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

LinkedIn, social platforms where people look for work and talk, can be less visible than the years that were an independent company in Microsoft’s earnings. However, almost during earning, LinkedIn often publishes some images that indicate how it grows.

Wednesday, as Microsoft Its Q2 has reported the numberThe agency has noted that LinkedIn revenue has increased by 9% compared to last year. And later, in the comments of earning, Microsoft CEO Satya Nadella confirmed that LinkedIn has passed a record $ 2 billion in earning premium subscription in the last 12 months.

LinkedIn, whose more than 1 billion users now (premium and free) are not disclosing how much it earns in total earnings during the 12-month period, or what other LinkedIn’s business divisions are creating. However for a few points of reference:

• In March 2024LinkedIn has noted that premium subscription income was $ 1.7 billion for 12 months.
• It Approximately It was in 2024, LinkedIn had about $ 16.2 billion income. Doing rough maths, which means premium subses about 12.5%of LinkedIn’s income.
• These numbers are notable, but the new lines of Microsoft’s business, especially AI, are growing rapidly and can soon be impressed. In the comments on Wednesday, Nadella mentioned that AI made $ 1 billion at the annual revenue run rate in this quarter, which has increased 175% of last year. In fact, after the call to earn, LinkedIn said that they were expected to increase the future income from lower to mid-one numbers “dragging by headwinds in the talent solution section.

Nevertheless, the image of $ 2 billion is a milestone for LinkedIn and more users to sign in and induce users to pay for the company that is creating an increasing number of additional features to fold. In the last two years, the overall number has increased by about 50%, the company has told TechCrunch.

Linkedin CEO Roslanki told TechCrunch in a statement, “A handful of digital domestic companies in the history of creating a $ 2B revenue subscription business have ever achieved.” “We have focused on designing and repeating a price-based model to meet our customers’ needs-those who want to accelerate their career or increase their business. We have a big bet on our investment on AI tools to accelerate how our customers attach our customers and pay it to the AI ​​equipment “and are paying it”

LinkedIn has been fairly selected about what its financial and user’s statistics reveal about Since Microsoft has earned it in 2016Choosing to focus on good news to offset less powerful numbers.

With the report of earning Q2 Q2, the $ 2 billion image came out that slowed down its cloud business – a downturn that reduces company shares in After Market Trading.

The premium subscription image covers both the career and business level. LinkedIn says that new AI features are launched – these include features AI -driven job victim’s equipment And tools to help Professional to develop -Premium has seen strong tech-ups with customers, where about 40% of them are using features.