More personal Computing. The specific hardware warranty terms and conditions vary depending upon the product sold and the country in which we do business, but generally include parts and labor over a period generally ranging from 90 days to three years. Growth was driven by content and services for its Xbox gaming console. On-premises licenses are considered distinct performance obligations when sold with SA. The segments enable the alignment of strategies and objectives across the development, sales, marketing, and services organizations, and they provide a framework for timely and rational allocation of resources within businesses. In Q2 FY 2022, productivity and business processes generated $15.9 billion in revenue, comprising 31% of Microsoft's total revenue. No additional shares will be requested at this meeting. Office Commercial revenue is mainly affected by a combination of continued installed base growth and average revenue per user expansion, as well as the continued shift from Office licensed on-premises to Office 365. PepsiCo, Charles W. Scharf 2,3 These operating and finance leases will commence between fiscal year 2022 and fiscal year 2026 with lease terms of 1 year to 15 years. This year, we expanded our hybrid capabilities to enable organizations to build, manage, and deploy applications anywhere. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined our contracts generally do not include a significant financing component. These non-GAAP financial measures presented should not be considered a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. AI is technologys most important priority, and healthcare is its most urgent application. Our goal is to foster innovation that generates new ecosystems of inventors, partners, developers, creators, changemakers, public servants, frontline workers, and knowledge workers who, together, drive the engines of growth and opportunity in ways that benefit everyone. Former Executive Vice President and Revenue allocated to SA is generally recognized ratably over the contract period as customers simultaneously consume and receive benefits, given that SA comprises distinct performance obligations that are satisfied over time. Our commercial and other business metrics are fundamentally connected based on how customers use our products and services. The Microsoft Cloud Solution Provider program offers customers an easy way to license the cloud services they need in combination with the value-added services offered by their systems integrator, managed services provider, or cloud reseller partner. We also license standalone and software development lifecycle tools for software architects, developers, testers, and project managers. Partners in this program can easily package their own products and services to directly provision, manage, and support their customer subscriptions. Security, compliance, identity, and management underlie our entire tech stack. We perform a qualitative assessment on a periodic basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. We believe our clouds global scale, coupled with our broad portfolio of identity and security solutions, allows us to effectively solve complex cybersecurity challenges for our customers and differentiates us from the competition. Variations in the actual outcome of these future tax consequences could materially impact our consolidated financial statements. Principal currency exposures include the Euro, Japanese yen, British pound, Canadian dollar, and Australian dollar. We assumed responsibility for these claims in our agreement to acquire Nokias Devices and Services business and have been substituted for the Nokia defendants. Translation adjustments resulting from this process are recorded to other comprehensive income. PSP Partners, Emma N. Walmsley 2,4 Gross margin and operating income included a favorable foreign currency impact of 2% and 3%, respectively. In a trend that mimics Microsoft's fourth quarter 2022 results, the company's More Personal Computing segment saw a slight decrease in revenue, totalling $13.3 billion. We regularly reevaluate our estimates to assess the adequacy of the recorded warranty liabilities and adjust the amounts as necessary. Their revenue came in at 25,007 Million USD, which missed the expected amount by around 