision Blizzard, which is still a while away from being finalised but could see Activision and Blizzard games join services like Game Pass and Microsoft's cloud gaming services.

Pleased with these results? Give us your thoughts in the comments below.

Please note that some external links on this page are affiliate links, which means if you click them and make a purchase we may receive a small percentage of the sale. Please read our FTC Disclosure for more information.