Microsoft Financial Data - FY14 Q3

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http://www.microsoft.com/investor. Click a link below to navigate to that section of the workbook. E
sheet contains a link back to this main page.

Current Financial Statements

Income Statements
Comprehensive Income Statements
Balance Sheets
Cash Flows
Segment Revenue & Gross Margin

4 Q3

at corresponds to Microsoft's Investor Relations portal at

link below to navigate to that section of the workbook. Each
ge.

Trended Historical Financial Statements

Quarterly Income Statements
Segment History
Unearned Revenue
Yearly Income Statements

MICROSOFT CORPORATION
INCOME STATEMENTS
(In millions, except per share amounts)
Three Months Ended
March 31,
2014
2013
20,403
$ 20,489
5,941
4,787
14,462
15,702

Revenue
Cost of revenue
Gross margin
Operating expenses:
Research and development
Sales and marketing
General and administrative
Total operating expenses
Operating income
Other income (expense)
Income before income taxes
Provision for income taxes

Net income

5,660

6,055

17,462

$
$

0.68
0.68

$
$

0.72
0.72

$
$

2.10
2.08

Earnings per share:

Basic
Diluted
Weighted average shares outstanding:
Basic
Diluted
Cash dividends declared per
common share

2,743
3,542
1,203
7,488
6,974
(17)
6,957
1,297

2,640
3,794
1,656
8,090
7,612
(9)
7,603
1,548

8,284
8,367
$

0.28

Nine Months Ended

March 31,
2014
2013
63,451
$ 57,953
19,339
14,647
44,112
43,306
8,258
11,129
3,448
22,835
21,277
(34)
21,243
3,781

8,364
8,429
$

0.23

7,628
11,048
3,939
22,615
20,691
216
20,907
4,009
$ 16,898

$
$

8,317
8,411
$

0.84

2.02
1.99
8,385
8,472

0.69

MICROSOFT CORPORATION
COMPREHENSIVE INCOME STATEMENTS
(In millions)

Net income
Other comprehensive income (loss):

Net unrealized gains (losses) on

derivatives (net of tax effects
of $1, $19, $(1)
and $(10))

Three Months Ended

March 31,
2014
2013
5,660
$
6,055

(31)

35

Nine Months Ended

March 31,
2014
2013
17,462
$ 16,898

(14)

(19)

Net unrealized gains on

investments (net of tax
effects of $37, $150,
$774 and $401)

68

278

1,502

744

Translation adjustments and

other (net of tax effects
of $9, $(61), $53
and $31)
Other comprehensive income

18
55

(114)
199

101
1,589

58
783

19,051

$ 17,681

Comprehensive income

5,715

6,254

MICROSOFT CORPORATION
BALANCE SHEETS
(In millions)
March 31,
2014
Assets
Current assets:
Cash and cash equivalents

Short-term investments (including securities

loaned of $707 and $579)

76,853

Total cash, cash equivalents, and short-term

investments

88,425

Accounts receivable, net of allowance for doubtful

accounts of $255 and $336
Inventories
Deferred income taxes
Other

13,497
1,920
1,424
3,740
109,006

Total current assets

Property and equipment, net of accumulated
depreciation of $14,441 and $12,513
Equity and other investments
Goodwill
Intangible assets, net
Other long-term assets
Total assets
Liabilities and stockholders' equity
Current liabilities:
Accounts payable
Current portion of long-term debt
Accrued compensation
Income taxes
Short-term unearned revenue
Securities lending payable
Other
Total current liabilities
Long-term debt
Long-term unearned revenue
Deferred income taxes
Other long-term liabilities
Total liabilities
Commitments and contingencies

11,572

11,771
14,792
14,751
2,901
2,898
$

156,119

4,583
2,000
3,887
694
17,670
794
4,275
33,903
20,679
1,842
2,318
9,953
68,695

Stockholders' equity:
Common stock and paid-in capital - shares
authorized 24,000; outstanding 8,260 and 8,328
Retained earnings
Accumulated other comprehensive income

67,803
16,289
3,332

Total stockholders' equity

Total liabilities and stockholders' equity

87,424
$

156,119

June 30,
2013

3,804
73,218
77,022
17,486
1,938
1,632
3,388
101,466
9,991
10,844
14,655
3,083
2,392

142,431

4,828
2,999
4,117
592
20,639
645
3,597
37,417
12,601
1,760
1,709
10,000
63,487

67,306
9,895
1,743
78,944
$

142,431

MICROSOFT CORPORATION
CASH FLOW STATEMENTS
(In millions)
Three Months Ended
March 31,
2014
2013
Operations
Net income