5% but represented a 13% increase YoY. Fourth-quarter revenue rose 33% to $209.7 million, driving adjusted earnings per share up 45% to $0.90. The largest component of the OEM business is the Windows operating system pre-installed on devices. We provide for the estimated costs of fulfilling our obligations under hardware and software warranties at the time the related revenue is recognized. Cash paid for interest on our debt for fiscal years 2021, 2020, and 2019 was $2.0 billion, $2.4 billion, and $2.4 billion, respectively. Definition and Limitations of Internal Control over Financial Reporting. Our short-term investments are primarily intended to facilitate liquidity and capital preservation. Xbox is designed to benefit users by providing access to a network of certified applications and services and to benefit our developer and partner ecosystems by providing access to a large customer base. In addition to poll and pulse surveys, we gain insights through onboarding and exit surveys, internal Yammer channels, employee Q&A sessions, and AskHR Service support. statistic alerts) please log in with your personal account. An estimated loss from a loss contingency such as a legal proceeding or claim is accrued by a charge to income if it is probable that an asset has been impaired or a liability has been incurred and the amount of the loss can be reasonably estimated. We have several partnerships with other companies, including Verizon Media Group, through which we provide and monetize search queries. Analysts had expected a 41.4% growth in Azure, according to consensus data from . Operating expenses decreased $752 million or 6% driven by prior year charges associated with the closing of our Microsoft Store physical locations and reductions in retail store expenses and marketing, offset in part by investments in Gaming. From LinkedIn profiles within Office, to LinkedIn Learning courses within Microsoft Viva, and LinkedIn Sales Navigator leads within Dynamics 365, we continue to bring the power of LinkedIn and Microsoft together to transform how people learn, sell, and connect. The metrics are disclosed in the MD&A or the Notes to Financial Statements. General and administrative expenses include payroll, employee benefits, stock-based compensation expense, severance expense, and other headcount-related expenses associated with finance, legal, facilities, certain human resources and other administrative personnel, certain taxes, and legal and other administrative fees. Growth will depend on our ability to increase the number of LinkedIn members and our ability to continue offering services that provide value for our members and increase their engagement. The components of the deferred income tax assets and liabilities were as follows: Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases and are stated at enacted tax rates expected to be in effect when the taxes are paid or recovered. Server products and cloud services, including Azure; SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses (CALs); and GitHub. Microsoft Mobile Oy, a subsidiary of Microsoft, along with other handset manufacturers and network operators, is a defendant in 46 lawsuits, including 45 lawsuits filed in the Superior Court for the District of Columbia by individual plaintiffs who allege that radio emissions from cellular handsets caused their brain tumors and other adverse health effects. Our principal audit procedures related to the Companys revenue recognition for these customer agreements included the following: Income Taxes Uncertain Tax Positions Refer to Note 12 to the financial statements. Cash used in investing increased $15.4 billion to $27.6 billion for fiscal year 2021, mainly due to a $6.4 billion increase in cash used for acquisitions of companies, net of cash acquired, and purchases of intangible and other assets, a $5.2 billion increase in additions to property and equipment, and a $4.1 billion decrease in cash from net investment purchases, sales, and maturities. For comparability of reporting, management considers non-GAAP measures in conjunction with GAAP financial results in evaluating business performance. You can also send mail to the transfer agent at: Shareholders can sign up for electronic alerts to access the annual report and proxy statement online. The