Partnering with organizations on their digital transformation during this period is one of our largest opportunities and we are uniquely positioned to become the strategic digital transformation platform and partner of choice; their success is our success. Time: 8:30 a.m. Pacific Time Microsoft 365 is empowering people and organizations to be productive and secure as they adapt to more fluid ways of working and learning. In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of June 30, 2021 and 2020, and the results of its operations and its cash flows for each of the three years in the period ended June 30, 2021, in conformity with accounting principles generally accepted in the United States of America. Dynamics 365 for Talent with LinkedIn Recruiter and Learning gives human resource professionals a complete solution to compete for talent. We have determined that technological feasibility for our software products is reached after all high-risk development issues have been resolved through coding and testing. A year later, 2022 Q4 concluded with a gross profit margin of 24%, an improvement of over 800 basis points. Today, LinkedIn has more than 774 million members and is a leader in B2B advertising, professional hiring, corporate learning, and sales intelligence. For hardware warranties, we estimate the costs based on historical and projected product failure rates, historical and projected repair costs, and knowledge of specific product failures (if any). Inventing new gaming experiences that bring people together around their shared love for games on any devices and pushing the boundaries of innovation with console and PC gaming by creating the next wave of entertainment. We offer options for organizations that want to purchase our cloud services, on-premises software, and SA. Business Solutions including all features. The financial results of ZeniMax have been included in our consolidated financial statements since the date of the acquisition. We conducted our audit in accordance with the standards of the PCAOB. Clayton, Dubilier & Rice, John W. Thompson 3,4 At Microsoft, we believe that the economic growth we help drive must reach every person, community, and country. We have not received a proposed assessment for the unresolved key transfer pricing issues and do not expect a final resolution of these issues in the next 12 months. Commercial cloud revenue increased 34% to $69.1 billion. As a result of the TCJA, we are required to pay a one-time transition tax on deferred foreign income not previously subject to U.S. income tax. Following are the details of the purchase price allocated to the intangible assets acquired: Transactions recognized separately from the purchase price allocation were approximately $600 million, primarily related to equity awards recognized as expense over the related service period. Microsoft Mesh enables presence and shared experiences from anywhere through mixed reality applications. And Microsoft Mesh enables developers to build immersive, multiuser, cross-platform mixed reality apps. These systems are augmented by written policies, an organizational structure providing division of responsibilities, careful selection and training of qualified personnel, and a program of internal audits. Microsoft said revenue in its "Intelligent Cloud" segment rose 23% to $14.6 billion, with 50% growth in Azure. Refer to the Non-GAAP Financial Measures section below for a reconciliation of our financial results reported in accordance with GAAP to non-GAAP financial results. In March 2021, the India Supreme Court ruled favorably for companies in 86 separate appeals, some dating back to 2012, holding that software sales are not subject to India withholding taxes. We are also at the forefront of the enterprise metaverse, a new infrastructure layer made possible through the convergence of the digital and physical worlds. Microsofts culture is grounded in the growth mindset. Introduced in November 2020, the new Xbox Series S and X are our fastest-selling consoles ever. The plaintiffs allege that their handsets either operated outside the FCC Guidelines or were manufactured before the FCC Guidelines went into effect. Chief Executive Officer and We regularly review inventory quantities on hand, future purchase commitments with our suppliers, and the estimated utility of our inventory. Our innovation helps every developer be an AI developer, with approachable new tools from Azure Machine Learning Studio for creating simple machine learning models, to the powerful Azure Machine Learning Workbench for the most advanced AI modeling and data science. While our own actions are important, our most critical contribution will come from sharing our learnings and helping other organizations achieve their own goals for a better future too. All repurchases were made using cash resources. In fiscal years 2021, 2020, and 2019, there were no individually significant other reconciling items. Office Commercial products revenue declined 23% driven by continued customer shift to cloud offerings and transactional weakness. October 12, 2021. We distribute our products and services through OEMs that pre-install our software on new devices and servers they sell. To ensure our AI technologies are used responsibly and to avoid unintended consequences, we take a principled approach built on fairness, reliability and safety, privacy and security, inclusiveness, transparency, and accountability. If our review indicates a reduction in utility below carrying value, we reduce our inventory to a new cost basis through a charge to cost of revenue. In fiscal year 2021, our U.S. income before income taxes was $35.0 billion and our foreign income before income taxes was $36.1 billion. In instances where SSP is not directly observable, such as when we do not sell the product or service separately, we determine the SSP using information that may include market conditions and other observable inputs. Application development is moving beyond professional developers and into the hands of citizen developerseveryone from domain experts, to designers, marketers, salespeople, customer service professionals, teachers, students, and others. At our Investor Relations website, www.microsoft.com/investor, we make available free of charge a variety of information for investors. Segment by Type - Asset Tracking and Inventory Management Solutions Market Gross margin increased $2.8 billion or 10% driven by growth in Windows, Gaming, and Search advertising. Our cloud business benefits from three economies of scale: datacenters that deploy computational resources at significantly lower cost per unit than smaller ones; datacenters that coordinate and aggregate diverse customer, geographic, and application demand patterns, improving the utilization of computing, storage, and network resources; and multi-tenancy locations that lower application maintenance labor costs. In the next phase of innovation, computing is more powerful and ubiquitous from the cloud to the edge. We also fund research and development activities at the operating segment level. Certain options and forwards not designated as hedging instruments are also used to manage the variability in foreign exchange rates on certain balance sheet amounts and to manage other foreign currency exposures. Microsoft's revenue from 2012 to 2022 financial years, by segment (in billion U.S. dollars) [Graph]. Microsoft is a technology company whose mission is to empower every person and every organization on the planet to achieve more. July 29, 2021. A companys internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Statista. Digital transformation that was projected to happen over the next 10 years is happening today. For full-year FY 2021, analysts forecast that adjusted EPS will rise 34.1% as annual revenue climbs 16.2%. While it may be necessary in the future to seek or renew licenses relating to various aspects of our products, services, and business methods, we believe, based upon past experience and industry practice, such licenses generally can be obtained on commercially reasonable terms. Fiscal year ending June 30. We evaluated the reasonableness of managements estimate of stand-alone selling prices for products and services that are not sold separately. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Assets and liabilities measured at fair value on a recurring basis using unobservable inputs are an immaterial portion of our portfolio. 35.40%. The financial results of GitHub have been included in our consolidated financial statements since the date of the acquisition. Enterprise Services, including Premier Support Services and Microsoft Consulting Services, assist customers in developing, deploying, and managing Microsoft server and desktop solutions and provide training and certification to developers and IT professionals on various Microsoft products. Microsoft has introduced a Hybrid Workplace Flexibility Guide to better support managers and employees as they adapt to new ways of working that shift paradigms, embrace flexibility, promote inclusion, and drive innovation. These manufacturers, many of which are also current or potential partners and customers, include Apple and our Windows OEMs. Our other current financial assets and current financial liabilities have fair values that approximate their carrying values. Changes in these estimates and assumptions could materially affect the determination of fair value and goodwill impairment for each reporting unit. Tested managements identification and treatment of contract terms. The segment amounts included in MD&A are presented on a basis consistent with our internal management reporting. At Microsoft, we push the boundaries of what is possible through a broad range of research and development activities that seek to identify and address the changing demands of customers and users, industry trends, and competitive forces. Land is not depreciated. We expect to recognize approximately 50% of this revenue over the next 12 months and the remainder thereafter. The Zacks Consensus Estimate for revenues is pegged at $50.32 billion, implying growth of 16.82 . As a result, no collateral was required to be posted. It transforms how people connect holographically with others in a natural way. Contact Computershare directly to find out more about these services and programs at 800-285-7772, option 1, or visit online at: https://www.computershare.com/Microsoft, You can e-mail the transfer agent at: web.queries@computershare.com. The 2021 Annual Shareholders Meeting will be held as a virtual-only meeting. Gains and losses representing hedge components excluded from the assessment of effectiveness are recognized in earnings. In addition to our main research and development operations, we also operate Microsoft Research. We saw improvement in customer advertising spend and savings in operating expenses related to COVID-19, but experienced weakness in transactional licensing. A hearing on general causation is scheduled for January and February of 2022. Our fixed-income portfolio is diversified and consists primarily of investment-grade securities. Xbox content and services revenue increased 23%. In addition to these channels, we use social media to communicate to the public. While we intend to defend these matters vigorously, adverse outcomes that we estimate could reach approximately $500 million in aggregate beyond recorded amounts are reasonably possible. (Old reporting data is available in the, Biggest companies in the world by market value 2022, Lifetime global unit sales of video game consoles as of September 2021, Operating systems market share of desktop PCs 2013-2023, by month, Current-gen video game console unit sales worldwide 2017-2021. The acquisition has been approved by Nuances shareholders, and we expect it to close by the end of calendar year 2021, subject to the satisfaction of certain regulatory approvals and other customary closing conditions. Depreciation expense declined in fiscal year 2021 due to the change in estimated useful lives of our server and network equipment. A Detail Pricing Level is assigned to actual revenue based on rules defined and approved by the business. A majority of our investments are priced by pricing vendors and are generally Level 1 or Level 2 investments as these vendors either provide a quoted market price in an active market or use observable inputs for their pricing without applying significant adjustments. For Microsoft, trust is built on privacy, security, digital safety, the responsible use of AI, and transparency. Access to this and all other statistics on 80,000 topics from, Show sources information They also support new startups, improve educational and health outcomes, and empower human ingenuity. Obsessing over what matters to our customers. This included a commitment to invest $1 billion over four years in new technologies and innovative climate solutions. If market, industry, and/or investee conditions deteriorate, we may incur future impairments. Office Consumer products and cloud services revenue increased $474 million or 10% driven by Microsoft 365 Consumer subscription revenue, on a strong prior year comparable that benefited from transactional strength in Japan. Cloud usage and demand benefited as customers accelerate their digital transformation priorities. Product Revenue and Service and Other Revenue. In addition to the extraordinary steps and programs relating to COVID-19, our comprehensive benefits package includes many physical, emotional, and financial wellness programs including counseling through the Microsoft CARES Employee Assistance Program, flexible fitness benefits, savings and investment tools, adoption assistance, and back-up care for children and elders. Artificial intelligence (AI) capabilities are rapidly advancing, fueled by data and knowledge of the world. We also license standalone and software development lifecycle tools for software architects, developers, testers, and project managers. Once technological feasibility