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RESEARCH REPORT
PRIVATE + PUBLIC COMPANIES

Company Financial Report

Reporting years 2021–2025

Microsoft Corporation

Prepared 17/09/2026 · Sample report

WORKED SAMPLE / PREPARED RESEARCH

Inside a company financial report.

One legal entity. A focused financial question. The figures, calculations and source context in one place.

Company
Microsoft Corporation
Reporting period
FY2021–FY2025
Accounting scope
Consolidated
Currency & units
USD millions
THE RESEARCH QUESTION

How did Microsoft’s financial performance, balance sheet and cash generation change from FY2021 to FY2025?

FINANCIAL STATEMENTS

Microsoft Corporation

US

Demonstration report

5years of financials
Latest period2025-06-30Currency / unitsUSD / millionsAccounting scopeConsolidatedPeriod length12 months
Revenue281,724USD · millions+14.9% year on year
Operating profit128,528USD · millions+17.4% year on year
Profit before tax123,627USD · millions+14.7% year on year
Net profit101,832USD · millions+15.5% year on year

Five-year financials

2021–2025

Income statement

Revenue, costs and profit across the available reporting periods.

5 fields
Swipe to compare years on mobile. Select a numeric field to inspect its trend.
Financial indicator2021-06-3012 months2022-06-3012 months2023-06-3012 months2024-06-3012 months2025-06-3012 months
168,088168,088198,270198,270211,915211,915245,122245,122281,724281,724
115,856115,856135,620135,620146,052146,052171,008171,008193,893193,893
69,91669,91683,38383,38388,52388,523109,433109,433128,528128,528
71,10271,10283,71683,71689,31189,311107,787107,787123,627123,627
61,27161,27172,73872,73872,36172,36188,13688,136101,832101,832

Balance sheet

Assets, liabilities, equity and liquidity at each reported period end.

6 fields
Swipe to compare years on mobile. Select a numeric field to inspect its trend.
Financial indicator2021-06-3012 months2022-06-3012 months2023-06-3012 months2024-06-3012 months2025-06-3012 months
333,779333,779364,840364,840411,976411,976512,163512,163619,003619,003
191,791191,791198,298198,298205,753205,753243,686243,686275,524275,524
141,988141,988166,542166,542206,223206,223268,477268,477343,479343,479
14,22414,22413,93113,93134,70434,70418,31518,31530,24230,242
184,406184,406169,684169,684184,257184,257159,734159,734191,131191,131
88,65788,65795,08295,082104,149104,149125,286125,286141,218141,218

Cash flow

Cash generated and used across operating, investing and financing activities.

5 fields
Swipe to compare years on mobile. Select a numeric field to inspect its trend.
Financial indicator2021-06-3012 months2022-06-3012 months2023-06-3012 months2024-06-3012 months2025-06-3012 months
76,74076,74089,03589,03587,58287,582118,548118,548136,162136,162
-27,577-27,577-30,311-30,311-22,680-22,680-96,970-96,970-72,599-72,599
-48,486-48,486-58,876-58,876-43,935-43,935-37,757-37,757-51,699-51,699
20,62220,62223,88623,88628,10728,10744,47744,47764,55164,551
56,11856,11865,14965,14959,47559,47574,07174,07171,61171,611

Indicators

Margins, returns and liquidity ratios reported or derived for each period.

2 fields
Swipe to compare years on mobile. Select a numeric field to inspect its trend.
Financial indicator2021-06-3012 months2022-06-3012 months2023-06-3012 months2024-06-3012 months2025-06-3012 months
%41.5941.5942.0642.0641.7741.7744.6444.6445.6245.62
×2.082.081.781.781.771.771.271.271.351.35

Reporting basis

Currency, units, accounting scope and period details used to interpret the figures.

4 fields
Swipe to compare years on mobile. Select a numeric field to inspect its trend.
Reporting detail2021-06-3012 months2022-06-3012 months2023-06-3012 months2024-06-3012 months2025-06-3012 months
currencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
unitsmillionsmillionsmillionsmillionsmillionsmillionsmillionsmillionsmillionsmillions
consolidatedtruetruetruetruetruetruetruetruetruetrue
reporting period12121212121212121212

Key observations

Detailed findings from the financial statements above.