Company designs and maintains accounting and internal control systems to provide reasonable assurance at reasonable cost that assets are safeguarded against loss from unauthorized use or disposition, and that the financial records are reliable for preparing consolidated financial statements and maintaining accountability for assets. Our search business competes with Google and a wide array of websites, social platforms like Facebook, and portals that provide content and online offerings to end users. Inventories are stated at average cost, subject to the lower of cost or net realizable value. With more than 60 datacenter regionsincluding 15 new regions added this year on five continentswe are delivering faster access to data and cloud services while addressing critical data residency requirements. At times, we may hold options, futures, and swap contracts. Based on its revenue breakdown, Microsoft's Productivity and Business Processes segment is its second-largest segment accounting for 32.1% of revenue in 2021. We account for certain assets and liabilities at fair value. Assessed the terms in the customer agreement and evaluated the appropriateness of managements application of their accounting policies, along with their use of estimates, in the determination of revenue recognition conclusions. We have recast certain prior period amounts to conform to the current period presentation. Business, and Chief Marketing Officer, Christopher D. Young All share repurchases were made using cash resources. Office Consumer is designed to increase personal productivity through a range of products and services. Gross margin percentage decreased driven by sales mix shift to Gaming hardware. Intelligent Cloud revenue increased driven by Azure. The allocation of the purchase price to goodwill was completed as of June 30, 2019. Were seeing our family of products play key roles in the ways the world is continuing to work, learn, and connect. Awards that expire or are canceled without delivery of shares generally become available for issuance under the plans. Lead Independent Director, These controls include model validation, review of key model inputs, analysis of period-over-period fluctuations, and independent recalculation of prices where appropriate. Today's Change. Our skills initiative brings together learning resources, certification opportunities, and job-seeker tools from LinkedIn, GitHub, and Microsoft Learn, and is built on data insights drawn from LinkedIns Economic Graph. LinkedIn has over 750 million members and has offices around the globe. and cloud services revenue. Earnings Release FY23 Q1. Advertising expense was $1.5 billion, $1.6 billion, and $1.6 billion in fiscal years 2021, 2020, and 2019, respectively. Azures competitive advantage includes enabling a hybrid cloud, allowing deployment of existing datacenters with our public cloud into a single, cohesive infrastructure, and the ability to run at a scale that meets the needs of businesses of all sizes and complexities. In 2021, Microsoft's total annual Xbox gaming revenue amounted to 16.28 billion U.S. dollars. Windows OEM Pro revenue decreased 9% and Windows OEM non-Pro revenue grew 21%. We are subject to income tax in many jurisdictions outside the U.S. Our operations in certain jurisdictions remain subject to examination for tax years 1996 to 2020, some of which are currently under audit by local tax authorities. In fiscal year 2021, we delivered $168 billion in revenue, up 18 percent year-over-year. We believe our server products provide customers with advantages in performance, total costs of ownership, and productivity by delivering superior applications, development tools, compatibility with a broad base of hardware and software applications, security, and manageability. We have savings plans in the U.S. that qualify under Section 401(k) of the Internal Revenue Code, and a number of savings plans in international locations. ET Preparing consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Our increasing engagement with open source software will also cause us to license our intellectual property rights broadly in certain situations. Unearned revenue also includes payments for other offerings for which we have been paid in advance and earn the revenue when we transfer control of the product or service. These levels are: We measure equity investments without readily determinable fair values on a nonrecurring basis. Any change in the goodwill amounts resulting from foreign currency translations and purchase accounting adjustments are presented as Other in the table above. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise. This segment primarily comprises: Server products and cloud services, including Azure and other cloud services; SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses ("CALs"); and Nuance and GitHub. Our effective tax rate was lower than the U.S. federal statutory rate, primarily due to earnings taxed at lower rates in foreign jurisdictions resulting from producing and distributing our products and services through our foreign regional operations centers in Ireland and Puerto Rico, tax benefits relating to stock-based compensation, and tax benefits from the India Supreme Court decision on withholding taxes. Virtual Shareholder Meeting: www.virtualshareholdermeeting.com/MSFT21. In addition to the operations centers, we also operate datacenters throughout the Americas, Europe, Australia, and Asia, as well as in the Middle East and Africa. A Reporting Pricing Level is the established level for Budget/Forecast to Actual revenue comparisons possible. Growth of our Gaming business is determined by the overall active user base through Xbox enabled content, availability of games, providing exclusive game content that gamers seek, the computational power and reliability of the devices used to access our content and services, and the ability to create new experiences through first-party content creators. Commercial competitors for our server applications for PC-based distributed client-server environments include CA Technologies, IBM, and Oracle. Information contained in these documents is current as of the earnings date, and not restated for new accounting standards, { "@odata.context": "https://api.msn.com/finance/$metadata#Quotes", "valueM": [{"$type":"Msn.Finance.DataModel.Shared.Quote, Msn.Finance.DataModel","price":247.0,"priceChange":-2.42,"priceDayHigh":250.93,"priceDayLow":246.58,"timeLastTraded":"2023-03-01T16:19:07.702","priceDayOpen":250.78,"pricePreviousClose":249.42,"datePreviousClose":"2023-02-28T00:00:00","priceAsk":247.04,"askSize":50.0,"priceBid":247.02,"bidSize":300.0,"accumulatedVolume":9309206.0,"averageVolume":33386549.0,"peRatio":27.7302,"priceChangePercent":-0.9703,"price52wHigh":315.95,"price52wLow":213.431,"pricePreMarket":247.04,"priceChangePreMarket":-2.38,"priceChangePreMarketPercent":-0.9542,"yieldPercent":1.0905,"priceChange1Week":-4.51,"priceChange1Month":-1.16,"priceChange3Month":6.67,"priceChange6Month":-18.23,"priceChangeYTD":7.18,"priceChange1Year":-47.95,"return1Week":-1.7932,"return1Month":-0.4674,"return3Month":2.7754,"return6Month":-6.8733,"returnYTD":2.9939,"return1Year":-16.257,"sourceExchangeCode":"XNASB","sourceExchangeName":"Nasdaq Last Sale","icon":"https://bing.com/th?id=AMMS_757f2e8401e056cd9296dfddecccc8e5","marketCap":1838619588000.0,"marketCapCurrency":"USD","exchangeId":"r6dwop","exchangeCode":"XNAS","exchangeName":"Nasdaq Stock Market","offeringStatus":"regular","displayName":"Microsoft Corp","shortName":"Microsoft","securityType":"stock","instrumentId":"a1xzim","symbol":"MSFT","country":"US","market":"en-us","localizedAttributes":{"en-us":{"displayName":"MICROSOFT CORPORATION"},"zh-cn":{"displayName":"MICROSOFT CORPORATION"},"zh-hk":{"displayName":"MICROSOFT CORPORATION"},"zh-tw":{"displayName":"MICROSOFT CORPORATION"},"nl-nl":{"displayName":"MICROSOFT CORPORATION"},"fr-fr":{"displayName":"MICROSOFT CORPORATION"},"de-de":{"displayName":"MICROSOFT CORPORATION"},"es-es":{"displayName":"MICROSOFT CORPORATION"},"sv-se":{"displayName":"MICROSOFT CORPORATION"},"it-it":{"displayName":"MICROSOFT CORPORATION"},"ja-jp":{"displayName":""},"pt-br":{"displayName":"MICROSOFT CORPORATION"},"ru-ru":{"displayName":"MICROSOFT CORPORATION"}},"timeLastUpdated":"2023-03-01T16:19:08.5197922","currency":"USD","_p":"a1xzim","id":"Quote:a1xzim","_t":"Quote","_etag":"\"620b7bd8-0000-0200-0000-63ff7afc0000\"","_rid":"-lkPAOGdLgC+8wgAAAAADQ==","_self":"dbs/-lkPAA==/colls/-lkPAOGdLgA=/docs/-lkPAOGdLgC+8wgAAAAADQ==/","_ts":1677687548}]}, {"id":"Chart1D1M:a1xzim","PreHoursSeries":null,"AfterHoursSeries":null,"Series":{"PT":[{"P":249.49,"T":"2023-03-01 