Revenue → Gross profit: $39.4BGross profit → Operating profit: $24.3BIntelligent Cloud → Revenue: $24.0BOperating profit → Net profit: $19.6BProductivity → Revenue: $18.3BRevenue → Cost of revenue: $16.8BGross profit → Operating expenses: $15.1BPersonal Computing → Revenue: $13.9BCost of revenue → Service costs: $12.9BOperating expenses → R&D: $6.7BOperating expenses → S&M: $6.2BOperating profit → Tax: $4.6BCost of revenue → Product costs: $3.9BOperating expenses → G&A: $2.2BOther income → Net profit: $0.5BProductivity: $18.3BRevenue: $56.2BIntelligent Cloud: $24.0BPersonal Computing: $13.9BGross profit: $39.4BCost of revenue: $16.8BOperating profit: $24.3BOperating expenses: $15.1BProduct costs: $3.9BService costs: $12.9BNet profit: $20.1BTax: $4.6BOther income: $0.5BR&D: $6.7BS&M: $6.2BG&A: $2.2Bcreated with SankeyArt.comProductivity$18.3B10% Y/YRevenue$56.2B8% Y/YIntelligent Cloud$24.0B15% Y/YPersonal Computing$13.9B-4% Y/YGross profit$39.4B11% Y/YCost of revenue$16.8B2% Y/YOperating profit$24.3B18% Y/YOperating expenses$15.1B2% Y/YProduct costs$3.9B-11% Y/YService costs$12.9B7% Y/YNet profit$20.1B20% Y/YTax$4.6B24% Y/YOther income$0.5BR&D$6.7B-2% Y/YS&M$6.2B-2% Y/YG&A$2.2B26% Y/YMicrosoft Q4 FY23 Income Statement