Metrics
The numbers behind Microsoft Corporation: as-reported financial statements and company metrics for FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in US$ millions unless noted.
Reading notes: Microsoft's fiscal year ends June 30. Display unit is US$ millions except per-share (US$) and share counts (millions), exactly as printed in the 10-K. Core statements: FY2023–FY2025 income statement and cash flow are the three columns of the FY2025 10-K (pp.71, 74); FY2021–FY2022 (and FY2020 for the long-term record) are from the FY2022 10-K (pp.57, 60). Balance sheet: FY2024–FY2025 from FY2025 10-K p.73, FY2023 from FY2023 10-K p.62, FY2021–FY2022 from FY2022 10-K p.59. Revenue and operating income by segment: FY2023–FY2025 reflect the segment structure recast in the FY2025 10-K (p.118); FY2021–FY2022 reflect the structure as originally reported in the FY2022 10-K (p.95). Because of the FY2025 realignment the two ranges are not directly comparable (see discrepancies). FY2016–FY2019 figures in the long-term record come from the standardized data feed (SEC EDGAR XBRL) and are shown without page links; FY2020–FY2025 are cited to the filings.
Share Price — Full Available History — 37 Years
The stock closed at $385.10 on Jul 10, 2026 — up 8,997,418% over the window shown (+36.7% a year), trading between $0.00 and $542.07. At that close the stock trades at 28× FY2025 diluted EPS as reported below.
Source: market price feed, monthly closes, sampled from 9,197 source observations, Jan 1990–Jul 2026. Price return only, excludes dividends. Prices are split-adjusted (1:2 on Apr 16, 1990; ×1.5 on Jun 27, 1991; ×1.5 on Jun 15, 1992; 1:2 on May 23, 1994; 1:2 on Dec 09, 1996; 1:2 on Feb 23, 1998; 1:2 on Mar 29, 1999; 1:2 on Feb 18, 2003).
FY2025 at a Glance
Revenue (US$ millions)
Operating income (US$ millions)
Net income (US$ millions)
Diluted EPS
Source: FY2025 consolidated statements [1] [2]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Reportable Segment
| Revenue by Reportable Segment | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Productivity and Business Processes | 53,915 | 63,364 | 94,151 | 106,820 | 120,810 |
| Intelligent Cloud | 60,080 | 75,251 | 72,944 | 87,464 | 106,265 |
| More Personal Computing | 54,093 | 59,655 | 44,820 | 50,838 | 54,649 |
| Total revenue | 168,088 | 198,270 | 211,915 | 245,122 | 281,724 |
| Total revenue growth, derived | — | +18.0% | +6.9% | +15.7% | +14.9% |
Source: Note 19 (FY2025 10-K) / Note 20 (FY2022 10-K) — Segment Information; FY2023–FY2025 on the segment structure recast effective FY2025, FY2021–FY2022 as originally reported [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Operating Income by Reportable Segment
| Operating Income by Reportable Segment | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Productivity and Business Processes | 24,351 | 29,687 | 50,074 | 59,661 | 69,773 |
| Intelligent Cloud | 26,126 | 32,721 | 28,411 | 37,813 | 44,589 |
| More Personal Computing | 19,439 | 20,975 | 10,038 | 11,959 | 14,166 |
| Total operating income | 69,916 | 83,383 | 88,523 | 109,433 | 128,528 |
Source: Note 19 (FY2025 10-K) / Note 20 (FY2022 10-K) — Segment Information [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
Source: Consolidated Income Statements [1] [2]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: Yahoo Finance analyst consensus, as of 2026-07-11. Estimate figures link to the consensus source, not to filing pages.
Balance Sheet
Source: Consolidated Balance Sheets [5] [6] [7]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
Source: Consolidated Cash Flows Statements [8] [9]. Click any linked figure to open the filing page with the row highlighted.
Microsoft Cloud Commercial Backlog
| Microsoft Cloud Commercial Backlog | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Microsoft Cloud revenue | 69,100 | 91,400 | 111,600 | 137,700 | 168,900 |
| Microsoft Cloud gross margin percentage | 71.0% | 70.0% | 72.0% | 71.0% | 69.0% |
| Commercial remaining performance obligation | 141,000 | 189,000 | 224,000 | 269,000 | 368,000 |
| Azure and other cloud services revenue growth | 50.0% | 45.0% | 29.0% | 30.0% | 34.0% |
Source: company filings [10] [11] [12] [13]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Product Service
| Revenue by Product Service | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Server products and cloud services | — | — | 65,007 | 79,828 | 98,435 |
| Microsoft 365 Commercial products and cloud services | — | — | 66,949 | 76,969 | 87,767 |
| Gaming | — | — | 15,466 | 21,503 | 23,455 |
| — | — | 14,989 | 16,372 | 17,812 | |
| Windows and Devices | — | — | 17,147 | 17,026 | 17,314 |
| Search and news advertising | — | — | 12,125 | 12,306 | 13,878 |
| Dynamics products and cloud services | — | — | 5,796 | 6,831 | 7,827 |
Source: company filings [10]. Click any linked figure to open the filing page with the row highlighted.
