Microsoft Corporation
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $110.36B | $96.57B | $91.15B | $93.58B | $86.83B | $77.85B | $73.72B | $69.94B |
| Server Products and Cloud Services | $26.13B | $21.65B | — | — | — | — | — | — |
| Office Products and Cloud Services | $28.32B | $25.57B | — | — | — | — | — | — |
| Windows | $19.52B | $18.59B | — | — | — | — | — | — |
| Gaming | $10.35B | $9.05B | — | — | — | — | — | — |
| $5.26B | $2.27B | — | — | — | — | — | — | |
| Search and News Advertising | $7.01B | $6.22B | — | — | — | — | — | — |
| Enterprise Services | $5.85B | $5.54B | — | — | — | — | — | — |
| Devices | $5.13B | $5.06B | — | — | — | — | — | — |
| Dynamics Products and Cloud Services | $0 | $0 | — | — | — | — | — | — |
| Other | $2.79B | $2.61B | — | — | — | — | — | — |
| Server Products and Cloud Services (New) | — | — | — | — | — | — | — | — |
| Microsoft 365 Commercial Products and Cloud Services | — | — | — | — | — | — | — | — |
| Microsoft 365 Consumer Products and Cloud Services | — | — | — | — | — | — | — | — |
| Windows and Devices | — | — | — | — | — | — | — | — |
| Search advertising | — | — | — | — | — | — | — | — |
| Dynamics Products and Cloud Services (New) | — | — | — | — | — | — | — | — |
| Cost of Revenue | $38.35B | $34.26B | $32.78B | $33.04B | $27.08B | $20.39B | $17.53B | $15.58B |
| Gross Profit | $72.01B | $62.31B | $58.37B | $60.54B | $59.76B | $57.46B | $56.19B | $54.37B |
| Gross Margin | 65.2% | 64.5% | 64.0% | 64.7% | 68.8% | 73.8% | 76.2% | 77.7% |
| Operating Expenses | ||||||||
| Research & Development | $14.73B | $13.04B | $11.99B | $12.05B | $11.38B | $10.41B | $9.81B | $9.04B |
| SG&A Expense | $4.75B | $4.48B | $4.56B | $4.61B | $4.68B | $5.01B | $4.57B | $4.22B |
| Operating Income | $35.06B | $29.03B | $26.08B | $18.16B | $27.76B | $26.76B | $21.76B | $27.16B |
| Operating Margin | 31.8% | 30.1% | 28.6% | 19.4% | 32.0% | 34.4% | 29.5% | 38.8% |
| Interest Expense | $2.73B | $2.22B | $1.24B | $781.0M | $597.0M | $429.0M | $380.0M | $295.0M |
| Pretax Income | $36.47B | $29.90B | $25.64B | $18.51B | $27.82B | $27.05B | $22.27B | $28.07B |
| Income Tax Expense | $19.90B | $4.41B | $5.10B | $6.31B | $5.75B | $5.19B | $5.29B | $4.92B |
| Net Income | $16.57B | $25.49B | $20.54B | $12.19B | $22.07B | $21.86B | $16.98B | $23.15B |
| Net Margin | 15.0% | 26.4% | 22.5% | 13.0% | 25.4% | 28.1% | 23.0% | 33.1% |
| EPS (Basic) | $2.15 | $3.29 | $2.59 | $1.49 | $2.66 | $2.61 | $2.02 | $2.73 |
| EPS (Diluted) | $2.13 | $3.25 | $2.56 | $1.48 | $2.63 | $2.58 | $2.00 | $2.69 |
| Shares Outstanding (Basic) | 7.70B | 7.75B | 7.93B | 8.18B | 8.30B | 8.38B | 8.40B | 8.49B |
| Shares Outstanding (Diluted) | 7.79B | 7.83B | 8.01B | 8.25B | 8.40B | 8.47B | 8.51B | 8.59B |
| Dividends Per Share | $1.68 | $1.56 | $1.44 | $1.24 | $1.12 | $0.92 | $0.80 | $0.64 |