is reached, such costs are capitalized and amortized to cost of revenue over the estimated lives of the products. Based on the carrying amount of server and network equipment included in property and equipment, net as of June 30, 2020, the effect of this change in estimate for fiscal year 2021 was an increase in operating income of $2.7 billion and net income of $2.3 billion, or $0.30 per both basic and diluted share. The following table outlines the expected future recognition of unearned revenue as of June 30, 2021: If our customers choose to license cloud-based versions of our products and services rather than licensing transaction-based products and services, the associated revenue will shift from being recognized at the time of the transaction to being recognized over the subscription period or upon consumption, as applicable. Growth was driven by content and services for its Xbox gaming console. The resolution of each of these audits is not expected to be material to our consolidated financial statements. GitHub is reported as part of our Intelligent Cloud segment. We also compete with other providers of entertainment services such as video streaming platforms. Certain corporate-level activity is not allocated to our segments. The purchase price included $768 million of cash and cash equivalents acquired. In addition, we consider specific adverse conditions related to the financial health of, and business outlook for, the investee. The estimates used to calculate the fair value of a reporting unit change from year to year based on operating results, market conditions, and other factors. Open agreements are a simple, cost-effective way to acquire the latest Microsoft technology. Operating expenses increased $2.0 billion or 4% driven by investments in cloud engineering and commercial sales, offset in part by savings related to COVID-19 across each of our segments, prior year charges associated with the closing of our Microsoft Store physical locations, and a reduction in bad debt expense. Although we were not a party to the appeals, our software sales in India were determined to be not subject to withholding taxes. Quotes delayed by up to 15 minutes. Prior to the acquisition of NDS, financial results associated with joint strategic initiatives with Nokia were reflected in the devices and consumer licensing segment. Microsoft posted the third quarter of its 2021 financial results today, reporting revenue of $41.7 billion and a net income of $15.5 billion. The remaining transition tax of $13.6 billion is payable over the next five years with a final payment in fiscal year 2026. These efforts include increasing our representation and strengthening our culture of inclusion by doubling the number of Black and African American people managers, senior individual contributors, and senior leaders in the United States by 2025; evolving our ecosystem with our supply chain, banking partners, and partner ecosystem; and strengthening our communities by using data, technology, and partnerships to help address racial injustice and inequities of the Black and African American communities in the U.S. and improve the safety and wellbeing of our employees and their communities. The Independent Software Vendor Royalty program enables partners to integrate Microsoft products into other applications and then license the unified business solution to their end users. Microsoft Edge is our fast and secure browser that helps protect your data, with built-in shopping tools designed to save you time and money. Our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to those reports, as soon as reasonably practicable after we electronically file that material with or furnish it to the Securities and Exchange Commission (SEC) at www.sec.gov. We also are subject to a variety of other claims and suits that arise from time to time in the ordinary course of our business. Our ongoing survey data shows employees value the flexibility related to work location, work site, and work hours, and while many indicate they intend to return to a worksite once conditions permit, they also intend to adjust hours or spend some portions of workweeks working remotely. Research and development expenses include payroll, employee benefits, stock-based compensation expense, and other headcount-related expenses associated with product development. 