Microsoft (MSFT) 10-K Summary — Year Ended Jun 30, 2025
The filing provides an overview of Microsoft's financial position and operations. Financial performance improved with increased revenue and operating income.
Key takeaway
Year ended Jun 30, 2025 · FY2025 10-K
The filing provides an overview of Microsoft's financial position and operations. Financial performance improved with increased revenue and operating income.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$281.7B
Revenue reported for the fiscal year.
Operating income
$128.5B
Income from operations reported for the year.
Net income
$101.8B
Net income reported for the year.
Operating cash flow
$136.2B
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, 2022 | $198.3B | +18.0% |
| Jun 30, 2023 | $211.9B | +6.9% |
| Jun 30, 2024 | $245.1B | +15.7% |
| Jun 30, 2025 | $281.7B | +14.9% |
Business overview
The supplied filing does not include a detailed description of the business. The financial metrics and capital discussions imply a large technology company.
Financial performance
Revenue increased compared to the prior year. Operating income and net income also grew. Operating cash flow remained strong.
Material risks
The company is exposed to interest rate risk and credit risk on its fixed-income investments. These risks are managed through diversification. Settlement risk is considered insignificant.
Liquidity and capital
The company expects existing cash, cash equivalents, short-term investments, and cash flows from operations to fund obligations for at least the next year. Cash and short-term investments increased from the prior period.
What to watch
Monitor how interest rate changes affect the value of the company's fixed-income investment portfolio.