5,660

6,055

Nine Months Ended

March 31,
2014
2013
$

17,462

$ 16,898

Adjustments to reconcile net

income to net cash from
operations:
Depreciation, amortization, and
other

1,255

1,053

3,470

2,772

Stock-based compensation
expense

602

599

1,828

1,805

Net recognized losses (gains)

on investments and
derivatives

(40)

(52)

Excess tax benefits from

stock-based compensation
Deferred income taxes
Deferral of unearned revenue

(22)
(190)
10,175

(6)
226
9,686

(247)
38
27,456

(192)
404
28,632

(10,139)

(11,599)

(30,394)

(30,852)

2,501
(324)
340
(73)
(716)
870
200
10,099

2,191
(483)
139
(13)
(67)
1,238
699
9,666

4,243
38
(311)
(469)
(390)
3
(110)
22,717

3,859
(989)
(96)
(326)
51
119
864
22,930

0
(300)
141
(1,845)
(2,322)

0
0
203
(1,028)
(1,925)

8,850
(1,888)
461
(6,146)
(6,570)

2,232
0
765
(4,318)
(5,534)

247
(39)

192
(16)

Recognition of unearned
revenue
Changes in operating assets
and liabilities:
Accounts receivable
Inventories
Other current assets
Other long-term assets
Accounts payable
Other current liabilities
Other long-term liabilities
Net cash from operations
Financing
Proceeds from issuance of debt
Repayments of debt
Common stock issued
Common stock repurchased
Common stock cash dividends paid
Excess tax benefits from
stock-based compensation
Other

22
0

6
0

100

(19)

Net cash used in financing

Investing
Additions to property and
equipment
Acquisition of companies, net of
cash acquired, and purchases of
intangible and other assets
Purchases of investments
Maturities of investments
Sales of investments
Securities lending payable
Net cash used in investing
Effect of exchange rates on cash
and cash equivalents
Net change in cash and cash
equivalents
Cash and cash equivalents,
beginning of period
Cash and cash equivalents, end of
period

(4,304)

(2,744)

(5,085)

(6,679)

(1,192)

(930)

(4,155)

(2,463)

(157)

(108)

(311)

(1,564)

(21,323)
2,336
16,006
46
(4,284)

(18,160)
1,265
9,730
543
(7,660)

(49,217)
4,134
39,477
149
(9,923)

(48,372)
4,513
30,163
(249)
(17,972)

(39)

59

1,513

(777)

7,768

(1,698)

3,804

6,938

10,059
$

11,572

6,017
$

5,240

11,572

23

5,240

MICROSOFT CORPORATION
SEGMENT REVENUE AND GROSS MARGIN
(In millions)
Three Months Ended
March 31,
2014
2013

Nine Months Ended

March 31,
2014
2013

Revenue
Devices and Consumer Licensing
Devices and Consumer Hardware
Devices and Consumer Other
Commercial Licensing
Commercial Other
Corporate and Other
Total revenue
Gross Margin
Devices and Consumer Licensing
Devices and Consumer Hardware

4,382
1,973
1,950
10,323
1,902
(127)

4,352
1,402
1,656
9,979
1,449
1,651

14,109
8,187
5,378
30,805
5,285
(313)

$ 14,733
5,294
5,055
29,059
4,086
(274)

20,403

$ 20,489

63,451

$ 57,953

3,906
258

12,809
875

$ 13,163
1,603

Devices and Consumer Other

Commercial Licensing
Commercial Other
Corporate and Other
Total gross margin

541
9,430
475
(148)
$

14,462

3,929
393
430
9,085
264
1,601

$ 15,702

1,324
28,308
1,165
(369)
$

44,112

1,678
26,594
585
(317)
$ 43,306

Microsoft Corporation
Quarterly Income Statements
(In millions, except earnings per share)

Revenue
Cost of revenue
Gross margin
Operating expenses:
Research and development
Sales and marketing

Back to Main

General and administrative 5

Goodwill impairment
Other expenses (income)
Total operating expenses
Operating income
Other income (expense)
Noncontinuing items
Income before income taxes
Provision for income taxes
Income (loss) before accounting change
Cumulative effect of accounting change
Net income (loss)
Preferred stock dividends

