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LinkedIn passes $2B in premium revenues in 12 months, with overall revenues up 9% on the year

TechCrunch LogoTechCrunch1d ago

LinkedIn passes $2B in premium revenues in 12 months, with overall revenues up 9% on the year - TechCrunch

Quick Summary:

LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company.

In remarks earlier today, Microsoft CEO Satya Nadella noted that AI made $13 billion in an annual revenue run rate this quarter, up 175% on last year.

Doing the rough math, that means that Premium subs are around 12.5% of LinkedIn’s revenues.— These numbers are significant, but Microsoft’s newer lines of business, specifically AI, are growing faster and may soon overshadow it.


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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

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Published On: 2025-01-29 @ 23:02:24 (1 days ago)

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Language: English

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Copyright Owner: © TechCrunch

News ID: 25613227

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