Financials in USD. Standardized financial statements.
A compact view of how Microsoft Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $281.72B | $245.12B | $211.91B | $198.27B | $168.09B | $143.01B | $125.84B | $110.36B | $96.57B | $91.15B |
| Revenue Growth? | +14.9% | +15.7% | +6.9% | +18.0% | +17.5% | +13.6% | +14.0% | +14.3% | +5.9% | 0.0% |
| Cost of Revenue? | $87.83B | $74.11B | $65.86B | $62.65B | $52.23B | $46.08B | $42.91B | $38.35B | $34.26B | $32.78B |
| Gross Profit? | $193.89B | $171.01B | $146.05B | $135.62B | $115.86B | $96.94B | $82.93B | $72.01B | $62.31B | $58.37B |
| Gross Margin? | +68.8% | +69.8% | +68.9% | +68.4% | +68.9% | +67.8% | +65.9% | +65.2% | +64.5% | +64.0% |
| Operating Expenses? | $65.36B | $61.58B | $57.53B | $52.24B | $45.94B | $43.98B | $39.97B | $36.95B | $32.98B | $32.30B |
| Operating Income? | $128.53B | $109.43B | $88.52B | $83.38B | $69.92B | $52.96B | $42.96B | $35.06B | $29.02B | $26.08B |
| EBITDA? | $160.16B | $133.01B | $105.14B | $100.24B | $85.13B | $68.42B | $58.06B | $49.47B | $40.90B | $33.50B |
| Income Before Tax | $123.63B | $107.79B | $89.31B | $83.72B | $71.10B | $53.04B | $43.69B | $36.47B | $29.90B | $25.64B |
| Income Tax Expense | $21.80B | $19.65B | $16.95B | $10.98B | $9.83B | $8.76B | $4.45B | $19.90B | $4.41B | $5.10B |
| Net Income? | $101.83B | $88.14B | $72.36B | $72.74B | $61.27B | $44.28B | $39.24B | $16.57B | $25.49B | $20.54B |
| EPS? | $13.70 | $11.86 | $9.72 | $9.70 | $8.12 | $5.82 | $5.11 | $2.15 | $3.29 | $2.12 |
| Diluted EPS? | $13.64 | $11.80 | $9.68 | $9.65 | $8.05 | $5.76 | $5.06 | $2.13 | $3.25 | $2.10 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality