The news: Microsoft’s FYQ3 earnings release showed LinkedIn’s revenues growing 12% YoY, signaling steady growth in platform engagement. LinkedIn CEO Daniel Shapero said overall LinkedIn posts grew 14% in this period, while paid video content increased almost 30% YoY “as creators connect with their audiences and grow their businesses” on LinkedIn.
The company anticipates LinkedIn’s revenues will increase 10% in FYQ4. On its earnings call, CFO Amy Hood noted LinkedIn now has 1.3 billion members.
Zooming in: LinkedIn’s steady ad revenue growth is being fueled by a strategic focus on video, heightened engagement, and strong ad performance metrics—all of which are reinforcing its evolution into a dynamic social platform.
Implications for B2B marketers: Another quarter of double-digit revenue growth indicates that LinkedIn is sustaining its momentum as a force in B2B digital advertising. For marketers, content expansion, increased engagement, and promising ad results point to a platform that is becoming more capable of delivering both engagement and performance.
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