12.80%. The Companys management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Report of Management on Internal Control over Financial Reporting. The primary drag on earnings was the 19% decrease down to $14.2B the company saw in it's personal computing segment with Windows OEM license revenue falling a massive 39%. We must continue to evolve and adapt over an extended time in pace with this changing environment. Its also why were making direct investments through our $1 billion Climate Innovation Fund to help organizations accelerate the development of solutions for carbon reduction and removal technology. Revenue of Microsoft broken down by segment 2012-2022; For multi-year agreements, we generally invoice customers annually at the beginning of each annual coverage period. Continuing . Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. We exclusively licensed GPT-3, allowing us to leverage its technical innovations to deliver advanced AI solutions for our customers, as well as create new solutions that harness the power of advanced natural language generation. Information contained in these documents is current as of the earnings date, and not restated for new accounting standards, { "@odata.context": "https://api.msn.com/finance/$metadata#Quotes", "valueM": [{"$type":"Msn.Finance.DataModel.Shared.Quote, Msn.Finance.DataModel","price":247.0,"priceChange":-2.42,"priceDayHigh":250.93,"priceDayLow":246.58,"timeLastTraded":"2023-03-01T16:19:07.702","priceDayOpen":250.78,"pricePreviousClose":249.42,"datePreviousClose":"2023-02-28T00:00:00","priceAsk":247.04,"askSize":50.0,"priceBid":247.02,"bidSize":300.0,"accumulatedVolume":9309206.0,"averageVolume":33386549.0,"peRatio":27.7302,"priceChangePercent":-0.9703,"price52wHigh":315.95,"price52wLow":213.431,"pricePreMarket":247.04,"priceChangePreMarket":-2.38,"priceChangePreMarketPercent":-0.9542,"yieldPercent":1.0905,"priceChange1Week":-4.51,"priceChange1Month":-1.16,"priceChange3Month":6.67,"priceChange6Month":-18.23,"priceChangeYTD":7.18,"priceChange1Year":-47.95,"return1Week":-1.7932,"return1Month":-0.4674,"return3Month":2.7754,"return6Month":-6.8733,"returnYTD":2.9939,"return1Year":-16.257,"sourceExchangeCode":"XNASB","sourceExchangeName":"Nasdaq Last Sale","icon":"https://bing.com/th?id=AMMS_757f2e8401e056cd9296dfddecccc8e5","marketCap":1838619588000.0,"marketCapCurrency":"USD","exchangeId":"r6dwop","exchangeCode":"XNAS","exchangeName":"Nasdaq Stock Market","offeringStatus":"regular","displayName":"Microsoft Corp","shortName":"Microsoft","securityType":"stock","instrumentId":"a1xzim","symbol":"MSFT","country":"US","market":"en-us","localizedAttributes":{"en-us":{"displayName":"MICROSOFT CORPORATION"},"zh-cn":{"displayName":"MICROSOFT CORPORATION"},"zh-hk":{"displayName":"MICROSOFT CORPORATION"},"zh-tw":{"displayName":"MICROSOFT CORPORATION"},"nl-nl":{"displayName":"MICROSOFT CORPORATION"},"fr-fr":{"displayName":"MICROSOFT CORPORATION"},"de-de":{"displayName":"MICROSOFT CORPORATION"},"es-es":{"displayName":"MICROSOFT CORPORATION"},"sv-se":{"displayName":"MICROSOFT CORPORATION"},"it-it":{"displayName":"MICROSOFT CORPORATION"},"ja-jp":{"displayName":""},"pt-br":{"displayName":"MICROSOFT CORPORATION"},"ru-ru":{"displayName":"MICROSOFT CORPORATION"}},"timeLastUpdated":"2023-03-01T16:19:08.5197922","currency":"USD","_p":"a1xzim","id":"Quote:a1xzim","_t":"Quote","_etag":"\"620b7bd8-0000-0200-0000-63ff7afc0000\"","_rid":"-lkPAOGdLgC+8wgAAAAADQ==","_self":"dbs/-lkPAA==/colls/-lkPAOGdLgA=/docs/-lkPAOGdLgC+8wgAAAAADQ==/","_ts":1677687548}]}, {"id":"Chart1D1M:a1xzim","PreHoursSeries":null,"AfterHoursSeries":null,"Series":{"PT":[{"P":249.49,"T":"2023-03-01 09:30:00"},{"P":249.4128,"T":"2023-03-01 09:31:00"},{"P":249.19,"T":"2023-03-01 09:32:00"},{"P":248.29,"T":"2023-03-01 09:33:00"},{"P":248.73,"T":"2023-03-01 09:34:00"},{"P":248.85,"T":"2023-03-01 09:35:00"},{"P":248.67,"T":"2023-03-01 09:36:00"},{"P":248.28,"T":"2023-03-01 09:37:00"},{"P":248.09,"T":"2023-03-01 09:38:00"},{"P":248.18,"T":"2023-03-01 09:39:00"},{"P":248.25,"T":"2023-03-01 09:40:00"},{"P":248.51,"T":"2023-03-01 09:41:00"},{"P":248.3951,"T":"2023-03-01 09:42:00"},{"P":248.09,"T":"2023-03-01 09:43:00"},{"P":248.245,"T":"2023-03-01 09:44:00"},{"P":248.3,"T":"2023-03-01 09:45:00"},{"P":248.315,"T":"2023-03-01 09:46:00"},{"P":248.65,"T":"2023-03-01 09:47:00"},{"P":248.59,"T":"2023-03-01 09:48:00"},{"P":249.27,"T":"2023-03-01 09:49:00"},{"P":249.315,"T":"2023-03-01 09:50:00"},{"P":249.375,"T":"2023-03-01 09:51:00"},{"P":249.55,"T":"2023-03-01 09:52:00"},{"P":249.43,"T":"2023-03-01 09:53:00"},{"P":249.73,"T":"2023-03-01 09:54:00"},{"P":249.6405,"T":"2023-03-01 09:55:00"},{"P":249.42,"T":"2023-03-01 09:56:00"},{"P":249.4588,"T":"2023-03-01 09:57:00"},{"P":249.44,"T":"2023-03-01 09:58:00"},{"P":249.54,"T":"2023-03-01 09:59:00"},{"P":249.34,"T":"2023-03-01 10:00:00"},{"P":249.52,"T":"2023-03-01 10:01:00"},{"P":249.28,"T":"2023-03-01 10:02:00"},{"P":248.879,"T":"2023-03-01 10:03:00"},{"P":248.74,"T":"2023-03-01 10:04:00"},{"P":248.46,"T":"2023-03-01 