MSFT Income Statement - TTM - Microsoft Corporation

Income Statement (TTM)

Microsoft Corporation Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	147,114	153,284	159,969	168,088	176,251	184,903	192,557	198,270	203,075	204,094	207,591	211,915	218,310	227,583	236,584	245,122	254,190	261,802	270,010	281,724
Change (%)		4.19	4.36	5.08	4.86	4.91	4.14	2.97	2.42	0.50	1.71	2.08	3.02	4.25	3.96	3.61	3.70	2.99	3.14	4.34
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	46,674	48,510	50,580	52,232	54,876	57,642	60,212	62,650	64,456	64,832	65,345	65,863	66,561	68,848	71,225	74,114	77,911	80,087	83,501	87,831
Change (%)		3.93	4.27	3.27	5.06	5.04	4.46	4.05	2.88	0.58	0.79	0.79	1.06	3.44	3.45	4.06	5.12	2.79	4.26	5.19
% of Revenue	31.73	31.65	31.62	31.07	31.14	31.17	31.27	31.60	31.74	31.77	31.48	31.08	30.49	30.25	30.11	30.24	30.65	30.59	30.93	31.18

Gross Operating Profit	100,440	104,774	109,389	115,856	121,375	127,261	132,345	135,620	138,619	139,262	142,246	146,052	151,749	158,735	165,359	171,008	176,279	181,715	186,509	193,893
Change (%)		4.32	4.40	5.91	4.76	4.85	3.99	2.47	2.21	0.46	2.14	2.68	3.90	4.60	4.17	3.42	3.08	3.08	2.64	3.96
% of Revenue	68.27	68.35	68.38	68.93	68.86	68.83	68.73	68.40	68.26	68.23	68.52	68.92	69.51	69.75	69.89	69.76	69.35	69.41	69.07	68.82

SG&A	24,475	24,507	24,732	25,224	25,708	26,385	27,051	27,725	28,415	29,668	29,986	30,334	30,471	30,678	31,404	32,065	32,794	32,834	32,664	32,877
Change (%)		0.13	0.92	1.99	1.92	2.63	2.52	2.49	2.49	4.41	1.07	1.16	0.45	0.68	2.37	2.10	2.27	0.12	-0.52	0.65
% of Revenue	16.64	15.99	15.46	15.01	14.59	14.27	14.05	13.98	13.99	14.54	14.44	14.31	13.96	13.48	13.27	13.08	12.90	12.54	12.10	11.67

R&D	19,630	19,926	20,243	20,716	21,389	22,248	23,350	24,512	25,541	26,627	27,305	27,195	27,226	27,524	28,193	29,510	30,395	31,170	31,715	32,488
Change (%)		1.51	1.59	2.34	3.25	4.02	4.95	4.98	4.20	4.25	2.55	-0.40	0.11	1.09	2.43	4.67	3.00	2.55	1.75	2.44
% of Revenue	13.34	13.00	12.65	12.32	12.14	12.03	12.13	12.36	12.58	13.05	13.15	12.83	12.47	12.09	11.92	12.04	11.96	11.91	11.75	11.53

OpEx	90,779	92,943	95,555	98,172	101,973	106,275	110,613	114,887	118,412	121,127	122,636	123,392	124,258	127,050	130,822	135,689	141,100	144,091	147,880	153,196
Change (%)		2.38	2.81	2.74	3.87	4.22	4.08	3.86	3.07	2.29	1.25	0.62	0.70	2.25	2.97	3.72	3.99	2.12	2.63	3.59
% of Revenue	61.71	60.63	59.73	58.41	57.86	57.48	57.44	57.94	58.31	59.35	59.08	58.23	56.92	55.83	55.30	55.36	55.51	55.04	54.77	54.38

Operating Income	56,335	60,341	64,414	69,916	74,278	78,628	81,944	83,383	84,663	82,967	84,955	88,523	94,052	100,533	105,762	109,433	113,090	117,711	122,130	128,528
Change (%)		7.11	6.75	8.54	6.24	5.86	4.22	1.76	1.54	-2.00	2.40	4.20	6.25	6.89	5.20	3.47	3.34	4.09	3.75	5.24
% of Revenue	38.29	39.37	40.27	41.59	42.14	42.52	42.56	42.06	41.69	40.65	40.92	41.77	43.08	44.17	44.70	44.64	44.49	44.96	45.23	45.62

Interest Expense	-2,539	-2,452	-2,465	-2,330	-2,280	-2,233	-2,104	-2,047	-2,012	-1,984	-1,995	-1,995	-2,033	-2,461	-2,762	-2,983	-3,039	-2,722	-2,514	-2,425
Change (%)		-3.43	0.53	-5.48	-2.15	-2.06	-5.78	-2.71	-1.71	-1.39	0.55	-0.00	1.90	21.05	12.23	8.00	1.88	-10.43	-7.64	-3.54
% of Revenue	-1.73	-1.60	-1.54	-1.39	-1.29	-1.21	-1.09	-1.03	-0.99	-0.97	-0.96	-0.94	-0.93	-1.08	-1.17	-1.22	-1.20	-1.04	-0.93	-0.86

Net Income	47,496	51,310	56,015	61,271	67,883	71,185	72,456	72,738	69,789	67,449	69,020	72,361	77,096	82,541	86,181	88,136	90,512	92,750	96,635	101,832
Change (%)		8.03	9.17	9.38	10.79	4.86	1.79	0.39	-4.05	-3.35	2.33	4.84	6.54	7.06	4.41	2.27	2.70	2.47	4.19	5.38
% of Revenue	32.29	33.47	35.02	36.45	38.51	38.50	37.63	36.69	34.37	33.05	33.25	34.15	35.31	36.27	36.43	35.96	35.61	35.43	35.79	36.15

Source: Capital IQ

AT:MSFT
PE:MSFT
CH:MSFT
BG:MSF
DE:MSF	€421.90
GB:0QYP	$507.67
CL:MSFTCL
CL:MSFT
IT:1MSFT	€423.05
KZ:MSFT_KZ	$510.44
MX:MSFT
PL:MSFT	PLN1,833.80
GB:MSFD
CH:000951692

Microsoft Corporation - Income Statement (TTM)

Income Statement (TTM)

Other Listings