MSFT Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-06-30), MSFT reported revenue of $64.7B, gross profit of $45.0B (69.6% gross margin), operating income of $27.9B, and net income of $22.0B (34.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MSFT was profitable; revenue grew 4.6% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +4.6% | +0.4% | −1.4 pp |
Consensus estimate data is not available for this report.
MSFT Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $64.7B | 100% |
| Cost of Revenue | −$19.7B | 30.4% |
| Gross Profit | $45.0B | 69.6% |
| Research & Development | −$8.1B | 12.4% |
| Selling, General & Administrative | −$9.1B | 14.0% |
| Operating Income | $27.9B | 43.1% |
| Other Income, net | −$675M | 1.0% |
| Income Tax Expense | −$5.2B | 8.1% |
| Net Income | $22.0B | 34.0% |
Source: original SEC filing (filed 2024-07-30). Accession 0000950170-24-087835. Data normalized by EarningsFyi.