Consumer, Gaming Advertising
| Consumer, Gaming Advertising | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Microsoft 365 Consumer subscribers | 51,900,000 | 59,700,000 | 67,000,000 | 82,500,000 | 89,000,000 |
| Xbox content and services revenue growth | 23.0% | 3.0% | (3.0%) | 50.0% | 16.0% |
| Search and news advertising revenue (ex TAC) growth | 13.0% | 27.0% | 11.0% | 12.0% | 20.0% |
Source: company filings [14] [13] [15] [16]. Click any linked figure to open the filing page with the row highlighted.
Workforce Shareholder Returns
| Workforce Shareholder Returns | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Full-time employees | 181,000 | 221,000 | 221,000 | 228,000 | 228,000 |
| Cash dividends declared per common share | 2.24 | 2.48 | 2.72 | 3.00 | 3.32 |
| Effective tax rate | 14.0% | 13.0% | 19.0% | 18.0% | 18.0% |
Source: company filings [17] [18] [19] [20]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total revenue | Operating income | Net income | Diluted earnings per share | Net cash from operations |
|---|---|---|---|---|---|
| FY2016 | 91,154 | 26,078 | 20,539 | 2.56 | 33,325 |
| FY2017 | 96,571 | 29,025 | 25,489 | 3.25 | 39,507 |
| FY2018 | 110,360 | 35,058 | 16,571 | 2.13 | 43,884 |
| FY2019 | 125,843 | 42,959 | 39,240 | 5.06 | 52,185 |
| FY2020 | 143,015 | 52,959 | 44,281 | 5.76 | 60,675 |
| FY2021 | 168,088 | 69,916 | 61,271 | 8.05 | 76,740 |
| FY2022 | 198,270 | 83,383 | 72,738 | 9.65 | 89,035 |
| FY2023 | 211,915 | 88,523 | 72,361 | 9.68 | 87,582 |
| FY2024 | 245,122 | 109,433 | 88,136 | 11.80 | 118,548 |
| FY2025 | 281,724 | 128,528 | 101,832 | 13.64 | 136,162 |
Source: consolidated statements across filings; older years from the standardized feed [8] [1] [9] [2]. Click any linked figure to open the filing page with the row highlighted.
Operating KPIs
| KPI | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Microsoft Cloud revenue | — | — | 111,600 | 137,700 | 168,900 |
Source: company-reported operating metrics [10]. Click any linked figure to open the filing page with the row highlighted.
Analyst Consensus
Current price
Mean target
Median target
High target
Low target
Estimate source: Yahoo Finance analyst consensus, as of 2026-07-11. Estimate figures link to the consensus source, not to filing pages.
Traceability
359 of 427 figures on this page (84%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.
Microsoft's fiscal year ends June 30. Display unit is US$ millions except per-share (US$) and share counts (millions), exactly as printed in the 10-K.
Core statements: FY2023–FY2025 income statement and cash flow are the three columns of the FY2025 10-K (pp.71, 74); FY2021–FY2022 (and FY2020 for the long-term record) are from the FY2022 10-K (pp.57, 60). Balance sheet: FY2024–FY2025 from FY2025 10-K p.73, FY2023 from FY2023 10-K p.62, FY2021–FY2022 from FY2022 10-K p.59.
Revenue and operating income by segment: FY2023–FY2025 reflect the segment structure recast in the FY2025 10-K (p.118); FY2021–FY2022 reflect the structure as originally reported in the FY2022 10-K (p.95). Because of the FY2025 realignment the two ranges are not directly comparable (see discrepancies).
FY2016–FY2019 figures in the long-term record come from the standardized data feed (SEC EDGAR XBRL) and are shown without page links; FY2020–FY2025 are cited to the filings.
Quarterly income-statement figures are single-quarter (three-months) amounts from each Form 10-Q; Q4 FY2025 has no 10-Q (Microsoft files no fourth-quarter 10-Q) and is therefore omitted from the quarterly sequence. Quarterly cash flow is reported cumulatively year-to-date in the 10-Q and is not shown as a discrete-quarter statement.
2 figure(s) differed between the data feed and the filing; the filing value is shown (see the run's metrics/metrics_tab.json for the audit trail).