Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Microsoft.
Income Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $245.12B | $211.91B | $198.27B | $168.09B | $143.01B | $125.84B | $110.36B | $96.57B | $91.15B | $93.58B |
| Cost of Revenue | $74.11B | $65.86B | $62.65B | $52.23B | $46.08B | $42.91B | $38.35B | $34.26B | $32.78B | $33.04B |
| Gross Profit | $171.01B | $146.05B | $135.62B | $115.86B | $96.94B | $82.93B | $72.01B | $62.31B | $58.37B | $60.54B |
| Gross Profit Ratio | 69.76% | 68.92% | 68.40% | 68.93% | 67.78% | 65.90% | 65.25% | 64.52% | 64.04% | 64.70% |
| Research and Development Expenses | $29.51B | $27.20B | $24.51B | $20.72B | $19.27B | $16.88B | $14.73B | $13.04B | $11.99B | $12.05B |
| General and Administrative Expenses | $7.61B | $7.58B | $5.90B | $5.11B | $5.11B | $4.88B | $4.75B | $4.48B | $4.56B | $4.61B |
| Selling and Marketing Expenses | $24.46B | $22.76B | $21.82B | $20.12B | $19.60B | $18.21B | $17.47B | $15.46B | $14.63B | $15.71B |
| Selling General and Administrative Expenses | $32.06B | $30.33B | $27.73B | $25.22B | $24.71B | $23.10B | $22.22B | $19.94B | $19.20B | $20.32B |
| Other Expenses | $-1.32B | $-223.00M | $-32.00M | $98.00M | $-40.00M | $-57.00M | $-59.00M | $-251.00M | $-195.00M | $-267.00M |
| Operating Expenses | $61.58B | $57.53B | $52.24B | $45.94B | $43.98B | $39.97B | $36.95B | $32.98B | $31.19B | $32.37B |
| Cost and Expenses | $135.69B | $123.39B | $114.89B | $98.17B | $90.06B | $82.88B | $75.30B | $67.24B | $63.97B | $65.41B |
| Interest Income | $3.16B | $2.99B | $2.09B | $2.13B | $2.68B | $2.76B | $2.21B | $1.39B | $- | $- |
| Interest Expense | $2.94B | $1.97B | $2.06B | $2.35B | $2.59B | $2.69B | $2.73B | $2.22B | $1.24B | $781.00M |
| Depreciation and Amortization | $22.29B | $13.86B | $14.46B | $10.90B | $12.30B | $11.60B | $9.95B | $7.86B | $5.95B | $5.96B |
| EBITDA | $131.72B | $105.16B | $99.91B | $83.83B | $68.39B | $57.35B | $47.47B | $39.24B | $33.62B | $33.86B |
| EBITDA Ratio | 53.74% | 49.62% | 50.39% | 49.87% | 47.82% | 45.57% | 43.02% | 40.64% | 36.88% | 36.19% |
| Operating Income | $109.43B | $88.52B | $83.38B | $69.92B | $52.96B | $42.96B | $35.06B | $29.02B | $26.08B | $18.16B |
| Operating Income Ratio | 44.64% | 41.77% | 42.06% | 41.59% | 37.03% | 34.14% | 31.77% | 30.06% | 28.61% | 19.41% |
| Total Other Income Expenses Net | $-1.65B | $-238.00M | $302.00M | $1.40B | $-12.00M | $653.00M | $1.94B | $1.41B | $-306.00M | $-8.88B |
| Income Before Tax | $107.79B | $89.31B | $83.72B | $71.10B | $53.04B | $43.69B | $36.47B | $29.90B | $25.64B | $18.51B |
| Income Before Tax Ratio | 43.97% | 42.14% | 42.22% | 42.30% | 37.08% | 34.72% | 33.05% | 30.96% | 28.13% | 19.78% |
| Income Tax Expense | $19.65B | $16.95B | $10.98B | $9.83B | $8.76B | $4.45B | $19.90B | $4.41B | $5.10B | $6.31B |
| Net Income | $88.14B | $72.36B | $72.74B | $61.27B | $44.28B | $39.24B | $16.57B | $25.49B | $20.54B | $12.19B |
| Net Income Ratio | 35.96% | 34.15% | 36.69% | 36.45% | 30.96% | 31.18% | 15.02% | 26.39% | 22.53% | 13.03% |
| EPS | $11.86 | $9.72 | $9.70 | $8.12 | $5.82 | $5.11 | $2.15 | $2.74 | $2.12 | $1.49 |
