Microsoft Corp.
Income Statement
| Line Item | Jul 2025 | Jun 2025 | Apr 2025 | Mar 2025 | Jan 2025 | Dec 2024 | Oct 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $70.07B | — | $69.63B | — | $65.59B |
| Cost of Revenue | — | — | — | $21.92B | — | $21.80B | — | $20.10B |
| Gross Profit | — | — | — | $48.15B | — | $47.83B | — | $45.49B |
| Gross Margin | — | — | — | 68.7% | — | 68.7% | — | 69.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $8.20B | — | $7.92B | — | $7.54B |
| SG&A Expense | — | — | — | $1.74B | — | $1.82B | — | $1.67B |
| Operating Income | — | — | — | $32.00B | — | $31.65B | — | $30.55B |
| Operating Margin | — | — | — | 45.7% | — | 45.5% | — | 46.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | $31.38B | — | $29.37B | — | $30.27B |
| Income Tax Expense | — | — | — | $5.55B | — | $5.26B | — | $5.60B |
| Net Income | — | — | — | $25.82B | — | $24.11B | — | $24.67B |
| Net Margin | — | — | — | 36.9% | — | 34.6% | — | 37.6% |
| EPS (Basic) | — | — | — | $3.47 | — | $3.24 | — | $3.32 |
| EPS (Diluted) | — | — | — | $3.46 | — | $3.23 | — | $3.30 |
| Shares Outstanding (Basic) | 7.43B | 7.43B | 7.43B | 7.43B | 7.43B | 7.44B | 7.43B | 7.43B |
| Shares Outstanding (Diluted) | 7.43B | 7.43B | 7.43B | 7.46B | 7.43B | 7.47B | 7.43B | 7.47B |
| Dividends Per Share | — | $0.83 | — | $0.83 | — | $0.83 | — | $0.83 |
I think that, every time you see the word EBITDA, you should substitute the words 'bullshit earnings.'