Microsoft MSFT · Nasdaq Services-Prepackaged Software · Fiscal year ends Jun 30
annual quarterly
Last 5 fiscal years
Revenue and net income $0 $100B $200B $300B $400B Jun 2022 Jun 2023 Jun 2024 Jun 2025 Jun 2026 Income statement Fiscal year Jun 2022 Jun 2023 Jun 2024 Jun 2025 Jun 2026 Revenue $198B $212B $245B $282B $332B Cost of revenue $62.7B $65.9B $74.1B $87.8B $106B Gross profit $136B $146B $171B $194B $225B Research & development $24.5B $27.2B $29.5B $32.5B $35.6B Operating income $83.4B $88.5B $109B $129B $155B Interest expense $2.1B $2B $2.9B $2.4B $3.1B Pre-tax income $83.7B $89.3B $108B $124B $166B Income tax $11B $17B $19.7B $21.8B $32.2B Net income $72.7B $72.4B $88.1B $102B $134B Diluted EPS 9.65 9.68 11.80 13.64 17.95 Diluted shares 7,540M 7,472M 7,469M 7,465M 7,453M
Balance sheet Fiscal year Jun 2022 Jun 2023 Jun 2024 Jun 2025 Jun 2026 Cash & equivalents $13.9B $34.7B $18.3B $30.2B $20.9B Receivables $44.3B $48.7B $56.9B $69.9B $80.9B Inventory $3.7B $2.5B $1.2B $938M $1.4B Current assets $170B $184B $160B $191B $208B Net PP&E $74.4B $95.6B $136B $205B $313B Goodwill $67.5B $67.9B $119B $120B $120B Total assets $365B $412B $512B $619B $758B Payables $19B $18.1B $22B $27.7B $42.4B Deferred revenue $45.5B $50.9B $57.6B $64.6B $73B Current liabilities $95.1B $104B $125B $141B $169B Short-term debt $2.7B $5.2B $2.2B $3B $9.2B Long-term debt $49.8B $47.2B $44.9B $43.2B $40.3B Total liabilities $198B $206B $244B $276B $316B Shareholders' equity $167B $206B $268B $343B $442B Backlog (remaining obligations) $193B $229B $275B $375B $684B
Cash flow Fiscal year Jun 2022 Jun 2023 Jun 2024 Jun 2025 Jun 2026 Operating cash flow $89B $87.6B $119B $136B $183B Capital expenditure $23.9B $28.1B $44.5B $64.6B $116B Free cash flow $65.1B $59.5B $74.1B $71.6B $67B Depreciation & amortisation $12.6B $11B $15.2B $22B $34.3B Stock-based compensation $7.5B $9.6B $10.7B $12B $12.4B Share buybacks $32.7B $22.2B $17.3B $18.4B $22.3B Dividends paid $18.1B $19.8B $21.8B $24.1B $26.4B Dividend per share 2.48 2.72 3.00 3.32 3.64
Key ratios Fiscal year Jun 2022 Jun 2023 Jun 2024 Jun 2025 Jun 2026 Revenue growth (YoY) – 6.9% 15.7% 14.9% 17.8% Operating income growth (YoY) – 6.2% 23.6% 17.4% 20.8% EPS growth (YoY) – 0.3% 21.9% 15.6% 31.6% Gross margin 68.4% 68.9% 69.8% 68.8% 67.9% Operating margin 42.1% 41.8% 44.6% 45.6% 46.8% Net margin 36.7% 34.1% 36.0% 36.1% 40.3% Return on equity 43.7% 35.1% 32.8% 29.6% 30.2% ROCEEBIT ÷ (assets − current liabilities) 30.9% 28.8% 28.3% 26.9% 26.3% Free cash flow margin 32.9% 28.1% 30.2% 25.4% 20.2% Cash conversion (CFO ÷ net income) 1.22x 1.21x 1.35x 1.34x 1.37x Receivable days 81 84 85 91 89 Inventory days 22 14 6 4 5 Payable days 111 100 108 115 146 Interest cover 40.4x 45.0x 37.3x 53.9x 50.9x Debt ÷ equity 0.32x 0.25x 0.18x 0.13x 0.11x Net debtDebt − cash & equivalents; excludes investments; negative = net cash $38.6B $17.8B $28.9B $15.9B $28.6B Current ratio 1.78x 1.77x 1.27x 1.35x 1.23x
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.