Microsoft Corporation (MSFT)

Income Statement (Annual)

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012 - 1992
Revenue	198,270	168,088	143,015	125,843	110,360	96,571	91,154	93,580	86,833	77,849	Upgrade
Revenue Growth (YoY)	17.96%	17.53%	13.65%	14.03%	14.28%	5.94%	-2.59%	7.77%	11.54%	5.60%	Upgrade
Cost of Revenue	62,650	52,232	46,078	42,910	38,353	34,261	32,780	33,038	27,078	20,385	Upgrade
Gross Profit	135,620	115,856	96,937	82,933	72,007	62,310	58,374	60,542	59,755	57,464	Upgrade
Selling, General & Admin	27,725	25,224	24,709	23,098	22,223	19,942	19,198	20,324	20,488	20,289	Upgrade
Research & Development	24,512	20,716	19,269	16,876	14,726	13,037	11,988	12,046	11,381	10,411	Upgrade
Other Operating Expenses	0	0	0	0	0	306	1,110	10,011	127	0	Upgrade
Operating Expenses	52,237	45,940	43,978	39,974	36,949	33,285	32,296	42,381	31,996	30,700	Upgrade
Operating Income	83,383	69,916	52,959	42,959	35,058	29,025	26,078	18,161	27,759	26,764	Upgrade
Interest Expense / Income	2,063	2,346	2,591	2,686	2,733	2,222	1,243	781	597	429	Upgrade
Other Expense / Income	-2,396	-3,532	-2,668	-3,415	-4,149	-3,098	-804	-1,127	-658	-717	Upgrade
Pretax Income	83,716	71,102	53,036	43,688	36,474	29,901	25,639	18,507	27,820	27,052	Upgrade
Income Tax	10,978	9,831	8,755	4,448	19,903	4,412	5,100	6,314	5,746	5,189	Upgrade
Net Income	72,738	61,271	44,281	39,240	16,571	25,489	20,539	12,193	22,074	21,863	Upgrade
Net Income Common	72,738	61,271	44,281	39,240	16,571	25,489	20,539	12,193	22,074	21,863	Upgrade
Net Income Growth	18.71%	38.37%	12.85%	136.80%	-34.99%	24.10%	68.45%	-44.76%	0.97%	28.77%	Upgrade
Shares Outstanding (Basic)	7,496	7,547	7,610	7,673	7,700	7,746	7,925	8,177	8,299	8,375	Upgrade
Shares Outstanding (Diluted)	7,540	7,608	7,683	7,753	7,794	7,832	8,013	8,254	8,399	8,470	Upgrade
Shares Change	-0.89%	-0.98%	-0.90%	-0.53%	-0.48%	-2.26%	-2.92%	-1.73%	-0.84%	-0.42%	Upgrade
EPS (Basic)	9.70	8.12	5.82	5.11	2.15	3.29	2.59	1.49	2.66	2.61	Upgrade
EPS (Diluted)	9.65	8.05	5.76	5.06	2.13	3.25	2.56	1.48	2.63	2.58	Upgrade
EPS Growth	19.88%	39.76%	13.83%	137.56%	-34.46%	26.95%	72.97%	-43.73%	1.94%	29.00%	Upgrade
Free Cash Flow Per Share	8.69	7.44	5.94	4.99	4.19	4.05	3.15	2.90	3.25	2.93	Upgrade
Dividend Per Share	2.420	2.190	1.990	1.800	1.650	1.530	1.390	1.210	1.070	0.890	Upgrade
Dividend Growth	10.50%	10.05%	10.56%	9.09%	7.84%	10.07%	14.88%	13.08%	20.23%	17.11%	Upgrade
Gross Margin	68.40%	68.90%	67.80%	65.90%	65.20%	64.50%	64.00%	64.70%	68.80%	73.80%	Upgrade
Operating Margin	42.10%	41.60%	37.00%	34.10%	31.80%	30.10%	28.60%	19.40%	32.00%	34.40%	Upgrade
Profit Margin	36.70%	36.50%	31.00%	31.20%	15.00%	26.40%	22.50%	13.00%	25.40%	28.10%	Upgrade
Free Cash Flow Margin	32.90%	33.40%	31.60%	30.40%	29.20%	32.50%	27.40%	25.40%	31.10%	31.60%	Upgrade
Effective Tax Rate	13.11%	13.83%	16.51%	10.18%	54.57%	14.76%	19.89%	34.12%	20.65%	19.18%	Upgrade
EBITDA	100,239	85,134	68,423	58,056	49,468	40,901	33,504	25,245	33,629	31,236	Upgrade
EBITDA Margin	50.60%	50.60%	47.80%	46.10%	44.80%	42.40%	36.80%	27.00%	38.70%	40.10%	Upgrade
Depreciation & Amortization	14,460	11,686	12,796	11,682	10,261	8,778	6,622	5,957	5,212	3,755	Upgrade
EBIT	85,779	73,448	55,627	46,374	39,207	32,123	26,882	19,288	28,417	27,481	Upgrade
EBIT Margin	43.30%	43.70%	38.90%	36.90%	35.50%	33.30%	29.50%	20.60%	32.70%	35.30%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).