Xbox Game Pass set a new quarterly record for revenue while also growing its PC subscriber base by over 30%. Satya Nadella, Microsoft's CEO, touted the success of Black Ops 6, the most recent entry in the Call of Duty series, as well as Indiana Jones and the Great Circle, which has already been played by over 4 million people.

Q2 earnings reveal a decline in Xbox hardware revenue, while content and services revenue has increased. The company posted its latest earnings report on Wednesday, January 29, 2025. Xbox FY25 Q2 earnings in brief: Microsoft Gaming revenue declined 7% (down 8% in constant currency) Xbox hardware revenue down 29% Xbox content and service revenue up 2% Xbox Cloud Gaming logged 140 million hours of engagement PC Game Pass subscriptions are up 30% Compared to the last quarter,

Microsoft financial results are in, with Xbox Q2 2025 gaming revenue down 7%, while Xbox Game Pass saw growth.