FY16 Q2 - Income Statements - Investor Relations - Microsoft

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Earnings Release FY16 Q2

TablePower BI

Income Statements

$(in millions, except per share amounts) (Unaudited) Three Months Ended
December 31,
Six Months Ended
December 31,
2015 2014 2015 2014
Revenue
$ 23,796
$ 26,470
$ 44,175
$ 49,671
Cost of revenue
$ 9,872
$ 10,136
$ 17,079
$ 18,409
Gross margin
13,924
16,334
27,096
31,262
Research and development
2,900
2,903
5,862
5,968
Sales and marketing
3,960
4,315
7,293
8,043
General and administrative
1,038
1,097
2,122
2,248
Impairment, integration, and restructuring
0
243
0
1,383
Operating income
6,026
7,776
11,819
13,620
Other income (expense), net
(171)
74
(451)
126
Income before income taxes
5,855
7,850
11,368
13,746
Provision for income taxes
857
1,987
1,750
3,343
Net income
$ 4,998
$ 5,863
$ 9,618
$ 10,403
Earnings per share:
Basic
$ 0.63
$ 0.71
$ 1.21
$ 1.26
Diluted
$ 0.62
$ 0.71
$ 1.20
$ 1.25
Weighted average shares outstanding:
Basic
7,964
8,228
7,980
8,238
Diluted
8,028
8,297
8,047
8,321
Cash dividends declared per common share
$ 0.36
$ 0.31
$ 0.72
$ 0.62
IMPORTANT NOTICE TO USERS (summary only, click here  for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our  Forms 10-Q and 10-K.

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Information contained in these documents is current as of the earnings date, and not restated for new accounting standards

FY16 Earnings Release Schedule

  • Q3-Thursday, April 21
  • Q4-Tuesday, July 19

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