10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MICROSOFT CORP | |||
Ticker: MSFT Fiscal Year: 2020 | |||
INCOME STATEMENTS | |||
Period Ending June 30, 2020 10-K (Filed: July 31, 2020) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2020 | June 30, 2019 | June 30, 2018 | |
| Revenue | $ 143,015 | 125,843 | 110,360 |
| Cost of revenue | 46,078 | 42,910 | 38,353 |
| Gross margin | 96,937 | 82,933 | 72,007 |
| Research and development | 19,269 | 16,876 | 14,726 |
| Sales and marketing | 19,598 | 18,213 | 17,469 |
| General and administrative | 5,111 | 4,885 | 4,754 |
| Operating income | 52,959 | 42,959 | 35,058 |
| Other income, net | 77 | 729 | 1,416 |
| Income before income taxes | 53,036 | 43,688 | 36,474 |
| Provision for income taxes | 8,755 | 4,448 | 19,903 |
| Net income | 44,281 | 39,240 [1] | 16,571 |
| Earnings per share: | |||
| Basic | 5.82 | 5.11 | 2.15 |
| Diluted | 5.76 | 5.06 | 2.13 |
| Weighted average shares outstanding: | |||
| Basic | 7,610 | 7,673 | 7,700 |
| Diluted | 7,683 | 7,753 | 7,794 |
| Product and Service | |||
| Product | |||
| Revenue | 68,041 | 66,069 | 64,497 |
| Cost of revenue | 16,017 | 16,273 | 15,420 |
| Service and Other | |||
| Revenue | 74,974 | 59,774 | 45,863 |
| Cost of revenue | 30,061 | 26,637 | 22,933 |
| [1] Reflects the $157 million net charge related to the enactment of the TCJA for the second quarter and the $2.6 billion net income tax benefit related to the intangible property transfers for the fourth quarter, which together increased net income by $2.4 billion for fiscal year 2019. See Note 12 Income Taxes for further information. | |||
| External Links | |
| MICROSOFT CORP (MSFT) Fiscal Year 2020 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |