← MICROSOFT CORP

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $90.0b
$110.4b +22.69%
$125.8b +14.03%
$143.0b +13.65%
$168.1b +17.53%
$198.3b +17.96%
$211.9b +6.88%
$245.1b +15.67%
$281.7b +14.93%
$331.8b +17.79%
Cost of Revenue $34.3b
$38.4b +11.94%
$42.9b +11.88%
$46.1b +7.38%
$52.2b +13.36%
$62.6b +19.95%
$65.9b +5.13%
$74.1b +12.53%
$87.8b +18.51%
$106.4b +21.11%
Gross Profit $55.7b
$72.0b +29.30%
$82.9b +15.17%
$96.9b +16.89%
$115.9b +19.52%
$135.6b +17.06%
$146.1b +7.69%
$171.0b +17.09%
$193.9b +13.38%
$225.5b +16.28%
Research and Development Expense $13.0b $14.7b $16.9b $19.3b $20.7b $24.5b $27.2b $29.5b $32.5b $35.6b
Selling and Marketing Expense $15.5b $17.5b $18.2b $19.6b $20.1b $21.8b $22.8b $24.5b $25.7b $26.7b
General and Administrative Expense $4.5b $4.8b $4.9b $5.1b $5.1b $5.9b $7.6b $7.6b $7.2b $8.0b
Amortization of Intangible Assets $1.7b $2.2b $1.9b $1.6b $1.6b $2.0b $2.5b $4.8b $6.0b $4.7b
Operating Expenses — — — — — — — — $65.4b $70.2b
Operating Income (Loss) $22.3b
$35.1b +57.03%
$43.0b +22.54%
$53.0b +23.28%
$69.9b +32.02%
$83.4b +19.26%
$88.5b +6.16%
$109.4b +23.62%
$128.5b +17.45%
$155.2b +20.78%
Interest Expense $2.2b $2.7b $2.7b $2.6b $2.3b $2.1b $2.0b $2.9b — —
Investment Income, Net $1.4b $2.2b $2.8b $2.7b $2.1b $2.1b $3.0b $3.2b $2.6b $3.3b
Equity Securities, FV-NI, Realized Gain (Loss) — — $276.0m $83.0m $123.0m $29.0m $75.0m $18.0m $83.0m $125.0m
Foreign Currency Transaction Gain (Loss), before Tax ($164.0m) ($218.0m) ($82.0m) ($191.0m) $54.0m ($75.0m) $181.0m ($244.0m) $171.0m ($527.0m)
Gain (Loss) on Investments $2.6b $2.4b $648.0m $32.0m $1.2b $461.0m $260.0m ($118.0m) ($349.0m) $4.4b
Gain (Loss) on Derivative Instruments, Net, Pretax ($510.0m) ($187.0m) $144.0m $187.0m $17.0m ($52.0m) ($456.0m) ($187.0m) ($260.0m) $1.9b
Other income (expense):
Other Nonoperating Income (Expense) ($251.0m) ($59.0m) ($57.0m) ($40.0m) $98.0m ($32.0m) ($223.0m) ($1.3b) ($4.7b) $4.7b
Interest Expense (non-operating) — — — — — — — — $2.4b $3.1b
Nonoperating Income (Expense) $823.0m $1.4b $729.0m $77.0m $1.2b $333.0m $788.0m ($1.6b) ($4.9b) $10.7b
Income (Loss) from Continuing Operations before Income Taxes, Domestic $453.0m $11.5b $15.8b $24.1b $35.0b $47.8b $52.9b $62.9b $69.2b $103.6b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — $83.7b $89.3b $107.8b $123.6b $165.9b
Current Income Tax Expense (Benefit) $5.2b $25.0b $10.9b $8.7b $10.0b $16.7b $23.0b $24.4b $28.9b $17.8b
Income Tax Expense (Benefit) $1.9b $19.9b $4.4b $8.8b $9.8b $11.0b $16.9b $19.7b $21.8b $32.2b
Net Income (Loss) Attributable to Parent $21.2b
$16.6b -21.85%
$39.2b +136.80%
$44.3b +12.85%
$61.3b +38.37%
$72.7b +18.72%
$72.4b -0.52%
$88.1b +21.80%
$101.8b +15.54%
$133.7b +31.34%
Earnings Per Share, Basic $2.74 $2.15 $5.11 $5.82 $8.12 $9.70 $9.72 $11.86 $13.70 $18.00
Earnings Per Share, Diluted $2.71 $2.13 $5.06 $5.76 $8.05 $9.65 $9.68 $11.80 $13.64 $17.95
Common Stock, Dividends, Per Share, Declared $1.56 $1.68 $1.84 $2.04 $2.24 $2.48 $2.72 $3.00 $3.32 $3.64
Weighted Average Number of Shares Outstanding, Basic 7.7b 7.7b 7.7b 7.6b 7.5b 7.5b 7.4b 7.4b 7.4b 7.4b
Weighted Average Number of Shares Outstanding, Diluted 7.8b 7.8b 7.8b 7.7b 7.6b 7.5b 7.5b 7.5b 7.5b 7.5b
Additional Financial Items
Capitalized Computer Software, Amortization $55.0m $54.0m — — — — — — — —
Goodwill, Impairment Loss — — — — — — — — $0 —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.