VeripointCompany Financial Report
Reporting years 2021–2025
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
How did Microsoft’s financial performance, balance sheet and cash generation change from FY2021 to FY2025?
Microsoft Corporation
US
Demonstration report
Five-year financials
2021–2025
Income statement
Revenue, costs and profit across the available reporting periods.
| Financial indicator | 2021-06-3012 months | 2022-06-3012 months | 2023-06-3012 months | 2024-06-3012 months | 2025-06-3012 months |
|---|---|---|---|---|---|
| 168,088168,088 | 198,270198,270 | 211,915211,915 | 245,122245,122 | 281,724281,724 | |
| 115,856115,856 | 135,620135,620 | 146,052146,052 | 171,008171,008 | 193,893193,893 | |
| 69,91669,916 | 83,38383,383 | 88,52388,523 | 109,433109,433 | 128,528128,528 | |
| 71,10271,102 | 83,71683,716 | 89,31189,311 | 107,787107,787 | 123,627123,627 | |
| 61,27161,271 | 72,73872,738 | 72,36172,361 | 88,13688,136 | 101,832101,832 |
Balance sheet
Assets, liabilities, equity and liquidity at each reported period end.
| Financial indicator | 2021-06-3012 months | 2022-06-3012 months | 2023-06-3012 months | 2024-06-3012 months | 2025-06-3012 months |
|---|---|---|---|---|---|
| 333,779333,779 | 364,840364,840 | 411,976411,976 | 512,163512,163 | 619,003619,003 | |
| 191,791191,791 | 198,298198,298 | 205,753205,753 | 243,686243,686 | 275,524275,524 | |
| 141,988141,988 | 166,542166,542 | 206,223206,223 | 268,477268,477 | 343,479343,479 | |
| 14,22414,224 | 13,93113,931 | 34,70434,704 | 18,31518,315 | 30,24230,242 | |
| 184,406184,406 | 169,684169,684 | 184,257184,257 | 159,734159,734 | 191,131191,131 | |
| 88,65788,657 | 95,08295,082 | 104,149104,149 | 125,286125,286 | 141,218141,218 |
Cash flow
Cash generated and used across operating, investing and financing activities.
| Financial indicator | 2021-06-3012 months | 2022-06-3012 months | 2023-06-3012 months | 2024-06-3012 months | 2025-06-3012 months |
|---|---|---|---|---|---|
| 76,74076,740 | 89,03589,035 | 87,58287,582 | 118,548118,548 | 136,162136,162 | |
| -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 | |
| 20,62220,622 | 23,88623,886 | 28,10728,107 | 44,47744,477 | 64,55164,551 | |
| 56,11856,118 | 65,14965,149 | 59,47559,475 | 74,07174,071 | 71,61171,611 |
Indicators
Margins, returns and liquidity ratios reported or derived for each period.
| Financial indicator | 2021-06-3012 months | 2022-06-3012 months | 2023-06-3012 months | 2024-06-3012 months | 2025-06-3012 months |
|---|---|---|---|---|---|
| % | 41.5941.59 | 42.0642.06 | 41.7741.77 | 44.6444.64 | 45.6245.62 |
| × | 2.082.08 | 1.781.78 | 1.771.77 | 1.271.27 | 1.351.35 |
Reporting basis
Currency, units, accounting scope and period details used to interpret the figures.
| Reporting detail | 2021-06-3012 months | 2022-06-3012 months | 2023-06-3012 months | 2024-06-3012 months | 2025-06-3012 months |
|---|---|---|---|---|---|
| currency | USDUSD | USDUSD | USDUSD | USDUSD | USDUSD |
| units | millionsmillions | millionsmillions | millionsmillions | millionsmillions | millionsmillions |
| consolidated | truetrue | truetrue | truetrue | truetrue | truetrue |
| reporting period | 1212 | 1212 | 1212 | 1212 | 1212 |
Performance over time
The selected measure and three related measures update together.
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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