Microsoft corporation (MSFT)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Dec'08Sep'08
Revenue

138,699

134,249

129,814

125,843

122,211

118,459

114,906

110,360

105,880

102,273

99,181

96,571

97,414

94,733

92,703

91,154

86,886

88,084

90,758

93,580

94,782

93,456

91,505

86,833

83,347

83,433

80,370

77,849

76,012

72,930

72,359

73,723

73,031

72,052

71,120

69,943

68,615

66,690

65,759

62,484

59,544

58,689

56,296

58,437

0

0

0

Cost of revenue

44,151

43,346

43,411

42,910

42,240

41,339

39,980

38,353

37,067

35,858

34,695

34,261

33,784

33,446

33,417

32,780

32,269

31,708

31,972

33,038

33,203

32,020

30,206

27,078

25,183

23,992

21,362

20,385

18,810

17,975

17,921

17,530

17,075

17,020

16,215

15,577

15,039

13,897

12,692

12,395

11,811

11,870

12,149

12,155

0

0

0

Gross margin

94,548

90,903

86,403

82,933

79,971

77,120

74,926

72,007

68,813

66,415

64,486

62,310

63,630

61,287

59,286

58,374

54,617

56,376

58,786

60,542

61,579

61,436

61,299

59,755

58,164

59,441

59,008

57,464

57,202

54,955

54,438

56,193

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Research and development

18,568

17,997

17,464

16,876

16,296

15,695

15,129

14,726

14,307

13,947

13,505

13,037

12,669

12,294

12,132

11,988

11,936

11,940

11,943

12,046

12,075

11,834

11,679

11,381

11,041

10,938

10,718

10,411

10,222

10,099

9,942

9,811

9,610

9,362

9,176

9,043

9,000

8,951

8,845

8,714

8,589

8,581

8,792

9,010

0

0

0

Sales and marketing

19,143

18,797

18,452

18,213

18,011

17,781

17,755

17,469

17,001

16,538

16,055

15,461

15,105

14,639

14,520

14,635

14,660

14,963

15,318

15,713

16,434

16,267

16,235

15,811

15,357

15,609

15,635

15,276

14,829

14,449

13,902

13,857

13,992

13,971

14,034

13,940

13,626

13,436

13,230

13,214

12,804

12,582

12,625

12,879

0

0

0

General and administrative

4,880

4,786

4,797

4,885

4,731

4,760

4,737

4,754

4,838

4,832

4,602

4,481

4,427

4,365

4,524

4,563

4,534

4,485

4,544

4,611

4,674

4,749

4,849

4,677

4,416

4,906

4,865

5,013

5,075

4,569

4,533

4,569

4,612

4,622

4,447

4,222

4,030

4,022

4,260

4,063

4,475

4,236

3,884

4,030

0

0

0

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,011

1,700

1,510

1,267

127

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

16,345

19,983

24,518

27,205

41,695

40,306

39,027

38,386

37,389

37,269

37,450

38,074

0

0

0

Employee severance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Operating income

51,957

49,323

45,690

42,959

40,933

38,884

37,305

35,058

32,361

30,792

30,018

29,025

30,319

28,879

27,000

26,078

15,049

16,360

18,110

18,161

26,696

27,076

27,269

27,759

27,350

27,988

27,790

26,764

20,883

19,645

19,868

21,763

27,742

27,077

27,248

27,161

26,920

26,384

26,732

24,098

22,155

21,420

18,846

20,363

0

0

0

Other income (expense), net

253

530

463

729

839

1,043

1,406

1,416

1,391

1,413

1,040

876

859

241

-47

-439

-401

-231

14

346

144

204

39

61

38

46

136

288

383

381

627

504

485

812

899

910

856

708

746

915

976

420

-251

-542

0

0

0

Income before income taxes

52,210

49,853

46,153

43,688

41,772

39,927

38,711

36,474

33,752

32,205

31,058

29,901

31,178

29,120

26,953

25,639

14,648

16,129

18,124

18,507

26,840

27,280

27,308

27,820

27,388

28,034

27,926

27,052

21,266

20,026

20,495

22,267

28,227

27,889

28,147

28,071

27,776

27,092

27,478

25,013

23,131

21,840

18,595

19,821

0

0

0

Provision for income taxes

5,944

5,530

5,059

4,448

6,846

6,386

19,892

19,903

17,985

18,376

4,660

4,412

6,895

6,567

5,649

5,100

4,167

4,419

5,569

6,314

6,840

6,605

5,938

5,746

4,961

5,212

5,285

5,189

4,860

4,567

4,789

5,289

4,883

4,421

4,669

4,921

5,982

6,524

6,882

6,253

5,844

5,582

4,825

5,252

0

0

0

Net income

46,266

44,323

41,094

39,240

34,926

33,541

18,819

16,571

15,767

13,829

26,398

25,489

24,283

22,553

21,304

20,539

10,481

11,710

12,555

12,193

20,000

20,675

21,370

22,074

22,427

22,822

22,641

21,863

16,406

15,459

15,706

16,978

23,344

23,468

23,478

23,150

21,794

20,568

20,596

18,760

17,287

16,258

13,770

14,569

0

0

0

Earnings per share:
Basic

1.41

1.53

1.40

1.72

1.15

1.09

1.15

1.16

0.96

-0.82

0.85

1.04

0.71

0.81

0.73

0.00

0.48

0.63

0.61

-0.38

0.61

0.71

0.55

0.56

0.68

0.79

0.63

0.60

0.72

0.76

0.53

-0.06

0.61

0.79

0.68

0.70

0.62

0.78

0.63

0.52

0.46

0.75

0.40

0.35

0.33

0.47

0.48

Diluted

1.40

1.51

1.38

1.70

1.14

1.08

1.14

1.16

0.95

-0.82

0.84

1.03

0.70

0.80

0.72

0.00

0.47

0.62

0.61

-0.38

0.61

0.71

0.54

0.55

0.68

0.78

0.62

0.57

0.72

0.76

0.53

-0.06

0.60

0.78

0.68

0.69

0.61

0.77

0.62

0.51

0.45

0.74

0.40

0.34

0.33

0.47

0.48

Weighted average shares outstanding:
Basic

7,602

7,621

7,634

7,655

7,672

7,692

7,673

7,684

7,698

7,710

7,708

7,715

7,725

7,755

7,789

7,845

7,895

7,964

7,996

8,064

8,167

8,228

8,249

8,247

8,284

8,326

8,339

8,347

8,364

8,393

8,396

8,389

8,401

8,402

8,392

8,429

8,420

8,497

8,614

8,715

8,767

8,856

8,914

8,902

8,891

8,903

9,084

Diluted

7,675

7,691

7,710

7,734

7,744

7,768

7,766

7,873

7,794

7,710

7,799

7,809

7,813

7,830

7,876

7,932

7,985

8,051

8,084

8,131

8,237

8,297

8,351

8,400

8,367

8,395

8,434

8,513

8,429

8,444

8,494

8,571

8,498

8,465

8,490

8,597

8,510

8,570

8,695

8,898

8,876

8,951

8,983

8,983

8,904

8,914

9,183

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.42

-

0.39

0.39

0.39

0.00

0.36

0.36

0.36

0.31

0.31

0.31

0.31

0.28

0.28

0.28

0.28

0.23

0.23

0.23

0.23

0.20

0.20

0.20

0.20

0.16

0.16

0.16

0.16

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

Product
Revenue

66,997

66,574

64,538

66,069

66,125

65,791

67,498

64,497

63,395

62,794

63,141

63,811

67,576

67,384

67,085

67,336

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

14,945

15,010

15,929

16,273

16,492

16,476

16,089

15,420

15,044

14,694

14,574

15,175

15,810

16,536

17,426

17,880

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service and Other
Revenue

71,702

67,675

65,276

59,774

56,086

52,668

47,408

45,863

42,485

39,479

36,040

32,760

29,838

27,349

25,618

23,818

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

29,206

28,336

27,482

26,637

25,748

24,863

23,891

22,933

22,023

21,164

20,121

19,086

17,974

16,910

15,991

14,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-