Microsoft Corporation Financial Statements — MSFT Stock

Income Statement	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	62,484	69,943	73,723	77,849	86,833	93,580	91,154	96,571	110,360	125,843	143,015	168,088	198,270	211,915	245,122
+ Sales & Services Revenue	62,484	69,943	73,723	77,849	86,833	93,580	91,154	96,571	110,360	125,843	143,015	168,088	198,270	211,915	245,122
- Cost of Revenue	12,395	15,577	17,530	20,385	27,078	33,038	32,780	34,261	38,353	42,910	46,078	52,232	62,650	65,863	74,114
+ Cost of Goods & Services	12,395	15,577	17,530	20,385	27,078	33,038	32,780	34,261	38,353	42,910	46,078	52,232	62,650	65,863	74,114
Gross Profit	50,089	54,366	56,193	57,464	59,755	60,542	58,374	62,310	72,007	82,933	96,937	115,856	135,620	146,052	171,008
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	25,991	27,205	28,237	30,700	31,869	32,370	31,186	32,979	36,949	39,974	43,978	45,940	52,237	57,529	61,575
+ Selling, General & Admin	17,277	18,162	18,426	20,289	20,488	20,324	19,198	19,942	22,223	23,098	24,709	25,224	27,725	30,334	32,065
+ Research & Development	8,714	9,043	9,811	10,411	11,381	12,046	11,988	13,037	14,726	16,876	19,269	20,716	24,512	27,195	29,510
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	24,098	27,161	27,956	26,764	27,886	28,172	27,188	29,331	35,058	42,959	52,959	69,916	83,383	88,523	109,433
- Non-Operating (Income) Loss	-915	-910	5,689	-288	66	9,665	1,549	-570	-1,416	-729	-77	-1,186	-333	-788	1,646
+ Interest Expense, Net	151	-605	380	429	597	781	1,243	835	519	-76	-89	215	-31	-1,026	-222
+ Interest Expense	151	295	380	429	597	781	1,243	2,222	2,733	2,686	2,591	2,346	2,063	1,968	2,935
- Interest Income	- -	900	- -	- -	- -	- -	- -	1,387	2,214	2,762	2,680	2,131	2,094	2,994	3,157
+ Other Non-Op (Income) Loss	-1,066	-305	5,309	-717	-531	8,884	306	-1,405	-1,935	-653	12	-1,401	-302	238	1,868
Pretax Income	25,013	28,071	22,267	27,052	27,820	18,507	25,639	29,901	36,474	43,688	53,036	71,102	83,716	89,311	107,787
- Income Tax Expense (Benefit)	6,253	4,921	5,289	5,189	5,746	6,314	5,100	4,412	19,903	4,448	8,755	9,831	10,978	16,950	19,651
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	18,760	23,150	16,978	21,863	22,074	12,193	20,539	25,489	16,571	39,240	44,281	61,271	72,738	72,361	88,136
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	18,760	23,150	16,978	21,863	22,074	12,193	20,539	25,489	16,571	39,240	44,281	61,271	72,738	72,361	88,136
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	18,760	23,150	16,978	21,863	22,074	12,193	20,539	25,489	16,571	39,240	44,281	61,271	72,738	72,361	88,136
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	18,760	23,150	16,978	21,863	22,074	12,193	20,539	25,489	16,571	39,240	44,281	61,271	72,738	72,361	88,136
Basic Weighted Avg Shares	8,813	8,490	8,396	8,375	8,299	8,177	7,925	7,746	7,700	7,673	7,610	7,547	7,496	7,446	7,431
Basic EPS, GAAP	2.13	2.73	2.02	2.61	2.66	1.49	2.59	3.29	2.15	5.11	5.82	8.12	9.7	9.72	11.86
Basic EPS from Cont Ops	2.13	2.73	2.02	2.61	2.66	1.49	2.59	3.29	2.15	5.11	5.82	8.12	9.7	9.72	11.86
Diluted Weighted Avg Shares	8,927	8,593	8,506	8,470	8,399	8,254	8,013	7,832	7,794	7,753	7,683	7,608	7,540	7,472	7,469
Diluted EPS, GAAP	2.1	2.69	2	2.58	2.63	1.48	2.56	3.25	2.13	5.06	5.76	8.05	9.65	9.68	11.8
Diluted EPS from Cont Ops	2.1	2.69	2	2.58	2.63	1.48	2.56	3.25	2.13	5.06	5.76	8.05	9.65	9.68	11.8
EBITDA	26,771	29,927	30,923	30,519	33,098	34,129	33,810	38,109	45,319	54,641	65,755	81,602	97,843	102,384	131,720
EBITDA Margin (%)	42.84	42.79	41.94	39.2	38.12	36.47	37.09	39.46	41.06	43.42	45.98	48.55	49.35	48.31	53.74
EBITA	24,098	27,161	27,956	26,764	27,886	28,172	27,188	29,331	35,058	42,959	52,959	69,916	83,383	88,523	109,433
EBIT	24,098	27,161	27,956	26,764	27,886	28,172	27,188	29,331	35,058	42,959	52,959	69,916	83,383	88,523	109,433
Gross Margin (%)	80.16	77.73	76.22	73.81	68.82	64.7	64.04	64.52	65.25	65.9	67.78	68.93	68.4	68.92	69.76
Operating Margin (%)	38.57	38.83	37.92	34.38	32.11	30.1	29.83	30.37	31.77	34.14	37.03	41.59	42.06	41.77	44.64
Profit Margin (%)	30.02	33.1	23.03	28.08	25.42	13.03	22.53	26.39	15.02	31.18	30.96	36.45	36.69	34.15	35.96
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.52	0.61	0.76	0.89	1.07	1.21	1.39	1.53	1.65	1.8	1.99	2.19	2.42	2.66	2.93
Depreciation Expense	2,673	2,766	2,967	3,755	5,212	5,957	6,622	8,778	10,261	11,682	12,796	11,686	14,460	13,861	22,287

