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LinkedIn Premium Passed $2 Billion in Annual Revenue; LinkedIn Revenue Grew 9%

LinkedIn Premium passed $2 billion in annual revenue in Microsoft FY25 Q2, while overall LinkedIn revenue grew 9%. The figures cover different things, and Microsoft later reported 9% growth again for FY26 Q4.
From TheFinanceBase Team2 min to read
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Microsoft reported that LinkedIn Premium first surpassed $2 billion in annual revenue in FY25 Q2, announced January 29, 2025. In the same quarter, overall LinkedIn revenue grew 9% year over year. Those are different measures: the 9% figure covers four LinkedIn business lines, not Premium subscriptions alone. Microsoft’s FY26 Q4 metrics page also reports 9% year-over-year growth for LinkedIn in its latest quarter.

When did LinkedIn Premium pass $2 billion in annual revenue?

Microsoft CEO Satya Nadella said on the company’s FY25 Q2 earnings call, reported January 29, 2025, that “LinkedIn Premium surpassed $2 billion in annual revenue for the first time this quarter.” The milestone refers to that reporting quarter; it should not be read as a current revenue total or as a claim that Premium still generates exactly $2 billion annually. Microsoft FY25 Q2 earnings call

Microsoft did not provide a standalone Premium revenue breakdown beyond the milestone in the cited reporting. The $2 billion figure is therefore best understood as a company-reported annual-revenue threshold, not a detailed quarterly sales figure.

What does LinkedIn’s 9% revenue growth measure?

The 9% growth reported for FY25 Q2 applies to LinkedIn revenue overall, not solely to Premium subscriptions. Microsoft defines LinkedIn revenue as revenue from four businesses:

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  • Talent Solutions
  • Marketing Solutions
  • Premium Subscriptions
  • Sales Solutions

Microsoft’s metrics page does not give separate dollar totals for those lines, so the overall growth figure cannot be used to calculate Premium’s individual growth rate. Microsoft FY26 Q4 metrics

What do Microsoft’s two 9% growth figures mean?

The same reported year-over-year growth rate appears in two different periods. The quarter matters when quoting it:

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Reporting period LinkedIn revenue growth What the figure covers
Microsoft FY25 Q2, reported January 29, 2025 9% year over year Overall LinkedIn revenue
Microsoft FY26 Q4 metrics page, latest quarter listed 9% year over year Overall LinkedIn revenue; the page also presents a constant-currency measure

The second figure is Microsoft’s reported growth rate, not the constant-currency version. Constant-currency growth adjusts for exchange-rate movements; use that measure only when explicitly identifying it. The metrics page distinguishes the two but does not change the scope of LinkedIn revenue: it remains the four-business-line total.

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What else did Microsoft report about Premium?

On the FY25 Q2 earnings call, Microsoft said Premium subscribers had grown nearly 50% over two years. It also said nearly 40% of subscribers had used LinkedIn AI features. These are company-reported subscriber-growth and feature-usage figures, not measures of whether Premium or its AI features improved job-search, employment, or business outcomes. Microsoft FY25 Q2 earnings call

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How to interpret the milestone

  • Premium’s $2 billion milestone: LinkedIn Premium first passed this annual-revenue mark in Microsoft FY25 Q2, reported in January 2025.
  • LinkedIn’s 9% growth: This describes revenue across Talent Solutions, Marketing Solutions, Premium Subscriptions, and Sales Solutions.
  • Current-period context: Microsoft’s FY26 Q4 metrics page also lists 9% year-over-year LinkedIn revenue growth for its latest quarter; it is a separate period from FY25 Q2.
  • Subscriber and AI figures: The nearly 50% subscriber growth and nearly 40% AI-feature usage were reported for Premium on the FY25 Q2 call, but do not establish user outcomes.

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