| EPS Diluted | $11.80 | $9.68 | $9.65 | $8.05 | $5.76 | $5.06 | $2.13 | $2.71 | $2.10 | $1.48 |
| Weighted Average Shares Outstanding | 7.43B | 7.45B | 7.50B | 7.55B | 7.61B | 7.67B | 7.70B | 7.75B | 7.92B | 8.18B |
| Weighted Average Shares Outstanding Diluted | 7.47B | 7.47B | 7.54B | 7.61B | 7.68B | 7.75B | 7.79B | 7.83B | 8.01B | 8.25B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $18.32B | $34.70B | $13.93B | $14.22B | $13.58B | $11.36B | $11.95B | $7.66B | $6.51B | $5.59B |
| Short Term Investments | $57.23B | $76.56B | $90.83B | $116.11B | $122.95B | $122.46B | $121.82B | $125.32B | $106.73B | $90.93B |
| Cash and Short Term Investments | $75.54B | $111.26B | $104.76B | $130.33B | $136.53B | $133.82B | $133.77B | $132.98B | $113.24B | $96.53B |
| Net Receivables | $56.92B | $48.69B | $44.26B | $38.04B | $32.01B | $29.52B | $26.48B | $19.79B | $18.28B | $17.91B |
| Inventory | $1.25B | $2.50B | $3.74B | $2.64B | $1.90B | $2.06B | $2.66B | $2.18B | $2.25B | $2.90B |
| Other Current Assets | $26.02B | $21.81B | $16.92B | $13.39B | $11.48B | $10.15B | $6.75B | $4.90B | $5.89B | $5.46B |
| Total Current Assets | $159.73B | $184.26B | $169.68B | $184.41B | $181.91B | $175.55B | $169.66B | $159.85B | $139.66B | $124.71B |
| Property Plant Equipment Net | $154.55B | $109.99B | $87.55B | $70.80B | $52.90B | $43.86B | $36.15B | $23.73B | $18.36B | $14.73B |
| Goodwill | $119.22B | $67.89B | $67.52B | $49.71B | $43.35B | $42.03B | $35.68B | $35.12B | $17.87B | $16.94B |
| Intangible Assets | $27.60B | $9.37B | $11.30B | $7.80B | $7.04B | $7.75B | $8.05B | $10.11B | $3.73B | $4.83B |
| Goodwill and Intangible Assets | $146.82B | $77.25B | $78.82B | $57.51B | $50.39B | $49.78B | $43.74B | $45.23B | $21.61B | $21.77B |
| Long Term Investments | $19.52B | $9.88B | $6.89B | $5.98B | $2.96B | $2.65B | $1.86B | $6.02B | $10.43B | $12.05B |
| Tax Assets | $22.27B | $20.16B | $13.52B | $7.18B | $6.41B | $7.54B | $1.37B | $531.00M | $1.48B | $1.92B |
| Other Non-Current Assets | $9.27B | $10.44B | $8.38B | $7.89B | $6.73B | $7.19B | $6.07B | $5.72B | $2.17B | $1.04B |
| Total Non-Current Assets | $352.43B | $227.72B | $195.16B | $149.37B | $119.40B | $111.00B | $89.19B | $81.23B | $54.03B | $51.51B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $512.16B | $411.98B | $364.84B | $333.78B | $301.31B | $286.56B | $258.85B | $241.09B | $193.69B | $176.22B |
| Account Payables | $22.00B | $18.09B | $19.00B | $15.16B | $12.53B | $9.38B | $8.62B | $7.39B | $6.90B | $6.59B |
| Short Term Debt | $14.87B | $5.25B | $2.75B | $8.07B | $3.75B | $5.52B | $4.00B | $10.12B | $12.90B | $7.48B |
| Tax Payables | $5.02B | $4.15B | $4.07B | $2.17B | $2.13B | $5.67B | $2.12B | $718.00M | $580.00M | $606.00M |
| Deferred Revenue | $57.58B | $50.90B | $45.54B | $41.52B | $36.00B | $32.68B | $28.91B | $34.10B | $27.47B | $23.22B |
| Other Current Liabilities | $30.84B | $29.91B | $27.80B | $23.90B | $20.03B | $21.85B | $16.97B | $12.91B | $12.09B | $12.56B |
| Total Current Liabilities | $125.29B | $104.15B | $95.08B | $88.66B | $72.31B | $69.42B | $58.49B | $64.53B | $59.36B | $49.86B |