Balance Sheet	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	55,676	74,918	85,084	101,466	114,246	122,797	139,660	162,696	169,662	175,552	181,915	184,406	169,684	184,257	159,734
+ Cash, Cash Equivalents & STI	36,788	52,772	63,040	77,022	85,709	96,526	113,240	132,981	133,768	133,819	136,527	130,256	104,749	111,256	75,531
+ Cash & Cash Equivalents	5,505	9,610	6,938	3,804	8,669	5,595	6,510	7,663	11,946	11,356	13,576	14,224	13,931	34,704	18,315
+ ST Investments	31,283	43,162	56,102	73,218	77,040	90,931	106,730	125,318	121,822	122,463	122,951	116,032	90,818	76,552	57,216
+ Accounts & Notes Receiv	13,014	14,987	15,780	17,486	19,544	17,908	18,277	22,431	26,481	29,524	32,011	38,043	44,261	48,688	56,924
+ Accounts Receivable, Net	13,014	14,987	15,780	17,486	19,544	17,908	18,277	22,431	26,481	29,524	32,011	38,043	44,261	48,688	56,924
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	740	1,372	1,137	1,938	2,660	2,902	2,251	2,181	2,662	2,063	1,895	2,636	3,742	2,500	1,246
+ Raw Materials	172	232	210	328	944	1,100	612	797	655	399	700	1,190	1,144	709	394
+ Work In Process	16	56	96	201	266	202	158	145	54	53	83	79	82	23	7
+ Finished Goods	552	1,084	831	1,409	1,450	1,600	1,481	1,239	1,953	1,611	1,112	1,367	2,516	1,768	845
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	5,134	5,787	5,127	5,020	6,333	5,461	5,892	5,103	6,751	10,146	11,482	13,471	16,932	21,813	26,033
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	30,437	33,786	36,187	40,965	58,138	51,675	53,808	87,616	89,186	111,004	119,396	149,373	195,156	227,719	352,429
+ Property, Plant & Equip, Net	7,630	8,162	8,269	9,991	13,011	14,731	18,356	30,289	36,146	43,856	52,904	70,803	87,546	109,987	154,552
+ Property, Plant & Equip	16,259	17,991	19,231	22,504	27,804	32,337	38,156	54,468	65,369	79,186	96,101	122,154	147,206	178,238	230,973
- Accumulated Depreciation	8,629	9,829	10,962	12,513	14,793	17,606	19,800	24,179	29,223	35,330	43,197	51,351	59,660	68,251	76,421
+ LT Investments & Receivables	7,754	10,865	9,776	10,844	14,597	12,053	10,431	6,023	1,862	2,649	2,965	5,984	6,891	9,879	14,600
+ LT Investments	7,754	10,865	9,776	10,844	14,597	12,053	10,431	6,023	1,862	2,649	2,965	5,984	6,891	9,879	14,600
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	15,053	14,759	18,142	20,130	30,530	24,891	25,021	51,304	51,178	64,499	63,527	72,586	100,719	107,853	183,277
+ Total Intangible Assets	13,552	13,325	16,622	17,738	27,108	21,774	21,605	45,228	43,736	49,776	50,389	57,511	78,822	77,252	146,817
+ Goodwill	12,394	12,581	13,452	14,655	20,127	16,939	17,872	35,122	35,683	42,026	43,351	49,711	67,524	67,886	119,220
+ Other Intangible Assets	1,158	744	3,170	3,083	6,981	4,835	3,733	10,106	8,053	7,750	7,038	7,800	11,298	9,366	27,597
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1,501	1,434	1,520	2,392	3,422	3,117	3,416	6,076	7,442	14,723	13,138	15,075	21,897	30,601	36,460
Total Assets	86,113	108,704	121,271	142,431	172,384	174,472	193,468	250,312	258,848	286,556	301,311	333,779	364,840	411,976	512,163
+ Payables & Accruals	5,281	5,985	5,778	6,065	8,772	7,289	7,772	8,108	10,738	15,047	14,660	17,337	23,067	22,247	27,013

Microsoft Corporation

Income Statement

Balance Sheet