Growth, profitability and cash investment

Revenue increased from $168.1bn to $281.7bn over FY2021–FY2025. Operating margin rose from 41.6% to 45.6%, calculated from reported operating income and revenue.

Operating cash flow reached $136.2bn in FY2025. Cash additions to property and equipment were $64.6bn, leaving $71.6bn after this investment. This free-cash-flow calculation excludes acquisitions and financing flows; capital expenditure is displayed as a positive outlay.

Total assets reached $619.0bn, with $275.5bn of liabilities and $343.5bn of equity. The current ratio was 1.35×, calculated from current assets divided by current liabilities.

Reporting basis and sources

This prepared example uses Microsoft Corporation’s consolidated annual statements for years ended 30 June 2021–2025, in USD millions. It shows selected financial lines across all five years. Ratios and free cash flow are calculated from the displayed figures; all other values are reported amounts.

2025 annual report · 2023 annual report · 2022 annual report

Source references are retained with each financial value.

Inspect the evidence

Financial statements and filings

Company
Microsoft Corporation
Country
US
Source
Microsoft investor relations
Currency
USD
Units
millions
Consolidated accounts
Yes
Reporting period
12

Open source reference ↗https://www.microsoft.com/investor/reports/ar25/index.html

Open source reference ↗https://www.microsoft.com/investor/reports/ar23/index.html

Open source reference ↗https://www.microsoft.com/investor/reports/ar22/index.html