| Long Term Debt | $42.69B | $54.72B | $58.52B | $59.70B | $67.25B | $72.85B | $77.81B | $76.07B | $40.78B | $27.81B |
| Deferred Revenue Non-Current | $2.60B | $2.91B | $2.87B | $2.62B | $3.18B | $4.53B | $3.81B | $10.38B | $6.44B | $2.10B |
| Deferred Tax Liabilities Non-Current | $2.62B | $433.00M | $230.00M | $198.00M | $204.00M | $233.00M | $541.00M | $531.00M | $1.48B | $2.83B |
| Other Non-Current Liabilities | $70.49B | $43.54B | $41.59B | $40.62B | $40.06B | $37.19B | $35.48B | $17.18B | $13.64B | $13.54B |
| Total Non-Current Liabilities | $118.40B | $101.60B | $103.22B | $103.13B | $110.70B | $114.81B | $117.64B | $104.17B | $62.34B | $46.28B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $243.69B | $205.75B | $198.30B | $191.79B | $183.01B | $184.23B | $176.13B | $168.69B | $121.70B | $96.14B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $100.92B | $93.72B | $86.94B | $83.11B | $80.55B | $78.52B | $71.22B | $69.31B | $68.18B | $68.47B |
| Retained Earnings | $173.14B | $118.85B | $84.28B | $57.05B | $34.57B | $24.15B | $13.68B | $2.65B | $2.28B | $9.10B |
| Accumulated Other Comprehensive Income Loss | $-5.59B | $-6.34B | $-4.68B | $1.82B | $3.19B | $-340.00M | $-2.19B | $431.00M | $1.54B | $2.52B |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $268.48B | $206.22B | $166.54B | $141.99B | $118.30B | $102.33B | $82.72B | $72.39B | $72.00B | $80.08B |
| Total Equity | $268.48B | $206.22B | $166.54B | $141.99B | $118.30B | $102.33B | $82.72B | $72.39B | $72.00B | $80.08B |
| Total Liabilities and Stockholders Equity | $512.16B | $411.98B | $364.84B | $333.78B | $301.31B | $286.56B | $258.85B | $241.09B | $193.69B | $176.22B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $512.16B | $411.98B | $364.84B | $333.78B | $301.31B | $286.56B | $258.85B | $241.09B | $193.69B | $176.22B |
| Total Investments | $76.75B | $86.44B | $97.71B | $122.09B | $125.92B | $125.11B | $123.68B | $131.34B | $117.16B | $102.98B |
| Total Debt | $97.85B | $59.97B | $61.27B | $67.78B | $71.00B | $78.37B | $81.81B | $86.19B | $53.69B | $35.29B |
| Net Debt | $79.54B | $25.26B | $47.34B | $53.55B | $57.42B | $67.01B | $69.86B | $78.53B | $47.18B | $29.70B |
Cash Flow Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $88.14B | $72.36B | $72.74B | $61.27B | $44.28B | $39.24B | $16.57B | $21.20B | $16.80B | $12.19B |
| Depreciation and Amortization | $22.29B | $13.86B | $14.46B | $11.69B | $12.80B | $11.68B | $10.26B | $8.78B | $6.62B | $5.96B |
| Deferred Income Tax | $-4.74B | $-6.06B | $-5.70B | $-150.00M | $-3.62B | $-3.53B | $13.04B | $-3.30B | $-448.00M | $224.00M |
| Stock Based Compensation | $10.73B | $9.61B | $7.50B | $6.12B | $5.29B | $4.65B | $3.94B | $3.27B | $2.67B | $2.57B |
| Change in Working Capital | $1.82B | $-2.39B | $446.00M | $-936.00M | $2.15B | $937.00M | $2.28B | $69.36B | $55.78B | $46.59B |
| Accounts Receivables | $-7.19B | $-4.09B | $-6.83B | $-6.48B | $-2.58B | $-2.81B | $-3.86B | $-925.00M | $-530.00M | $1.46B |
| Inventory | $1.28B | $1.24B | $-1.12B | $-737.00M | $168.00M | $597.00M | $-465.00M | $50.00M | $600.00M | $-272.00M |
