FY18 Q2 - Income Statements - Investor Relations - Microsoft

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Earnings Release FY18 Q3

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Income Statements

(In millions, except per share amounts) (Unaudited) Three Months Ended
March 31,
Nine Months Ended
March 31,
2018 2017 2018 2017
Revenue:
Product
$ 15,114
$ 14,513
$ 47,338
$ 47,754
Service and other
11,705
8,699
32,937
23,212
Total revenue
26,819
23,212
80,275
70,966
Cost of revenue:
Product
3,425
3,075
11,903
12,034
Service and other
5,844
4,985
16,708
13,771
Total cost of revenue
9,269
8,060
28,611
25,805
Gross margin
17,550
15,152
51,664
45,161
Research and development
3,715
3,355
10,793
9,523
Sales and marketing
4,335
3,872
12,709
11,169
General and administrative
1,208
1,202
3,483
3,126
Operating income
8,292
6,723
24,679
21,343
Other income, net
349
371
1,115
600
Income before income taxes
8,641
7,094
25,794
21,943
Provision for income taxes
1,217
1,608
18,096
4,523
Net income
$ 7,424
$ 5,486
$ 7,698
$ 17,420
Earnings per share:
Basic
$ 0.96
$ 0.71
$ 1.00
$ 2.25
Diluted
$ 0.95
$ 0.70
$ 0.99
$ 2.22
Weighted average shares outstanding:
Basic
7,698
7,725
7,706
7,756
Diluted
7,794
7,813
7,798
7,840
Cash dividends declared per common share
$ 0.42
$ 0.39
$ 1.26
$ 1.17
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

FY18 Earnings Release Schedule

  • Q4-Thursday, July 19

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