Q1-941
996 $
228
768

Q2-941
1,146 $
260
886

Q3-941
1,261 $
284
977

Q4-941
1,311 $
305
1,006

Q1-951
1,270
284
986

134
256

150
279

156
300

170
300

178
320

35
0
4
429
339
23
0
362
123
239
0
239 $
0

42
0
2
473
413
25
0
438
149
289
0
289 $
0

41
0
4
501
476
26
(120)
382
126
256
0
256 $
0

48
0
6
524
482
28
30
540
178
362
0
362 $
0

51
0
2
551
435
36
0
471
155
316
0
316
0

Net income (loss) available for common shareholders

Basic earnings (loss) per share before accounting change

$
$

239 $
0.03 $

289 $
0.03 $

256 $
0.03 $

362 $
0.04 $

316
0.03

Diluted earnings (loss) per share before accounting change

Basic earnings (loss) per share

$
$

0.02 $
0.03 $

0.03 $
0.03 $

0.03 $
0.03 $

0.04 $
0.04 $

0.03
0.03

Diluted earnings (loss) per share

0.02 $

0.03 $

0.03 $

0.04 $

0.03

Not restated for adoption of the current accounting guidance on stock-based compensation and no recast of gains (losses) on foreign currency re

Recast of gains (losses) on foreign currency remeasurement

No recast of gains (losses) on foreign currency remeasurement

Includes expensed acquired in-process technology

Includes employee severance

Q2-951
1,516 $
331
1,185

Q3-951
1,627 $
355
1,272

Q4-951
1,662 $
376
1,286

Q1-961
2,085 $
522
1,563

Q2-961
2,287 $
566
1,721

Q3-961
2,311 $
541
1,770

Q4-961
2,367 $
516
1,851

Q1-971
2,405 $
482
1,923

Q2-971
2,808 $
558
2,250

Q3-971
3,365 $
583
2,782

199
404

219
436

264
404

278
514

305
554

337
572

406
545

417
518

449
639

474
639

62
0
5
670
515
42
0
557
184
373
0
373 $
0

68
0
5
728
544
48
0
592
196
396
0
396 $
0

86
0
4
758
528
65
(46)
547
179
368
0
368 $
0

63
0
4
859
704
66
0
770
271
499
0
499 $
0

76
0
(23)
912
809
76
0
885
310
575
0
575 $
0

87
0
(4)
992
778
86
0
864
302
562
0
562 $
0

90
0
42
1,083
768
92
0
860
301
559
0
559 $
0

86
0
49
1,070
853
92
0
945
331
614
0
614 $
0

81
0
46
1,215
1,035
105
0
1,140
399
741
0
741 $
(1)

101
0
84
1,298
1,484
119
0
1,603
561
1,042
0
1,042 $
(7)

94
0
80
1,312
1,499
127
0
1,626
569
1,057
0
1,057
(7)

$
$

373 $
0.04 $

396 $
0.04 $

368 $
0.04 $

499 $
0.05 $

575 $
0.06 $

562 $
0.06 $

559 $
0.06 $

614 $
0.06 $

740 $
0.08 $

1,035 $
0.11 $

1,050
0.11

$
$

0.04 $
0.04 $

0.04 $
0.04 $

0.04 $
0.04 $

0.05 $
0.05 $

0.06 $
0.06 $

0.05 $
0.06 $

0.05 $
0.06 $

0.06 $
0.06 $

0.07 $
0.08 $

0.10 $
0.11 $

0.10
0.11

0.04 $

0.04 $

0.04 $

0.05 $

0.06 $

0.05 $

0.05 $

0.06 $

0.07 $

0.10 $

0.10

on foreign currency remeasurement

Q4-971
3,358
547
2,811
523
615

Q1-981
3,334 $
534
2,800

Q2-981
3,792 $
613
3,179

Q3-981
3,984 $
640
3,344

Q4-981
4,152 $
673
3,479

Q1-991
4,193 $
649
3,544

Q2-991
5,195 $
788
4,407

Q3-991
4,595 $
708
3,887

Q4-991
5,764 $
669
5,095

Q1-001
5,384 $
712
4,672

899
692

648
764

611
731

739
700

651
685

715
798

664
842

940
913

813
922

Q2-001
6,112 $
756
5,356

Q3-001
5,656
752
4,904

898
1,013

974
1,010

95
0
0
1,686
1,114
88
0
1,202
539
663
0
663 $
(7)

106
0
0
1,518
1,661
109
0
1,770
637
1,133
0
1,133 $
(7)

104
0
0
1,446
1,898
159
0
2,057
720
1,337
0
1,337 $
(7)

128
0
0
1,567
1,912
176
0
2,088
731
1,357
0
1,357 $
(7)

101
0
0
1,437
2,107
396
0
2,503
820
1,683
0
1,683 $
(7)

154
0
0
1,667
2,740
311
0
3,051
1,068
1,983
0
1,983 $
(7)

152
0
0
1,658
2,229
720
0
2,949
1,032
1,917
0
1,917 $
(7)

308
0
0
2,161
2,934
454
0
3,388
1,186
2,202
0
2,202 $
(7)

148
0
0
1,883
2,789
531
0
3,320
1,129
2,191
0
2,191 $
(7)

514
0
0
2,425
2,931
760
0
3,691
1,255
2,436
0
2,436 $
(6)

