← MICROSOFT CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $85.3b $90.0b $110.4b $125.8b $143.0b $168.1b $198.3b $211.9b $245.1b $281.7b $331.8b
Cost of Revenue $32.8b $34.3b $38.4b $42.9b $46.1b $52.2b $62.6b $65.9b $74.1b $87.8b $106.4b
Gross Profit $52.5b $55.7b $72.0b $82.9b $96.9b $115.9b $135.6b $146.1b $171.0b $193.9b $225.5b
Operating Expenses — — — — — — — — — $65.4b $70.2b
Operating Income (Loss) $20.2b $22.3b $35.1b $43.0b $53.0b $69.9b $83.4b $88.5b $109.4b $128.5b $155.2b
Additional Financial Items
Amortization of Intangible Assets $978.0m $1.7b $2.2b $1.9b $1.6b $1.6b $2.0b $2.5b $4.8b $6.0b $4.7b
Capitalized Computer Software, Amortization $69.0m $55.0m $54.0m — — — — — — — —
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 ($121.0m) ($164.0m) ($218.0m) ($82.0m) ($191.0m) $54.0m ($75.0m) $181.0m ($244.0m) $171.0m ($527.0m)
Gain (Loss) on Investments $668.0m $2.6b $2.4b $648.0m $32.0m $1.2b $461.0m $260.0m ($118.0m) ($349.0m) $4.4b
Goodwill, Impairment Loss — — — — — — — — — $0 —
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($325.0m) $453.0m $11.5b $15.8b $24.1b $35.0b $47.8b $52.9b $62.9b $69.2b $103.6b
Gain (Loss) on Derivative Instruments, Net, Pretax ($443.0m) ($510.0m) ($187.0m) $144.0m $187.0m $17.0m ($52.0m) ($456.0m) ($187.0m) ($260.0m) $1.9b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — — $83.7b $89.3b $107.8b $123.6b $165.9b
Investment Income, Net $903.0m $1.4b $2.2b $2.8b $2.7b $2.1b $2.1b $3.0b $3.2b $2.6b $3.3b
Net Income (Loss) Attributable to Parent $16.8b $21.2b $16.6b $39.2b $44.3b $61.3b $72.7b $72.4b $88.1b $101.8b $133.7b
Common Stock, Dividends, Per Share, Declared $1.44 $1.56 $1.68 $1.84 $2.04 $2.24 $2.48 $2.72 $3.00 $3.32 $3.64
Earnings Per Share, Basic $2.12 $2.74 $2.15 $5.11 $5.82 $8.12 $9.70 $9.72 $11.86 $13.70 $18.00
Earnings Per Share, Diluted $2.10 $2.71 $2.13 $5.06 $5.76 $8.05 $9.65 $9.68 $11.80 $13.64 $17.95
Weighted Average Number of Shares Outstanding, Basic 7.9b 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 8.0b 7.8b 7.8b 7.8b 7.7b 7.6b 7.5b 7.5b 7.5b 7.5b 7.5b
Other income (expense):
Current Income Tax Expense (Benefit) $2.6b $5.2b $25.0b $10.9b $8.7b $10.0b $16.7b $23.0b $24.4b $28.9b $17.8b
General and Administrative Expense $4.6b $4.5b $4.8b $4.9b $5.1b $5.1b $5.9b $7.6b $7.6b $7.2b $8.0b
Interest Expense $1.2b $2.2b $2.7b $2.7b $2.6b $2.3b $2.1b $2.0b $2.9b — —
Interest Expense (non-operating) — — — — — — — — — $2.4b $3.1b
Other Nonoperating Income (Expense) ($195.0m) ($251.0m) ($59.0m) ($57.0m) ($40.0m) $98.0m ($32.0m) ($223.0m) ($1.3b) ($4.7b) $4.7b
Research and Development Expense $12.0b $13.0b $14.7b $16.9b $19.3b $20.7b $24.5b $27.2b $29.5b $32.5b $35.6b
Selling and Marketing Expense $14.7b $15.5b $17.5b $18.2b $19.6b $20.1b $21.8b $22.8b $24.5b $25.7b $26.7b
Income Tax Expense (Benefit) $3.0b $1.9b $19.9b $4.4b $8.8b $9.8b $11.0b $16.9b $19.7b $21.8b $32.2b
Nonoperating Income (Expense) ($431.0m) $823.0m $1.4b $729.0m $77.0m $1.2b $333.0m $788.0m ($1.6b) ($4.9b) $10.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.