Scribd
Upload
27 views4 pages

Microsoft 2023 Adjusted EPS Report

The document presents financial results for the year ended June 30, 2023, showing an increase in adjusted diluted earnings per share to 9.81 from 9.21 in 2022. Total revenue rose to 211,915 million, compared to 198,270 million in the previous year, while net income slightly decreased to 72,361 million from 72,738 million. Overall, the financial performance indicates growth in revenue and adjusted earnings metrics.

Uploaded by

suhanikatiyar4
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
27 views4 pages

Microsoft 2023 Adjusted EPS Report

The document presents financial results for the year ended June 30, 2023, showing an increase in adjusted diluted earnings per share to 9.81 from 9.21 in 2022. Total revenue rose to 211,915 million, compared to 198,270 million in the previous year, while net income slightly decreased to 72,361 million from 72,738 million. Overall, the financial performance indicates growth in revenue and adjusted earnings metrics.

Uploaded by

suhanikatiyar4
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

SUMMARY RESULTS (In millions)

Sum of 2023 Sum of 2022

Adjusted diluted earnings per share (non-GAAP) 9.81 9.21

Adjusted gross margin (non-GAAP) 146204 135620

Adjusted net income (non-GAAP) 73307 69447

Adjusted operating income (non-GAAP) 89694 83383

Diluted earnings per share 9.68 9.65

Gross margin 146052 135620

Net income 72361 72738

Operating income 88523 83383

Revenue 211915 198270

Grand Total 828075.49 778479.86


250000

200000

150000

100000 Sum of 2023


Sum of 2022

50000

0
Adjusted Adjusted Adjusted net Adjusted Diluted Gross margin Net income Operating Revenue
diluted gross margin income (non- operating earnings per income
earnings per (non-GAAP) GAAP) income (non- share
share (non- GAAP)
GAAP)
INCOME STATEMENTS (In millions, except per share amounts)
Year Ended June 30, 2023 2022 2021
Revenue:
Product $ 64,699 $ 72,732 $ 71,074
Service and other 1,47,216 1,25,538 97,014
Total revenue 2,11,915 1,98,270 1,68,088
Cost of revenue:
Product 17,804 19,064 18,219
Service and other 48,059 43,586 34,013
Total cost of revenue 65,863 62,650 52,232
Gross margin 1,46,052 1,35,620 1,15,856
Research and development 27,195 24,512 20,716
Sales and marketing 22,759 21,825 20,117
General and administrative 7,575 5,900 5,107
Operating income 88,523 83,383 69,916
Other income, net 788 333 1,186
Income before income taxes 89,311 83,716 71,102
Provision for income taxes 16,950 10,978 9,831
Net income $ 72,361 $ 72,738 $ 61,271
Earnings per share:
Basic $ 9.72 $ 9.70 $ 8.12
Diluted $ 9.68 $ 9.65 $ 8.05
Weighted average shares outstanding:
Basic 7,446 7,496 7,547
Diluted 7,472 7,540 7,608
Income Statements
250000

200000

150000

100000

50000

You might also like