Microsoft (MSFT) FY2022 results: revenue $198.3 billion, up 18.0% on the year
Microsoft Corp. (MSFT) reported revenue of $198.3 billion for fiscal 2022, the year ended 30 June 2022, up 18.0% on the year before. Net income was $72.7 billion, up 18.7%, and diluted earnings per share $9.65. The figures are the company's own, from the 10-K it filed with the SEC on 28 July 2022.
Revenue
$198.3 billion
+18.0% on the year
FY2015FY2022
Operating margin
42.1%
41.6% a year earlier
FY2015FY2022
Net income
$72.7 billion
+18.7% on the year
FY2015FY2022
Diluted EPS
$9.65
+19.9% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
89,035
76,740
60,675
+16.0%
Capital expenditure
23,886
20,622
15,441
+15.8%
Free cash flow
65,149
56,118
45,234
+16.1%
Free cash flow margin
32.9%
33.4%
31.6%
Cash from investing
-30,311
-27,577
-12,223
Cash from financing
-58,876
-48,486
-46,031
Depreciation and amortisation
14,600
10,900
12,300
+33.9%
Share-based compensation
7,502
6,118
5,289
+22.6%
Buybacks
32,696
27,385
22,968
+19.4%
Dividends paid
18,135
16,521
15,137
+9.8%
Dividend per share
$2.48
$2.24
$2.04
+10.7%
Diluted shares, weighted
7,540m
7,608m
7,683m
-0.9%
Shares outstanding at period end
7,464m
7,519m
7,571m
-0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
166,542
141,988
118,304
+17.3%
Debt
49,781
58,146
63,327
-14.4%
Operating lease liabilities
11,489
9,629
7,671
+19.3%
Other liabilities
137,028
124,016
112,009
+10.5%
Total liabilities and equity
364,840
333,779
301,311
+9.3%
Fixed assets
74,398
59,715
44,151
+24.6%
Goodwill
67,524
49,711
43,351
+35.8%
Intangible assets
11,298
7,800
7,038
+44.8%
Investments
97,717
122,094
125,916
-20.0%
Cash and equivalents
13,931
14,224
13,576
-2.1%
Receivables
44,261
38,043
32,011
+16.3%
Inventory
3,742
2,636
1,895
+42.0%
Other assets
51,969
39,556
33,373
+31.4%
Total assets
364,840
333,779
301,311
+9.3%
10-K for the year ended 30 June 2022, filed 28 July 2022: the filing.