| Accounts Payables | $3.54B | $-2.72B | $2.94B | $2.80B | $3.02B | $232.00M | $1.15B | $81.00M | $88.00M | $-1.05B |
| Other Working Capital | $4.19B | $3.18B | $5.46B | $3.48B | $1.54B | $2.92B | $5.46B | $70.16B | $55.62B | $46.45B |
| Other Non Cash Items | $57.98B | $196.00M | $-409.00M | $-1.25B | $-219.00M | $-792.00M | $-2.21B | $-59.81B | $-48.09B | $-38.45B |
| Net Cash Provided by Operating Activities | $118.55B | $87.58B | $89.03B | $76.74B | $60.67B | $52.19B | $43.88B | $39.51B | $33.33B | $29.08B |
| Investments in Property Plant and Equipment | $-44.48B | $-28.11B | $-23.89B | $-20.62B | $-15.44B | $-13.93B | $-11.63B | $-8.13B | $-8.34B | $-5.94B |
| Acquisitions Net | $-69.13B | $-1.67B | $-22.04B | $-8.91B | $-2.52B | $-2.39B | $-888.00M | $-25.94B | $-1.39B | $-3.72B |
| Purchases of Investments | $-17.73B | $-37.65B | $-26.46B | $-62.92B | $-77.19B | $-57.70B | $-137.38B | $-176.91B | $-129.76B | $-98.73B |
| Sales Maturities of Investments | $35.67B | $47.86B | $44.89B | $65.80B | $84.17B | $58.24B | $143.94B | $164.39B | $115.34B | $85.86B |
| Other Investing Activities | $-1.30B | $-3.12B | $-2.83B | $-922.00M | $-1.24B | $540.00M | $-98.00M | $-197.00M | $203.00M | $-466.00M |
| Net Cash Used for Investing Activities | $-96.97B | $-22.68B | $-30.31B | $-27.58B | $-12.22B | $-15.77B | $-6.06B | $-46.78B | $-23.95B | $-23.00B |
| Debt Repayment | $-575.00M | $-2.75B | $-9.02B | $-3.75B | $-5.52B | $-4.00B | $-10.06B | $-7.92B | $-2.80B | $-1.50B |
| Common Stock Issued | $2.00B | $1.87B | $1.84B | $1.69B | $1.34B | $1.14B | $1.00B | $772.00M | $668.00M | $634.00M |
| Common Stock Repurchased | $-17.25B | $-22.25B | $-32.70B | $-27.39B | $-22.97B | $-19.54B | $-10.72B | $-11.79B | $-15.97B | $-14.44B |
| Dividends Paid | $-21.77B | $-19.80B | $-18.14B | $-16.52B | $-15.14B | $-13.81B | $-12.70B | $-11.85B | $-11.01B | $-9.88B |
| Other Financing Activities | $-1.31B | $-1.01B | $-863.00M | $-2.52B | $-3.75B | $-675.00M | $-971.00M | $39.19B | $20.71B | $16.11B |
| Net Cash Used Provided by Financing Activities | $-37.76B | $-43.94B | $-58.88B | $-48.49B | $-46.03B | $-36.89B | $-33.59B | $8.41B | $-8.39B | $-9.08B |
| Effect of Forex Changes on Cash | $-210.00M | $-194.00M | $-141.00M | $-29.00M | $-201.00M | $-115.00M | $50.00M | $19.00M | $-67.00M | $-73.00M |
| Net Change in Cash | $-16.39B | $20.77B | $-293.00M | $648.00M | $2.22B | $-590.00M | $4.28B | $1.15B | $915.00M | $-3.07B |
| Cash at End of Period | $18.32B | $34.70B | $13.93B | $14.22B | $13.58B | $11.36B | $11.95B | $7.66B | $6.51B | $5.59B |
| Cash at Beginning of Period | $34.70B | $13.93B | $14.22B | $13.58B | $11.36B | $11.95B | $7.66B | $6.51B | $5.59B | $8.67B |
| Operating Cash Flow | $118.55B | $87.58B | $89.03B | $76.74B | $60.67B | $52.19B | $43.88B | $39.51B | $33.33B | $29.08B |
| Capital Expenditure | $-44.48B | $-28.11B | $-23.89B | $-20.62B | $-15.44B | $-13.93B | $-11.63B | $-8.13B | $-8.34B | $-5.94B |
| Free Cash Flow | $74.07B | $59.48B | $65.15B | $56.12B | $45.23B | $38.26B | $32.25B | $31.38B | $24.98B | $23.14B |