Revenue → Gross profit: $45.5BGross profit → Operating profit: $30.6BProductivity & business → Revenue: $28.3BOperating profit → Net profit: $24.7BIntelligent Cloud → Revenue: $24.1BRevenue → Cost of revenue: $20.1BCost of revenue → Service costs: $16.8BGross profit → Operating expenses: $14.9BPersonal Computing → Revenue: $13.2BOperating expenses → R&D: $7.5BOperating expenses → S&M: $5.7BOperating profit → Tax: $5.6BCost of revenue → Product costs: $3.3BOperating expenses → G&A: $1.7BOperating profit → Other expense: $0.3BCost of revenue$20.1B23% Y/YG&A$1.7B14% Y/YGross profit$45.5B13% Y/YIntelligent Cloud$24.1B20% Y/YNet profit$24.7B13% Y/YOperating expenses$14.9B12% Y/YOperating profit$30.6B14% Y/YOther expense$0.3BPersonal Computing$13.2B17% Y/YProduct costs$3.3B-7% Y/YProductivity & business$28.3B12% Y/YR&D$7.5B13% Y/YRevenue$65.6B16% Y/YS&M$5.7B10% Y/YService costs$16.8B32% Y/YTax$5.6B12% Y/YMicrosoft Q1 FY25 Income Statementcreated with SankeyArt.com
2023
Q2 Q3 Q4 Full Year
2024
Q1 Q2 Q3 Full Year
2025
Q1