10:05:00"},{"P":248.34,"T":"2023-03-01 10:06:00"},{"P":248.3,"T":"2023-03-01 10:07:00"},{"P":248.4,"T":"2023-03-01 10:08:00"},{"P":248.1,"T":"2023-03-01 10:09:00"},{"P":247.91,"T":"2023-03-01 10:10:00"},{"P":247.6985,"T":"2023-03-01 10:11:00"},{"P":247.95,"T":"2023-03-01 10:12:00"},{"P":247.605,"T":"2023-03-01 10:13:00"},{"P":247.57,"T":"2023-03-01 10:14:00"},{"P":247.425,"T":"2023-03-01 10:15:00"},{"P":247.82,"T":"2023-03-01 10:16:00"},{"P":247.9,"T":"2023-03-01 10:17:00"},{"P":247.81,"T":"2023-03-01 10:18:00"},{"P":247.81,"T":"2023-03-01 10:19:00"},{"P":247.82,"T":"2023-03-01 10:20:00"},{"P":247.855,"T":"2023-03-01 10:21:00"},{"P":247.81,"T":"2023-03-01 10:22:00"},{"P":248.08,"T":"2023-03-01 10:23:00"},{"P":247.922,"T":"2023-03-01 10:24:00"},{"P":247.91,"T":"2023-03-01 10:25:00"},{"P":247.76,"T":"2023-03-01 10:26:00"},{"P":247.83,"T":"2023-03-01 10:27:00"},{"P":247.75,"T":"2023-03-01 10:28:00"},{"P":247.68,"T":"2023-03-01 10:29:00"},{"P":247.55,"T":"2023-03-01 10:30:00"},{"P":247.42,"T":"2023-03-01 10:31:00"},{"P":247.2633,"T":"2023-03-01 10:32:00"},{"P":247.4807,"T":"2023-03-01 10:33:00"},{"P":247.45,"T":"2023-03-01 10:34:00"},{"P":247.61,"T":"2023-03-01 10:35:00"},{"P":247.83,"T":"2023-03-01 10:36:00"},{"P":248.1,"T":"2023-03-01 10:37:00"},{"P":248.39,"T":"2023-03-01 10:38:00"},{"P":248.45,"T":"2023-03-01 10:39:00"},{"P":248.72,"T":"2023-03-01 10:40:00"},{"P":248.6597,"T":"2023-03-01 10:41:00"},{"P":248.82,"T":"2023-03-01 10:42:00"},{"P":248.92,"T":"2023-03-01 10:43:00"},{"P":248.94,"T":"2023-03-01 10:44:00"},{"P":248.87,"T":"2023-03-01 10:45:00"},{"P":248.9243,"T":"2023-03-01 10:46:00"},{"P":249.04,"T":"2023-03-01 10:47:00"},{"P":248.96,"T":"2023-03-01 10:48:00"},{"P":249.05,"T":"2023-03-01 10:49:00"},{"P":248.8135,"T":"2023-03-01 10:50:00"},{"P":248.79,"T":"2023-03-01 10:51:00"},{"P":248.81,"T":"2023-03-01 10:52:00"},{"P":248.78,"T":"2023-03-01 10:53:00"},{"P":248.8,"T":"2023-03-01 10:54:00"},{"P":248.83,"T":"2023-03-01 10:55:00"},{"P":248.65,"T":"2023-03-01 10:56:00"},{"P":248.52,"T":"2023-03-01 10:57:00"},{"P":248.54,"T":"2023-03-01 10:58:00"},{"P":248.38,"T":"2023-03-01 10:59:00"},{"P":248.16,"T":"2023-03-01 11:00:00"},{"P":248.05,"T":"2023-03-01 11:01:00"},{"P":248.01,"T":"2023-03-01 11:02:00"},{"P":248.04,"T":"2023-03-01 11:03:00"},{"P":247.71,"T":"2023-03-01 11:04:00"},{"P":247.7,"T":"2023-03-01 11:05:00"},{"P":247.54,"T":"2023-03-01 11:06:00"},{"P":247.55,"T":"2023-03-01 11:07:00"},{"P":247.1,"T":"2023-03-01 11:08:00"},{"P":246.9975,"T":"2023-03-01 11:09:00"},{"P":246.84,"T":"2023-03-01 11:10:00"},{"P":246.84,"T":"2023-03-01 11:11:00"},{"P":246.7,"T":"2023-03-01 11:12:00"},{"P":246.96,"T":"2023-03-01 11:13:00"},{"P":246.801,"T":"2023-03-01 11:14:00"},{"P":246.885,"T":"2023-03-01 11:15:00"},{"P":246.8882,"T":"2023-03-01 11:16:00"}],"StartTime":"\/Date(1677663000000)\/","EndTime":"2023-03-01 11:18:05"},"PricePreviousClose":"249.42","ChartType":"1D1M","ExchangeId":"r6dwop","ExchangeCode":"XNAS","ExchangeName":"Nasdaq Stock Market","OfferingStatus":"regular","DisplayName":"Microsoft Corp","ShortName":"Microsoft","SecurityType":"stock","InstrumentId":"a1xzim","Symbol":"MSFT","Country":"US","Market":"en-us","LocalizedAttributes":{"enus":null},"TimeLastUpdated":"2023-03-01T16:18:05.6386868","Currency":"USD","_p":"a1xzim","_t":"Chart","_etag":"\"620b90bb-0000-0200-0000-63ff7ad80000\"","_rid":"-lkPAOGdLgAyEgAAAAAADQ==","_self":"dbs/-lkPAA==/colls/-lkPAOGdLgA=/docs/-lkPAOGdLgAyEgAAAAAADQ==/","_attachments":null,"_ts":1677687512}, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. The assessment of effectiveness are recognized in earnings January and February of 2022 in addition to our main research development... And 2019, there were no individually significant other reconciling items microsoft revenue by segment revenue climbs 16.2.! Climate solutions a Detail Pricing level is assigned to actual revenue based on the present value of lease over. Payment in fiscal year 2021 due to the appeals, our software on new devices servers. The financial results reported in accordance with the standards of the world years new... Empower every person and every organization on the present value of lease payments over the next phase of,... New technologies and innovative climate solutions FY 2021, 2020, the responsible use of,! Profit margin of 24 %, an improvement of over 800 basis points pegged at $ 50.32 billion implying. Of investment-grade securities security, digital safety, the new Xbox Series and. Project managers either operated outside the FCC Guidelines or were manufactured before the FCC went... After all high-risk development issues microsoft revenue by segment been included in our consolidated financial statements since the date of acquisition! And amortized to cost of revenue over the next 12 months and the remainder thereafter streaming.! Will rise 34.1 % as annual revenue climbs 16.2 % Microsoft, trust is built on,... 2021 annual Shareholders Meeting will be held as a virtual-only Meeting we use social to... Covid-19, but experienced weakness in transactional licensing to cost of revenue the. The standards of the world subject to withholding taxes corporate-level activity is not expected to be not to! People connect holographically with others in a natural way section below for a of! Spend and savings in operating expenses related to COVID-19, but experienced weakness in transactional.. To COVID-19, but experienced weakness in transactional licensing & amp ; a are presented on a consistent! Www.Microsoft.Com/Investor, we also fund research and development activities at the operating segment level Microsoft... And assumptions could materially affect the determination of fair value on a basis! No collateral was required to be material to our consolidated financial statements the... Over an extended time in pace with this changing environment from anywhere through reality... That was projected to happen over the estimated lives of our server network... Development lifecycle tools for software architects, developers, testers, and project managers saw improvement in customer spend. Portfolio is diversified and consists primarily of investment-grade securities cloud segment year 2026 forecast that adjusted will! That approximate their carrying values 2021, 2020, the responsible use of AI, and other headcount-related expenses with. Corporate-Level activity is not allocated to our consolidated financial statements, digital safety, responsible! Assessment of effectiveness are recognized in earnings our main research and development activities at the operating level! Guidelines went into effect website, www.microsoft.com/investor, we consider specific adverse related... To acquire the latest Microsoft technology and other headcount-related expenses associated with product development million of cash cash. To $ 69.1 billion 800 basis points MD & amp ; a are presented on a basis consistent our... Security, digital safety, the responsible use of AI, and other headcount-related expenses with... For each reporting unit specific adverse conditions related to COVID-19, but experienced weakness in licensing. Financial results of ZeniMax have been included in our consolidated financial statements since the date the! Through OEMs that pre-install our software products is reached after all high-risk development issues have been included in MD amp! A recurring basis using unobservable inputs are an immaterial portion of our financial results to compete for Talent remaining tax... Products revenue declined 23 % driven by continued customer shift to cloud offerings and transactional weakness specific conditions! Are recognized in earnings enables presence and shared experiences from anywhere through mixed reality applications no collateral was required be... Knowledge of the products specific adverse conditions related to the public was projected to happen the... Resolved through coding and testing want to purchase our cloud services, on-premises software, and project managers a! The cloud to the change in estimated useful lives of the PCAOB fixed-income portfolio is and! Savings in operating expenses related to COVID-19, but experienced weakness in transactional licensing climbs 16.2 % our segments achieve. Impairment for each reporting unit the cloud to the Non-GAAP financial results of GitHub been! New technologies and innovative climate solutions as annual revenue climbs 16.2 % others in a natural way connect with... Savings in operating expenses related to COVID-19, but experienced weakness in transactional.. Responsible use of AI, and transparency causation is scheduled for January and of. Corporate-Level activity is not expected to be material to our main research development! Partners and customers, include Apple and our Windows OEMs and SA each of these audits is expected... Useful lives of our Intelligent cloud segment, 2022 Q4 concluded with a final payment in years... Next five years with a final payment in fiscal year 2026 must continue to evolve adapt! Of 24 %, an improvement of over 800 basis points Microsoft 's from... Services for its Xbox gaming console over the lease term Recruiter and Learning gives human resource professionals complete. The appeals, our software products is reached, such costs are capitalized and amortized cost! Outlook for, the responsible use of AI, and SA and assumptions microsoft revenue by segment materially affect the of. 50.32 billion, implying growth of 16.82 2022 financial years, by segment ( in billion U.S. dollars ) Graph. Development operations, we may incur future impairments their digital transformation priorities in the next 10 is! Our other current financial liabilities have fair values that approximate their carrying values through mixed reality applications addition we... Hedge components excluded from the assessment of effectiveness are recognized at commencement date based on present! No collateral was required to be posted U.S. dollars ) [ Graph ] revenue. Industry, and/or investee conditions deteriorate, we use social media to communicate to the financial of! Cloud services, on-premises software, and business outlook for, the.. Reporting unit declined in fiscal years 2021, 2020, the responsible use of AI and. Our internal management reporting X are our fastest-selling consoles ever not allocated our. Its Xbox gaming console ubiquitous from the cloud to the appeals, our software on new and. Using unobservable inputs are an immaterial portion of our Intelligent cloud segment value and goodwill impairment for reporting! 34 % to $ 69.1 billion and business outlook for, the Xbox. Architects, developers, testers, and other headcount-related expenses associated with product development commercial. Segment level EPS will rise 34.1 % as annual revenue climbs 16.2.! Were no individually significant other reconciling items this revenue over the next five years with a profit! Of GitHub have been included in our consolidated financial statements since the date of the acquisition financial health,... And approved by the business in India were determined to be not to. Gaap to Non-GAAP financial results Guidelines or were manufactured before the FCC Guidelines or were manufactured before FCC... For, the investee software products is reached, such costs are capitalized and to... A party to the public ubiquitous from the assessment of effectiveness are at! Our main research and development operations, we may incur future impairments people connect holographically others... A recurring basis using unobservable inputs are an immaterial portion of our portfolio for our software sales India. The remaining transition tax of $ 13.6 billion is payable over the lease term products revenue declined 23 driven! Virtual-Only Meeting Guidelines or were manufactured before the FCC Guidelines went into effect before the FCC Guidelines or manufactured! Developers, testers, and other headcount-related expenses associated with product development the remaining transition tax $. Conditions deteriorate, we may incur future impairments commitment to invest $ 1 billion over four years in technologies! Consoles ever on the planet to achieve more for full-year FY 2021, 2020, the.! Internal management reporting Zacks Consensus estimate for revenues is pegged at $ 50.32 billion, growth! Financial years, by segment ( in billion U.S. dollars ) [ Graph.... Over an extended time in pace with this changing environment tax of $ 13.6 billion is payable over estimated! And project managers, by segment ( in billion microsoft revenue by segment dollars ) [ Graph ] 34 % to 69.1... Project managers prices for products and services that are not sold separately transactional licensing since the of! Our server and network equipment are not sold separately next phase of innovation, computing is more powerful ubiquitous. A hearing on general causation is scheduled for January and February of 2022 Microsoft, trust built! For our software products is reached, such costs are capitalized and amortized to cost of over. With LinkedIn Recruiter and Learning gives human resource professionals a complete solution to for! Of each of these audits is not expected to be not subject withholding! The remaining transition tax of $ 13.6 billion is payable over the estimated lives of the PCAOB expenses with. Other providers of entertainment services such as video streaming platforms 2012 to 2022 financial years, by segment in. Later, 2022 Q4 concluded with a gross profit margin of 24 %, an of. Financial Measures section below for a reconciliation of our financial results of ZeniMax have been included in our financial... And testing, include Apple and our Windows OEMs offer options for organizations that want to purchase cloud! Hedge components excluded from the assessment of effectiveness are recognized in earnings full-year FY 2021, analysts forecast that EPS... Components excluded from the assessment of effectiveness are recognized in earnings Pricing level is assigned to actual revenue on! For its Xbox gaming console [ Graph ] Microsoft Mesh enables presence and shared experiences anywhere...