MSFT

MICROSOFT CORP

v3.25.1
INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 70,066 $ 61,858 $ 205,283 $ 180,395
Cost of revenue 21,919 18,505 63,817 54,430
Gross margin 48,147 43,353 141,466 125,965
Research and development 8,198 7,653 23,659 21,454
Sales and marketing 6,212 6,207 18,369 17,640
General and administrative 1,737 1,912 5,233 5,363
Operating income 32,000 27,581 94,205 81,508
Other expense, net (623) (854) (3,194) (971)
Income before income taxes 31,377 26,727 91,011 80,537
Provision for income taxes 5,553 4,788 16,412 14,437
Net income $ 25,824 $ 21,939 $ 74,599 $ 66,100
Earnings per share:        
Basic $ 3.47 $ 2.95 $ 10.03 $ 8.9
Diluted $ 3.46 $ 2.94 $ 9.99 $ 8.85
Weighted average shares outstanding:        
Basic 7,434 7,431 7,434 7,431
Diluted 7,461 7,472 7,466 7,467
Product        
Revenue $ 15,319 $ 17,080 $ 46,810 $ 51,556
Cost of revenue 3,037 4,339 10,187 13,834
Service and Other        
Revenue 54,747 44,778 158,473 128,839
Cost of revenue $ 18,882 $ 14,166 $ 53,630 $ 40,596