Microsoft Income Statement

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

Millions USD. Fiscal year is Jul - Jun.

Year	2023	2022	2021	2020	2019	2018 - 1992
Revenue	211,915	198,270	168,088	143,015	125,843	Upgrade
Revenue Growth (YoY)	6.88%	17.96%	17.53%	13.65%	14.03%	Upgrade
Cost of Revenue	65,863	62,650	52,232	46,078	42,910	Upgrade
Gross Profit	146,052	135,620	115,856	96,937	82,933	Upgrade
Selling, General & Admin	30,334	27,725	25,224	24,709	23,098	Upgrade
Research & Development	27,195	24,512	20,716	19,269	16,876	Upgrade
Operating Expenses	57,529	52,237	45,940	43,978	39,974	Upgrade
Operating Income	88,523	83,383	69,916	52,959	42,959	Upgrade
Interest Expense / Income	1,968	2,063	2,346	2,591	2,686	Upgrade
Other Expense / Income	-2,756	-2,396	-3,532	-2,668	-3,415	Upgrade
Pretax Income	89,311	83,716	71,102	53,036	43,688	Upgrade
Income Tax	16,950	10,978	9,831	8,755	4,448	Upgrade
Net Income	72,361	72,738	61,271	44,281	39,240	Upgrade
Net Income Growth	-0.52%	18.72%	38.37%	12.85%	136.80%	Upgrade
Shares Outstanding (Basic)	7,446	7,496	7,547	7,610	7,673	Upgrade
Shares Outstanding (Diluted)	7,472	7,540	7,608	7,683	7,753	Upgrade
Shares Change	-0.90%	-0.89%	-0.98%	-0.90%	-0.53%	Upgrade
EPS (Basic)	9.72	9.70	8.12	5.82	5.11	Upgrade
EPS (Diluted)	9.68	9.65	8.05	5.76	5.06	Upgrade
EPS Growth	0.31%	19.88%	39.76%	13.83%	137.56%	Upgrade
Free Cash Flow	59,475	65,149	56,118	45,234	38,260	Upgrade
Free Cash Flow Per Share	7.99	8.69	7.44	5.94	4.99	Upgrade
Dividend Per Share	2.660	2.420	2.190	1.990	1.800	Upgrade
Dividend Growth	9.92%	10.50%	10.05%	10.56%	9.09%	Upgrade
Gross Margin	68.92%	68.40%	68.93%	67.78%	65.90%	Upgrade
Operating Margin	41.77%	42.06%	41.59%	37.03%	34.14%	Upgrade
Profit Margin	34.15%	36.69%	36.45%	30.96%	31.18%	Upgrade
Free Cash Flow Margin	28.07%	32.86%	33.39%	31.63%	30.40%	Upgrade
Effective Tax Rate	18.98%	13.11%	13.83%	16.51%	10.18%	Upgrade
EBITDA	105,140	100,239	85,134	68,423	58,056	Upgrade
EBITDA Margin	49.61%	50.56%	50.65%	47.84%	46.13%	Upgrade
Depreciation & Amortization	13,861	14,460	11,686	12,796	11,682	Upgrade
EBIT	91,279	85,779	73,448	55,627	46,374	Upgrade
EBIT Margin	43.07%	43.26%	43.70%	38.90%	36.85%	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).