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Revenue → Gross profit: $146.052B
Gross profit → Operating profit: $88.523B
Intelligent Cloud → Revenue: $87.900B
Server products and cloud → Intelligent Cloud: $79.970B
Operating profit → Net profit: $71.573B
Productivity → Revenue: $69.274B
Revenue → Cost of revenue: $65.863B
Gross profit → Operating expenses: $57.529B
Personal Computing → Revenue: $54.734B
Office products → Productivity: $48.728B
Cost of revenue → Service costs: $48.059B
Operating expenses → R&D: $27.195B
Operating expenses → S&M: $22.759B
Windows → Personal Computing: $21.500B
Cost of revenue → Product costs: $17.804B
Operating profit → Tax: $16.950B
Gaming → Personal Computing: $15.466B
LinkedIn → Productivity: $15.145B
Search and news advertising → Personal Computing: $12.200B
Enterprise services → Intelligent Cloud: $7.722B
Operating expenses → G&A: $7.575B
Devices → Personal Computing: $5.521B
Other productivity → Productivity: $5.437B
Other income → Net profit: $0.788B
Other cloud → Intelligent Cloud: $0.211B
Server products and cloud: $79.970B
Intelligent Cloud: $87.903B
Enterprise services: $7.722B
Other cloud: $0.211B
Office products: $48.728B
Productivity: $69.310B
LinkedIn: $15.145B
Other productivity: $5.437B
Windows: $21.500B
Personal Computing: $54.734B
Gaming: $15.466B
Search and news advertising: $12.200B
Devices: $5.521B
Revenue: $211.915B
Gross profit: $146.052B
Cost of revenue: $65.863B
Operating profit: $88.523B
Operating expenses: $57.529B
Product costs: $17.804B
Service costs: $48.059B
Net profit: $72.361B
Tax: $16.950B
Other income: $0.788B
R&D: $27.195B
S&M: $22.759B
G&A: $7.575B
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Server products and cloud
$79.970B
Intelligent Cloud
$87.903B
17% Y/Y
Enterprise services
$7.722B
Other cloud
$0.211B
Office products
$48.728B
Productivity
$69.310B
9% Y/Y
LinkedIn
$15.145B
Other productivity
$5.437B
Windows
$21.500B
Personal Computing
$54.734B
-9% Y/Y
Gaming
$15.466B
Search and news advertising
$12.200B
Devices
$5.521B
Revenue
$211.915B
7% Y/Y
Gross profit
$146.052B
8% Y/Y
Cost of revenue
$65.863B
5% Y/Y
Operating profit
$88.523B
6% Y/Y
Operating expenses
$57.529B
10% Y/Y
Product costs
$17.804B
-7% Y/Y
Service costs
$48.059B
10% Y/Y
Net profit
$72.361B
-1% Y/Y
Tax
$16.950B
54% Y/Y
Other income
$0.788B
137% Y/Y
R&D
$27.195B
11% Y/Y
S&M
$22.759B
4% Y/Y
G&A
$7.575B
28% Y/Y
Microsoft FY23 Income Statement
2023
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
2025
Q1
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