Microsoft (MSFT) FY2024 results: revenue $245.1 billion, up 15.7% on the year
Microsoft Corp. (MSFT) reported revenue of $245.1 billion for fiscal 2024, the year ended 30 June 2024, up 15.7% on the year before. Net income was $88.1 billion, up 21.8%, and diluted earnings per share $11.80. The figures are the company's own, from the 10-K it filed with the SEC on 30 July 2024.
Revenue
$245.1 billion
+15.7% on the year
FY2017FY2024
Operating margin
44.6%
41.8% a year earlier
FY2017FY2024
Net income
$88.1 billion
+21.8% on the year
FY2017FY2024
Diluted EPS
$11.80
+21.9% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
118,548
87,582
89,035
+35.4%
Capital expenditure
44,477
28,107
23,886
+58.2%
Free cash flow
74,071
59,475
65,149
+24.5%
Free cash flow margin
30.2%
28.1%
32.9%
Cash from investing
-96,970
-22,680
-30,311
Cash from financing
-37,757
-43,935
-58,876
Depreciation and amortisation
20,000
13,500
14,600
+48.1%
Share-based compensation
10,734
9,611
7,502
+11.7%
Buybacks
17,254
22,245
32,696
-22.4%
Dividends paid
21,771
19,800
18,135
+10.0%
Dividend per share
$3.00
$2.72
$2.48
+10.3%
Diluted shares, weighted
7,469m
7,472m
7,540m
-0.0%
Shares outstanding at period end
7,434m
7,432m
7,464m
+0.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
268,477
206,223
166,542
+30.2%
Debt
51,630
47,237
49,781
+9.3%
Operating lease liabilities
15,497
12,728
11,489
+21.8%
Other liabilities
176,559
145,788
137,028
+21.1%
Total liabilities and equity
512,163
411,976
364,840
+24.3%
Fixed assets
135,591
95,641
74,398
+41.8%
Goodwill
119,220
67,886
67,524
+75.6%
Intangible assets
27,597
9,366
11,298
+194.7%
Investments
71,828
86,437
97,717
-16.9%
Cash and equivalents
18,315
34,704
13,931
-47.2%
Receivables
56,924
48,688
44,261
+16.9%
Inventory
1,246
2,500
3,742
-50.2%
Other assets
81,442
66,754
51,969
+22.0%
Total assets
512,163
411,976
364,840
+24.3%
10-K for the year ended 30 June 2024, filed 30 July 2024: the filing.