185
0
0
2,169
2,735
878
0
3,613
1,228
2,385
0
2,385
0

$
$

656 $
0.07 $

1,126 $
0.12 $

1,330 $
0.14 $

1,350 $
0.14 $

1,676 $
0.17 $

1,976 $
0.20 $

1,910 $
0.19 $

2,195 $
0.22 $

2,184 $
0.21 $

2,430 $
0.24 $

2,385
0.23

$
$

0.06 $
0.07 $

0.11 $
0.12 $

0.12 $
0.14 $

0.13 $
0.14 $

0.15 $
0.17 $

0.18 $
0.20 $

0.17 $
0.19 $

0.20 $
0.22 $

0.20 $
0.21 $

0.22 $
0.24 $

0.22
0.23

0.06 $

0.11 $

0.12 $

0.13 $

0.15 $

0.18 $

0.17 $

0.20 $

0.20 $

0.22 $

0.22

Q4-001
5,804 $
782
5,022

Q1-011
5,766 $
825
4,941

Q2-011
6,550 $
864
5,686

Q3-011
6,403 $
899
5,504

Q4-011
6,577 $
867
5,710

1,087
1,181

956
1,038

990
1,290

1,069
1,198

203
0
0
2,471
2,551
1,100
0
3,651
1,242
2,409
0
2,409 $
0

170
0
0
2,164
2,777
1,075
0
3,852
1,271
2,581
(375)
2,206 $
0

212
0
0
2,492
3,194
723
0
3,917
1,293
2,624
0
2,624 $
0

239
0
0
2,506
2,998
660
0
3,658
1,207
2,451
0
2,451 $
0

236
0
0
2,959
2,751
(2,653)
0
98
33
65
0
65 $
0

$
$

2,409 $
0.23 $

2,206 $
0.24 $

2,624 $
0.25 $

2,451 $
0.23 $

$
$

0.22 $
0.23 $

0.23 $
0.21 $

0.24 $
0.25 $

0.22 $

0.20 $

0.24 $

1,364
1,359

Q1-023
6,126 $
978
5,148
1,398
1,457

Q2-023
7,741 $
1,691
6,050

Q3-023
7,245 $
1,567
5,678

Q4-023
7,253 $
1,463
5,790

Q1-033
7,746 $
1,344
6,402

Q2-033
8,541
2,137
6,404

1,595
1,676

1,474
1,449

1,832
1,670

1,707
1,415

1,515
2,159

286
0
0
3,141
2,007
(1,010)
0
997
319
678
0
678 $
0

885
0
0
4,156
1,894
516
0
2,410
771
1,639
0
1,639 $
0

343
0
0
3,266
2,412
728
0
3,140
1,005
2,135
0
2,135 $
0

329
0
0
3,831
1,959
(631)
0
1,328
425
903
0
903 $
0

252
0
0
3,374
3,028
19
0
3,047
1,006
2,041
0
2,041 $
0

497
0
0
4,171
2,233
363
0
2,596
731
1,865
0
1,865
0

65 $
0.01 $

678 $
0.06 $

1,639 $
0.15 $

2,135 $
0.20 $

903 $
0.08 $

2,041 $
0.19 $

1,865
0.17

0.22 $
0.23 $

0.01 $
0.01 $

0.06 $
0.06 $

0.15 $
0.15 $

0.19 $
0.20 $

0.08 $
0.08 $

0.19 $
0.19 $

0.17
0.17

0.22 $

0.01 $

0.06 $

0.15 $

0.19 $

0.08 $

0.19 $

0.17

Q3-033
7,835 $
1,274
6,561

Q4-033
8,065 $
1,304
6,761

Q1-043
Q2-043
8,215 $ 10,153 $
1,480
2,344
6,735
7,809

Q3-043
9,175 $
1,411
7,764

Q4-043
9,292 $
1,481
7,811

Q1-053
Q2-053
9,189 $ 10,818 $
1,405
1,875
7,784
8,943

Q3-053
Q4-053
9,620 $ 10,161 $
1,363
1,388
8,257
8,773

Q1-063
9,741
1,253
8,488

1,692
1,700

1,681
2,288

1,611
1,505

2,971
2,467

1,538
1,928

1,659
2,409

1,530
1,664

1,421
2,122

1,482
2,070

1,664
2,707

1,515
1,945

425
0
0
3,817
2,744
453
0
3,197
1,055
2,142
0
2,142 $
0

1,252
0
0
5,221
1,540
674
0
2,214
731
1,483
0
1,483 $
0

471
0
0
3,587
3,148
753
0
3,901
1,287
2,614
0
2,614 $
0

896
0
0
6,334
1,475
837
0
2,312
763
1,549
0
1,549 $
0

3,020
0
0
6,486
1,278
1,001
0
2,279
964
1,315
0
1,315 $
0

610
0
0
4,678
3,133
571
0
3,704
1,014
2,690
0
2,690 $
0

1,096
0
0
4,290
3,494
279
0
3,773
1,245
2,528
0
2,528 $
0

651
0
0
4,194
4,749
420
0
5,169
1,706
3,463
0
3,463 $
0

1,376
0
0
4,928
3,329
496
0
3,825
1,262
2,563
0
2,563 $
0

1,413
0
0
5,784
2,989
872
0
3,861
161
3,700
0
3,700 $
0

982
0
0
4,442
4,046
506
0
4,552
1,411
3,141
0
3,141
0

$
$

2,142 $
0.20 $

1,483 $
0.14 $

2,614 $
0.24 $

1,549 $
0.14 $

1,315 $
0.12 $

2,690 $
0.25 $

2,528 $
0.23 $

3,463 $
0.32 $

2,563 $
0.24 $

3,700 $
0.34 $

3,141
0.29

$
$

0.20 $
0.20 $

0.14 $
0.14 $

0.24 $
0.24 $

0.14 $
0.14 $

0.12 $
0.12 $

0.25 $
0.25 $

0.23 $
0.23 $

0.32 $
0.32 $

0.23 $
0.24 $

0.34 $
0.34 $

0.29
0.29

0.20 $

0.14 $

0.24 $

0.14 $

0.12 $

0.25 $

0.23 $

0.32 $

0.23 $

0.34 $

0.29

Q2-063
Q3-063
Q4-063
Q1-072
Q2-072
Q3-072
Q4-072
Q1-082
Q2-082
Q3-082
Q4-082
$ 11,837 $ 10,900 $ 11,804 $ 10,811 $ 12,542 $ 14,398 $ 13,371 $ 13,762 $ 16,367 $ 14,454 $ 15,837
2,239
2,028
2,130
1,696
3,620
2,140
3,237
2,675
3,543
2,514
2,866
9,598
8,872
9,674
9,115
8,922
12,258
10,134
11,087
12,824
11,940
12,971
1,591
2,689

1,617
2,362

1,861
2,822

1,786
2,234

1,637
3,038

1,750
2,914

1,948
3,355

1,837
2,683

1,885
3,420

2,035
3,274

2,407
3,883

661
0
0
4,941
4,657
480
0
5,137
1,484
3,653
0
3,653 $
0

1,005
0
0
4,984
3,888
427
0
4,315
1,338
2,977
0
2,977 $
0

1,110
0
0
5,793
3,881
377
0
4,258
1,430
2,828
0
2,828 $
0

664
0
0
4,684
4,431
610
0
5,041
1,563
3,478
0
3,478 $
0

814
0
0
5,489
3,433
372
0
3,805
1,179
2,626
0
2,626 $
0

983
0
0
5,647
6,611
360
0
6,971
2,045
4,926
0
4,926 $
0

868
0
0
6,171
3,963
321
0
4,284
1,249
3,035
0
3,035 $
0

718
0
0
5,238
5,849
367
0
6,216
1,927
4,289
0
4,289 $
0

1,066
0
0
6,371
6,453
367
0
6,820
2,113
4,707
0
4,707 $
0

2,341
0
0
7,650
4,290
520
0
4,810
422
4,388
0
4,388 $
0

1,002
0
0
7,292
5,679
289
0
5,968
1,671
4,297
0
4,297
0

$
$

3,653 $
0.35 $

2,977 $
0.29 $

2,828 $
0.28 $

3,478 $
0.35 $

2,626 $
0.27 $

4,926 $
0.51 $

3,035 $
0.32 $

4,289 $
0.46 $

4,707 $
0.50 $

4,388 $
0.47 $

4,297
0.46

$
$

0.34 $
0.35 $

0.29 $
0.29 $

0.28 $
0.28 $

0.35 $
0.35 $

0.26 $
0.27 $

0.50 $
0.51 $

0.31 $
0.32 $

0.45 $
0.46 $

0.50 $
0.50 $

0.47 $
0.47 $

0.46
0.46

0.34 $

0.29 $

0.28 $

0.35 $

0.26 $

0.50 $

0.31 $

0.45 $

0.50 $

0.47 $

0.46

Q1-09
Q2-09
Q3-09
Q4-09
Q1-10
Q2-10
Q3-10
Q4-10
Q1-11
Q2-11
Q3-11
$ 15,061 $ 16,629 $ 13,648 $ 13,099 $ 12,920 $ 19,022 $ 14,503 $ 16,039 $ 16,195 $ 19,953 $ 16,428
2,848
3,907
2,814
2,586
2,842
3,628
2,755
3,170
3,139
4,833
3,897
12,213
12,722
10,834
10,513
10,078
15,394
11,748
12,869
13,056
15,120
12,531
2,283
3,044

2,290
3,662

2,212
2,981

2,225
3,192

2,065
2,790

2,079
3,619

2,220
3,203

2,350
3,602

2,196
2,806

2,185
3,825

2,269
3,393

887
0
0
6,214
5,999
(8)
0
5,991
1,618
4,373
0
4,373 $
0

831
0
0
6,783
5,939
(301)
0
5,638
1,464
4,174
0
4,174 $
0

1,203
0
0
6,396
4,438
(388)
0
4,050
1,073
2,977
0
2,977 $
0

1,109
0
0
6,526
3,987
155
0
4,142
1,097
3,045
0
3,045 $
0

741
0
0
5,596
4,482
283
0
4,765
1,191
3,574
0
3,574 $
0

1,183
0
0
6,881
8,513
370
0
8,883
2,221
6,662
0
6,662 $
0

1,152
0
0
6,575
5,173
168
0
5,341
1,335
4,006
0
4,006 $
0

987
0
0
6,939
5,930
94
0
6,024
1,506
4,518
0
4,518 $
0

938
0
0
5,940
7,116
114
0
7,230
1,820
5,410
0
5,410 $
0

945
0
0
6,955
8,165
332
0
8,497
1,863
6,634
0
6,634 $
0

1,160
0
0
6,822
5,709
316
0
6,025
793
5,232
0
5,232
0

$
$

4,373 $
0.48 $

4,174 $
0.47 $

2,977 $
0.33 $

3,045 $
0.34 $

3,574 $
0.40 $

6,662 $
0.75 $

4,006 $
0.46 $

4,518 $
0.52 $

5,410 $
0.63 $

6,634 $
0.78 $

5,232
0.62

$
$

0.48 $
0.48 $

0.47 $
0.47 $

0.33 $
0.33 $

0.34 $
0.34 $

0.40 $
0.40 $

0.74 $
0.75 $

0.45 $
0.46 $

0.51 $
0.52 $

0.62 $
0.63 $

0.77 $
0.78 $

0.61
0.62

0.48 $

0.47 $

0.33 $

0.34 $

0.40 $

0.74 $

0.45 $

0.51 $

0.62 $

0.77 $

0.61

Q4-11
Q1-12
Q2-12
Q3-12
Q4-12
Q1-13
Q2-13
$ 17,367 $ 17,372 $ 20,885 $ 17,407 $ 18,059 $ 16,008 $ 21,456 $
3,708
3,777
5,638
3,952
4,163
4,168
5,692
13,659
13,595
15,247
13,455
13,896
11,840
15,764
2,393
3,916

2,329
2,900

2,371
3,762

2,517
3,414

1,179
0
0
7,488
6,171
148
0
6,319
445
5,874
0
5,874 $
0

1,163
0
0
6,392
7,203
103
0
7,306
1,568
5,738
0
5,738 $
0

1,120
0
0
7,253
7,994
245
0
8,239
1,615
6,624
0
6,624 $
0

$
$

5,874 $
0.70 $

5,738 $
0.68 $

$
$

0.69 $
0.70 $

0.69 $

2,594
3,781

Q3-13
20,489 $
4,787
15,702

Q4-13
19,896 $
5,602
14,294

Q1-14
18,529
5,114
13,415

2,460
2,945

2,528
4,309

2,640
3,794

2,783
4,228

2,767
3,304

1,150
1,136
0
6,193
0
0
7,081
13,704
6,374
192
(11)
167
0
0
6,363
359
1,255
851
5,108
(492)
0
0
5,108 $
(492) $
0
0

1,127
0
0
6,532
5,308
226
0
5,534
1,068
4,466
0
4,466 $
0

1,156
0
0
7,993
7,771
(1)
0
7,770
1,393
6,377
0
6,377 $
0

1,656
0
0
8,090
7,612
(9)
0
7,603
1,548
6,055
0
6,055 $
0

1,210
0
0
8,221
6,073
72
0
6,145
1,180
4,965
0
4,965
0

1,010
0
0
7,081
6,334
74
0
6,408
1,164
5,244
0
5,244
0

6,624 $
0.79 $

5,108
0.61

$
$

(492) $
(0.06) $

4,466 $
0.53 $

6,377
0.76

$
$

6,055
0.72

$
$

4,965
0.59

$
$

5,244
0.63

0.68 $
0.68 $

0.78 $
0.79 $

0.60
0.61

$
$

(0.06) $
(0.06) $

0.53 $
0.53 $

0.76
0.76

$
$

0.72
0.72

$
$

0.59
0.59

$
$

0.62
0.63

0.68 $

0.78 $

0.60

(0.06) $

0.53 $

0.76

0.72

0.59

0.62

Q2-14
24,519 $
8,284
16,235

Q3-14
20,403
5,941
14,462

2,748
4,283

2,743
3,542

1,235
0
0
8,266
7,969
(91)
0
7,878
1,320
6,558
0
6,558 $
0

1,203
0
0
7,488
6,974
(17)
0
6,957
1,297
5,660
0
5,660
0

$
$

6,558 $
0.79 $

5,660
0.68

$
$

0.78 $
0.79 $

0.68
0.68

0.78 $

0.68

Microsoft Corporation
Segment Revenue and Gross Margin
(In millions)

Revenue
Devices and Consumer Licensing
Devices and Consumer Hardware
Devices and Consumer Other
Commercial Licensing
Commercial Other
Corporate and Other
Total revenue

Gross Margin
Devices and Consumer Licensing
Devices and Consumer Hardware
Devices and Consumer Other
Commercial Licensing
Commercial Other
Corporate and Other
Total gross margin

Back to Main

Q1-13
4,678 $
1,084
1,400
8,945
1,248
(1,347)

Q2-13
5,703 $
2,808
1,999
10,135
1,389
(578)

16,008

21,456

Q1-13
4,103 $
448
362
8,183
105
(1,361)
11,840

Q2-13
5,131 $
762
886
9,326
216
(557)
15,764

Q3-13
4,352
1,402
1,656
9,979
1,449
1,651
20,489

Q3-13
3,929
393
430
9,085
264
1,601
15,702

Q4-13
4,288 $
1,167
1,563
10,627
1,574
677
19,896 $

Q4-13
3,881 $
(647)
368
9,667
336
689
14,294 $

Fiscal Year
2013
19,021
6,461
6,618
39,686
5,660
403
77,849

Fiscal Year
2013
17,044
956
2,046
36,261
921
372
57,600

Q1-14
4,343 $
1,485
1,635
9,594
1,603
(131)

Q2-14
5,384 $
4,729
1,793
10,888
1,780
(55)

Q3-14
4,382
1,973
1,950
10,323
1,902
(127)

18,529 $

24,519 $

20,403

Q1-14
3,925 $
206
352
8,801
275
(144)

Q2-14
4,978 $
411
431
10,077
415
(77)

13,415 $

16,235 $

Q3-14
3,906
258
541
9,430
475
(148)
14,462

Q4-14

Q4-14

Fiscal Year
2014
14,109
8,187
5,378
30,805
5,285
(313)
63,451

Fiscal Year
2014
12,809
875
1,324
28,308
1,165
(369)
44,112

Microsoft Corporation
Unearned Revenue

Back to Main

Q4-12
Unearned Revenue ($ in millions)
Commercial Licensing
Commercial Other
Rest of the segments
Total
Unearned Revenue (in %)
Commercial Licensing
Commercial Other
Rest of the segments
Total

Q1-13

Q2-13

Q3-13

16,818 $
1,529
1,712

15,149 $
1,324
3,114

14,782 $
1,378
3,653

14,217
1,446
2,242

20,059

19,587

19,813

17,905

84%
8%
8%

77%
7%
16%

75%
7%
18%

79%
8%
13%

100%

100%

100%

100%

Q4-13

Q1-14

Q2-14

Q3-14

18,460 $
2,272
1,667

16,270 $
1,989
1,955

15,592 $
2,173
1,709

15,141
2,394
1,977

22,399

20,214

19,474

19,512

82%
10%
8%

80%
10%
10%

80%
11%
9%

78%
12%
10%

100%

100%

100%

100%

Microsoft Corporation
Yearly Income Statements
(In millions, except earnings per share)

Back to Main

FY941
4,714 $
1,077
3,637

FY951
6,075
1,346
4,729

610
1,135

860
1,564

General and administrative 5

Goodwill impairment
Other expenses
Total operating expenses

166
0
16
1,927

267
0
16
2,707

1,710
102
(90)
1,722
576
1,146
0
1,146
0

2,022
191
(46)
2,167
714
1,453
0
1,453
0

Revenue
Cost of revenue
Gross margin
Operating expenses:
Research and development
Sales and marketing

Operating income
Other income (expense)
Noncontinuing items
Income before income taxes
Provision for income taxes
Net income before accounting change
Cumulative effect of accounting change
Net income
Preferred stock dividends
Net income available for common shareholders
Basic earnings per share before accounting change

$
$

1,146
0.13

$
$

1,453
0.16

Diluted earnings per share before accounting change

Basic earnings per share
Diluted earnings per share

$
$
$

0.12
0.13
0.12

$
$
$

0.14
0.16
0.14

Not restated for adoption of the current accounting guidance on stock-based compensation and no recast of