Inspect returned data
{
  "company_name": "Microsoft Corporation",
  "country": "US",
  "domain": "microsoft.com",
  "source": {
    "name": "Microsoft investor relations",
    "annual_reports": [
      "https://www.microsoft.com/investor/reports/ar25/index.html",
      "https://www.microsoft.com/investor/reports/ar23/index.html",
      "https://www.microsoft.com/investor/reports/ar22/index.html"
    ]
  },
  "2021-06-30": {
    "currency": "USD",
    "units": "millions",
    "consolidated": true,
    "reporting_period": 12,
    "revenue": {
      "value": 168088,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "gross_profit": {
      "value": 115856,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "operating_profit": {
      "value": 69916,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "profit_before_tax": {
      "value": 71102,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "net_profit": {
      "value": 61271,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "total_assets": {
      "value": 333779,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "total_liabilities": {
      "value": 191791,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "shareholders_funds": {
      "value": 141988,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "cash_and_cash_equivalents": {
      "value": 14224,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "current_assets": {
      "value": 184406,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "current_liabilities": {
      "value": 88657,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "operating_cash_flow": {
      "value": 76740,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "investing_cash_flow": {
      "value": -27577,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "financing_cash_flow": {
      "value": -48486,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "capital_expenditure": {
      "value": 20622,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "operating_margin": {
      "value": 41.59,
      "source": {
        "name": "Calculated: operating profit / revenue × 100",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "current_ratio": {
      "value": 2.08,
      "source": {
        "name": "Calculated: current assets / current liabilities",
        "url": "https://www.microsoft.com/investor/reports/ar22/index.html"
      }
    },
    "free_cash_flow": {
      "value": 56118,
      "source": {
        "name": "Calculated: operating cash flow less cash additions to property and equipment",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    }
  },
  "2022-06-30": {
    "currency": "USD",
    "units": "millions",
    "consolidated": true,
    "reporting_period": 12,
    "revenue": {
      "value": 198270,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "gross_profit": {
      "value": 135620,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "operating_profit": {
      "value": 83383,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "profit_before_tax": {
      "value": 83716,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "net_profit": {
      "value": 72738,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "total_assets": {
      "value": 364840,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "total_liabilities": {
      "value": 198298,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "shareholders_funds": {
      "value": 166542,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "cash_and_cash_equivalents": {
      "value": 13931,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "current_assets": {
      "value": 169684,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "current_liabilities": {
      "value": 95082,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "operating_cash_flow": {
      "value": 89035,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "investing_cash_flow": {
      "value": -30311,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "financing_cash_flow": {
      "value": -58876,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "capital_expenditure": {
      "value": 23886,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "operating_margin": {
      "value": 42.06,
      "source": {
        "name": "Calculated: operating profit / revenue × 100",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "current_ratio": {
      "value": 1.78,
      "source": {
        "name": "Calculated: current assets / current liabilities",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "free_cash_flow": {
      "value": 65149,
      "source": {
        "name": "Calculated: operating cash flow less cash additions to property and equipment",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    }
  },
  "2023-06-30": {
    "currency": "USD",
    "units": "millions",
    "consolidated": true,
    "reporting_period": 12,
    "revenue": {
      "value": 211915,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "gross_profit": {
      "value": 146052,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_profit": {
      "value": 88523,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "profit_before_tax": {
      "value": 89311,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "net_profit": {
      "value": 72361,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "total_assets": {
      "value": 411976,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "total_liabilities": {
      "value": 205753,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "shareholders_funds": {
      "value": 206223,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "cash_and_cash_equivalents": {
      "value": 34704,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "current_assets": {
      "value": 184257,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "current_liabilities": {
      "value": 104149,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "operating_cash_flow": {
      "value": 87582,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "investing_cash_flow": {
      "value": -22680,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "financing_cash_flow": {
      "value": -43935,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "capital_expenditure": {
      "value": 28107,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_margin": {
      "value": 41.77,
      "source": {
        "name": "Calculated: operating profit / revenue × 100",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_ratio": {
      "value": 1.77,
      "source": {
        "name": "Calculated: current assets / current liabilities",
        "url": "https://www.microsoft.com/investor/reports/ar23/index.html"
      }
    },
    "free_cash_flow": {
      "value": 59475,
      "source": {
        "name": "Calculated: operating cash flow less cash additions to property and equipment",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    }
  },
  "2024-06-30": {
    "currency": "USD",
    "units": "millions",
    "consolidated": true,
    "reporting_period": 12,
    "revenue": {
      "value": 245122,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "gross_profit": {
      "value": 171008,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_profit": {
      "value": 109433,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "profit_before_tax": {
      "value": 107787,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "net_profit": {
      "value": 88136,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "total_assets": {
      "value": 512163,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "total_liabilities": {
      "value": 243686,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "shareholders_funds": {
      "value": 268477,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "cash_and_cash_equivalents": {
      "value": 18315,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_assets": {
      "value": 159734,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_liabilities": {
      "value": 125286,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_cash_flow": {
      "value": 118548,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "investing_cash_flow": {
      "value": -96970,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "financing_cash_flow": {
      "value": -37757,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "capital_expenditure": {
      "value": 44477,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_margin": {
      "value": 44.64,
      "source": {
        "name": "Calculated: operating profit / revenue × 100",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_ratio": {
      "value": 1.27,
      "source": {
        "name": "Calculated: current assets / current liabilities",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "free_cash_flow": {
      "value": 74071,
      "source": {
        "name": "Calculated: operating cash flow less cash additions to property and equipment",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    }
  },
  "2025-06-30": {
    "currency": "USD",
    "units": "millions",
    "consolidated": true,
    "reporting_period": 12,
    "revenue": {
      "value": 281724,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "gross_profit": {
      "value": 193893,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_profit": {
      "value": 128528,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "profit_before_tax": {
      "value": 123627,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "net_profit": {
      "value": 101832,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "total_assets": {
      "value": 619003,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "total_liabilities": {
      "value": 275524,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "shareholders_funds": {
      "value": 343479,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "cash_and_cash_equivalents": {
      "value": 30242,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_assets": {
      "value": 191131,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_liabilities": {
      "value": 141218,
      "source": {
        "name": "Microsoft annual report · Balance sheets",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_cash_flow": {
      "value": 136162,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "investing_cash_flow": {
      "value": -72599,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "financing_cash_flow": {
      "value": -51699,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "capital_expenditure": {
      "value": 64551,
      "source": {
        "name": "Microsoft annual report · Income and cash flow statements",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "operating_margin": {
      "value": 45.62,
      "source": {
        "name": "Calculated: operating profit / revenue × 100",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "current_ratio": {
      "value": 1.35,
      "source": {
        "name": "Calculated: current assets / current liabilities",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    },
    "free_cash_flow": {
      "value": 71611,
      "source": {
        "name": "Calculated: operating cash flow less cash additions to property and equipment",
        "url": "https://www.microsoft.com/investor/reports/ar25/index.html"
      }
    }
  }
}

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