Microsoft reported earnings on Tuesday, revealing that Xbox is doing exceptionally well right now from a business perspective following the launch of the Xbox Series X|S and the completion of its acquisition of ZeniMax.

Gaming revenue was $3.53 billion for the quarter ended March 31, which is up a whopping 50% year-over-year. Content and services revenue for Xbox jumped by 34%, thanks to game sales and revenue from Game Pass. Xbox hardware revenue, meanwhile, exploded, posting a 232% year-over-year gain thanks in part to the launch of the Xbox Series X|S.

Analyst Daniel Ahmad of Niko Partners also mentioned that gaming revenue for the past 12 months reached about $15 billion, which is up from $10.3 billion for the 12 months before that. In short, Xbox is posting massively successful numbers right now.