Recast of gains (losses) on foreign currency remeasurement

No recast of gains (losses) on foreign currency remeasurement

Includes expensed acquired in-process technology

Includes employee severance

FY961
9,050 $
2,145
6,905

FY971
11,936 $
2,170
9,766

FY981
15,262 $
2,460
12,802

FY991
19,747 $
2,814
16,933

FY001
22,956 $
3,002
19,954

FY011
25,296 $
3,455
21,841

FY023
28,365
5,699
22,666

1,326
2,185

1,863
2,411

2,897
2,887

2,970
3,238

3,772
4,126

4,379
4,885

6,299
6,252

316
0
19
3,846

362
0
259
4,895

433
0
0
6,217

715
0
0
6,923

1,050
0
0
8,948

857
0
0
10,121

1,843
0
0
14,394

3,059
320
0
3,379
1,184
2,195
0
2,195
0

4,871
443
0
5,314
1,860
3,454
0
3,454
(15)

6,585
532
0
7,117
2,627
4,490
0
4,490
(28)

10,010
1,881
0
11,891
4,106
7,785
0
7,785
(28)

11,006
3,269
0
14,275
4,854
9,421
0
9,421
(13)

11,720
(195)
0
11,525
3,804
7,721
(375)
7,346
0

8,272
(397)
0
7,875
2,520
5,355
0
5,355
0

$
$

2,195
0.23

$
$

3,439
0.36

$
$

4,462
0.46

$
$

7,757
0.77

$
$

9,408
0.91

$
$

7,346
0.72

$
$

5,355
0.50

$
$
$

0.21
0.23
0.21

$
$
$

0.33
0.36
0.33

$
$
$

0.42
0.46
0.42

$
$
$

0.71
0.77
0.71

$
$
$

0.85
0.91
0.85

$
$
$

0.69
0.69
0.66

$
$
$

0.48
0.50
0.48

pensation and no recast of gains (losses) on foreign currency remeasurement

FY033
32,187 $
6,059
26,128

FY042
36,835 $
6,596
30,239

FY052
39,788 $
6,031
33,757

FY062
44,282 $
7,650
36,632

FY072
51,122 $
10,693
40,429

FY082
60,420 $
11,598
48,822

FY09
58,437
12,155
46,282

6,595
7,562

7,735
8,121

6,097
8,548

6,584
9,910

7,121
11,541

8,164
13,260

9,010
12,879

2,426
0
0
16,583

5,275
0
0
21,131

4,536
0
0
19,181

3,758
0
0
20,252

3,329
0
0
21,991

5,127
0
0
26,551

4,030
0
0
25,919

9,545
1,509
0
11,054
3,523
7,531
0
7,531
0

9,108
3,088
0
12,196
4,028
8,168
0
8,168
0

14,576
2,052
0
16,628
4,374
12,254
0
12,254
0

16,380
1,882
0
18,262
5,663
12,599
0
12,599
0

18,438
1,663
0
20,101
6,036
14,065
0
14,065
0

22,271
1,543
0
23,814
6,133
17,681
0
17,681
0

20,363
(542)
0
19,821
5,252
14,569
0
14,569
0

$
$

7,531
0.70

$
$

8,168
0.76

$
$

12,254
1.13

$
$

12,599
1.21

$
$

14,065
1.44

$
$

17,681
1.90

$
$

14,569
1.63

$
$
$

0.69
0.70
0.69

$
$
$

0.75
0.76
0.75

$
$
$

1.12
1.13
1.12

$
$
$

1.20
1.21
1.20

$
$
$

1.42
1.44
1.42

$
$
$

1.87
1.90
1.87

$
$
$

1.62
1.63
1.62

FY10
62,484 $
12,395
50,089

FY11
69,943 $
15,577
54,366

FY12
73,723 $
17,530
56,193

FY13
77,849
20,249
57,600

8,714
13,214

9,043
13,940

9,811
13,857

10,411
15,276

4,063
0
0
25,991

4,222
0
0
27,205

4,569
6,193
0
34,430

5,149
0
0
30,836

24,098
915
0
25,013
6,253
18,760
0
18,760
0

27,161
910
0
28,071
4,921
23,150
0
23,150
0

21,763
504
0
22,267
5,289
16,978
0
16,978
0

26,764
288
0
27,052
5,189
21,863
0
21,863
0

$
$

18,760
2.13

$
$

23,150
2.73

$
$

16,978
2.02

$
$

21,863
2.61

$
$
$

2.10
2.13
2.10

$
$
$

2.69
2.73
2.69

$
$
$

2.00
2.02
2.00

$
$
$

2.58
2.61
2.58