Microsoft Corporation is a multinational technology company that develops, licenses, and supports software, services, devices, and solutions. The company is best known for its Windows operating systems, the Microsoft 365 productivity suite, and the Azure cloud computing platform.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
281,724,000
245,122,000
211,915,000
198,270,000
Cost of Sales
87,831,000
74,114,000
65,863,000
62,650,000
Gross Profit
193,893,000
171,008,000
146,052,000
135,620,000
Selling, General & Administrative Expenses
32,877,000
32,065,000
30,334,000
27,725,000
Research & Development Expenses
32,488,000
29,510,000
27,195,000
24,512,000
Operating Profit
128,528,000
109,433,000
88,523,000
83,383,000
Non-Operating Income
(4,901,000)
(1,646,000)
788,000
333,000
Total Non-Operating Income
(4,901,000)
(1,646,000)
788,000
333,000
Income Before Provision for Income Taxes
123,627,000
107,787,000
89,311,000
83,716,000
Provision for Income Taxes
21,795,000
19,651,000
16,950,000
10,978,000
Consolidated Net Income
101,832,000
88,136,000
72,361,000
72,738,000
Net Income Attributable to Common Shareholders
101,832,000
88,136,000
72,361,000
72,738,000
Basic EPS
13.70
11.86
9.72
9.70
Diluted EPS
13.64
11.80
9.68
9.65
Basic Weighted Average Shares Outstanding
7,433,000
7,431,000
7,446,000
7,496,000
Diluted Weighted Average Shares Outstanding
7,465,000
7,469,000
7,472,000
7,540,000
Shares Outstanding
7,434,000
7,434,000
7,432,000
7,464,000
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
30,242,000
18,315,000
34,704,000
13,931,000
Short-Term Investments
64,323,000
57,228,000
76,558,000
90,826,000
Total Cash and Cash Equivalents
94,565,000
75,543,000
111,262,000
104,757,000
Accounts Receivable
69,905,000
56,924,000
48,688,000
44,261,000
Total Trade Receivables
69,905,000
56,924,000
48,688,000
44,261,000
Inventories
938,000
1,246,000
2,500,000
3,742,000
Other Current Assets
25,723,000
26,021,000
21,807,000
16,924,000
Total Current Assets
191,131,000
159,734,000
184,257,000
169,684,000
Net Property, Plant & Equipment
229,789,000
154,552,000
109,987,000
87,546,000
Net Intangible Assets
22,604,000
27,597,000
9,366,000
11,298,000
Goodwill
119,509,000
119,220,000
67,886,000
67,524,000
Long-Term Investments
15,405,000
14,600,000
9,879,000
6,891,000
Other Long-Term Assets
40,565,000
36,460,000
30,601,000
21,897,000
Total Assets
619,003,000
512,163,000
411,976,000
364,840,000
Accounts Payable
27,724,000
21,996,000
18,095,000
19,000,000
Accrued Expenses
13,709,000
12,564,000
11,009,000
10,661,000
Short-Term Debt
—
6,693,000
0
—
Current Portion of Long-Term Debt
2,999,000
2,249,000
5,247,000
2,749,000
Unearned Revenue
64,555,000
57,582,000
50,901,000
45,538,000
Other Current Liabilities
32,231,000
24,202,000
18,897,000
17,134,000
Total Current Liabilities
141,218,000
125,286,000
104,149,000
95,082,000
Long-Term Debt
40,152,000
42,688,000
41,990,000
47,032,000
Leases
17,437,000
15,497,000
12,728,000
11,489,000
Other Long-Term Liabilities
76,717,000
60,215,000
46,886,000
44,695,000
Total Long-Term Liabilities
134,306,000
118,400,000
101,604,000
103,216,000
Total Liabilities
275,524,000
243,686,000
205,753,000
198,298,000
Common Stock
109,095,000
100,923,000
93,718,000
86,939,000
Accumulated Other Comprehensive Income
(3,347,000)
(5,590,000)
(6,343,000)
(4,678,000)
Retained Earnings
237,731,000
173,144,000
118,848,000
84,281,000
Total Common Shareholders' Equity
343,479,000
268,477,000
206,223,000
166,542,000
Total Shareholders' Equity
343,479,000
268,477,000
206,223,000
166,542,000
Total Liabilities and Shareholders' Equity
619,003,000
512,163,000
411,976,000
364,840,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
101,832,000
88,136,000
72,361,000
72,738,000
Depreciation & Amortization
34,153,000
22,287,000
13,861,000
14,460,000
Share-Based Compensation Expense
11,974,000
10,734,000
9,611,000
7,502,000
Other Adjustments
(6,447,000)
(4,433,000)
(5,863,000)
(6,111,000)
Changes in Trade Receivables
(10,581,000)
(7,191,000)
(4,087,000)
(6,834,000)
Changes in Inventories
309,000
1,284,000
1,242,000
(1,123,000)
Changes in Accounts Payable
569,000
3,545,000
(2,721,000)
2,943,000
Changes in Income Taxes Payable
(38,000)
1,687,000
(358,000)
696,000
Changes in Unearned Revenue
5,438,000
5,348,000
5,535,000
5,109,000
Changes in Other Operating Activities
(1,047,000)
(2,849,000)
(1,999,000)
(345,000)
Cash from Operating Activities
136,162,000
118,548,000
87,582,000
89,035,000
Capital Expenditure
(64,551,000)
(44,477,000)
(28,107,000)
(23,886,000)
Purchases of Investments
(29,775,000)
(17,732,000)
(37,651,000)
(26,456,000)
Proceeds from Sale of Investments
25,388,000
35,669,000
47,864,000
44,894,000
Payments for Business Acquisitions
(5,978,000)
(69,132,000)
(1,670,000)
(22,038,000)
Other Investing Activities
2,317,000
(1,298,000)
(3,116,000)
(2,825,000)
Cash from Investing Activities
(72,599,000)
(96,970,000)
(22,680,000)
(30,311,000)
Issuance of Short-Term Debt
(5,746,000)
5,250,000
0
0
Net Issuance / (Repayments) of Short-Term Debt
(5,746,000)
5,250,000
0
0
Issuance of Long-Term Debt
0
24,395,000
0
0
Repayments of Long-Term Debt
(3,216,000)
(29,070,000)
(2,750,000)
(9,023,000)
Net Issuance / (Repayments) of Long-Term Debt
(3,216,000)
(4,675,000)
(2,750,000)
(9,023,000)
Issuance of Common Shares
2,056,000
2,002,000
1,866,000
1,841,000
Repurchases of Common Shares
(18,420,000)
(17,254,000)
(22,245,000)
(32,696,000)
Net Issuance / (Repurchases) of Common Shares
(16,364,000)
(15,252,000)
(20,379,000)
(30,855,000)
Common Share Dividends Paid
(24,082,000)
(21,771,000)
(19,800,000)
(18,135,000)
Other Financing Activities
(2,291,000)
(1,309,000)
(1,006,000)
(863,000)
Cash from Financing Activities
(51,699,000)
(37,757,000)
(43,935,000)
(58,876,000)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
63,000
(210,000)
(194,000)
(141,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash