Microsoft (MSFT) 10-K Summary — Year Ended Jun 30, 2024
Microsoft Corporation filed its annual 10-K for the fiscal year covered by this report. The filing shows revenue growth, positive operating income and net income, and strong operating cash flow, with the company expecting existing liquidity sources to be sufficient for near-term obligations.
Key takeaway
Year ended Jun 30, 2024 · FY2025 10-K
Microsoft Corporation filed its annual 10-K for the fiscal year covered by this report. The filing shows revenue growth, positive operating income and net income, and strong operating cash flow, with the company expecting existing liquidity sources to be sufficient for near-term obligations.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$245.1B
Revenue reported for the fiscal year.
Operating income
$109.4B
Income from operations reported for the year.
Net income
$88.1B
Net income reported for the year.
Operating cash flow
$118.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2021 | $168.1B | n/a |
| Jun 30, 2022 | $198.3B | +18.0% |
| Jun 30, 2023 | $211.9B | +6.9% |
| Jun 30, 2024 | $245.1B | +15.7% |
Business overview
The supplied filing context does not contain a description of the company's business operations. The business overview section only references a page number.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were positive. Operating cash flow was substantial.
Material risks
The company's fixed-income investments are exposed to interest rate risk and credit risk. Other risks are not detailed in the supplied context.
Liquidity and capital
The company's cash and investments decreased from the prior year. It expects sufficient liquidity from operations and capital markets to fund operating activities and commitments such as dividends, share repurchases, and capital expenditures.
What to watch
Revenue growth rate in the next reporting period should be monitored.