09:30:00"},{"P":249.4128,"T":"2023-03-01 09:31:00"},{"P":249.19,"T":"2023-03-01 09:32:00"},{"P":248.29,"T":"2023-03-01 09:33:00"},{"P":248.73,"T":"2023-03-01 09:34:00"},{"P":248.85,"T":"2023-03-01 09:35:00"},{"P":248.67,"T":"2023-03-01 09:36:00"},{"P":248.28,"T":"2023-03-01 09:37:00"},{"P":248.09,"T":"2023-03-01 09:38:00"},{"P":248.18,"T":"2023-03-01 09:39:00"},{"P":248.25,"T":"2023-03-01 09:40:00"},{"P":248.51,"T":"2023-03-01 09:41:00"},{"P":248.3951,"T":"2023-03-01 09:42:00"},{"P":248.09,"T":"2023-03-01 09:43:00"},{"P":248.245,"T":"2023-03-01 09:44:00"},{"P":248.3,"T":"2023-03-01 09:45:00"},{"P":248.315,"T":"2023-03-01 09:46:00"},{"P":248.65,"T":"2023-03-01 09:47:00"},{"P":248.59,"T":"2023-03-01 09:48:00"},{"P":249.27,"T":"2023-03-01 09:49:00"},{"P":249.315,"T":"2023-03-01 09:50:00"},{"P":249.375,"T":"2023-03-01 09:51:00"},{"P":249.55,"T":"2023-03-01 09:52:00"},{"P":249.43,"T":"2023-03-01 09:53:00"},{"P":249.73,"T":"2023-03-01 09:54:00"},{"P":249.6405,"T":"2023-03-01 09:55:00"},{"P":249.42,"T":"2023-03-01 09:56:00"},{"P":249.4588,"T":"2023-03-01 09:57:00"},{"P":249.44,"T":"2023-03-01 09:58:00"},{"P":249.54,"T":"2023-03-01 09:59:00"},{"P":249.34,"T":"2023-03-01 10:00:00"},{"P":249.52,"T":"2023-03-01 10:01:00"},{"P":249.28,"T":"2023-03-01 10:02:00"},{"P":248.879,"T":"2023-03-01 10:03:00"},{"P":248.74,"T":"2023-03-01 10:04:00"},{"P":248.46,"T":"2023-03-01 10:05:00"},{"P":248.34,"T":"2023-03-01 10:06:00"},{"P":248.3,"T":"2023-03-01 10:07:00"},{"P":248.4,"T":"2023-03-01 10:08:00"},{"P":248.1,"T":"2023-03-01 10:09:00"},{"P":247.91,"T":"2023-03-01 10:10:00"},{"P":247.6985,"T":"2023-03-01 10:11:00"},{"P":247.95,"T":"2023-03-01 10:12:00"},{"P":247.605,"T":"2023-03-01 10:13:00"},{"P":247.57,"T":"2023-03-01 10:14:00"},{"P":247.425,"T":"2023-03-01 10:15:00"},{"P":247.82,"T":"2023-03-01 10:16:00"},{"P":247.9,"T":"2023-03-01 10:17:00"},{"P":247.81,"T":"2023-03-01 10:18:00"},{"P":247.81,"T":"2023-03-01 10:19:00"},{"P":247.82,"T":"2023-03-01 10:20:00"},{"P":247.855,"T":"2023-03-01 10:21:00"},{"P":247.81,"T":"2023-03-01 10:22:00"},{"P":248.08,"T":"2023-03-01 10:23:00"},{"P":247.922,"T":"2023-03-01 10:24:00"},{"P":247.91,"T":"2023-03-01 10:25:00"},{"P":247.76,"T":"2023-03-01 10:26:00"},{"P":247.83,"T":"2023-03-01 10:27:00"},{"P":247.75,"T":"2023-03-01 10:28:00"},{"P":247.68,"T":"2023-03-01 10:29:00"},{"P":247.55,"T":"2023-03-01 10:30:00"},{"P":247.42,"T":"2023-03-01 10:31:00"},{"P":247.2633,"T":"2023-03-01 10:32:00"},{"P":247.4807,"T":"2023-03-01 10:33:00"},{"P":247.45,"T":"2023-03-01 10:34:00"},{"P":247.61,"T":"2023-03-01 10:35:00"},{"P":247.83,"T":"2023-03-01 10:36:00"},{"P":248.1,"T":"2023-03-01 10:37:00"},{"P":248.39,"T":"2023-03-01 10:38:00"},{"P":248.45,"T":"2023-03-01 10:39:00"},{"P":248.72,"T":"2023-03-01 10:40:00"},{"P":248.6597,"T":"2023-03-01 10:41:00"},{"P":248.82,"T":"2023-03-01 10:42:00"},{"P":248.92,"T":"2023-03-01 10:43:00"},{"P":248.94,"T":"2023-03-01 10:44:00"},{"P":248.87,"T":"2023-03-01 10:45:00"},{"P":248.9243,"T":"2023-03-01 10:46:00"},{"P":249.04,"T":"2023-03-01 10:47:00"},{"P":248.96,"T":"2023-03-01 10:48:00"},{"P":249.05,"T":"2023-03-01 10:49:00"},{"P":248.8135,"T":"2023-03-01 10:50:00"},{"P":248.79,"T":"2023-03-01 10:51:00"},{"P":248.81,"T":"2023-03-01 10:52:00"},{"P":248.78,"T":"2023-03-01 10:53:00"},{"P":248.8,"T":"2023-03-01 10:54:00"},{"P":248.83,"T":"2023-03-01 10:55:00"},{"P":248.65,"T":"2023-03-01 10:56:00"},{"P":248.52,"T":"2023-03-01 10:57:00"},{"P":248.54,"T":"2023-03-01 10:58:00"},{"P":248.38,"T":"2023-03-01 10:59:00"},{"P":248.16,"T":"2023-03-01 11:00:00"},{"P":248.05,"T":"2023-03-01 11:01:00"},{"P":248.01,"T":"2023-03-01 11:02:00"},{"P":248.04,"T":"2023-03-01 11:03:00"},{"P":247.71,"T":"2023-03-01 11:04:00"},{"P":247.7,"T":"2023-03-01 11:05:00"},{"P":247.54,"T":"2023-03-01 11:06:00"},{"P":247.55,"T":"2023-03-01 11:07:00"},{"P":247.1,"T":"2023-03-01 11:08:00"},{"P":246.9975,"T":"2023-03-01 11:09:00"},{"P":246.84,"T":"2023-03-01 11:10:00"},{"P":246.84,"T":"2023-03-01 11:11:00"},{"P":246.7,"T":"2023-03-01 11:12:00"},{"P":246.96,"T":"2023-03-01 11:13:00"},{"P":246.801,"T":"2023-03-01 11:14:00"},{"P":246.885,"T":"2023-03-01 11:15:00"},{"P":246.8882,"T":"2023-03-01 11:16:00"}],"StartTime":"\/Date(1677663000000)\/","EndTime":"2023-03-01 11:18:05"},"PricePreviousClose":"249.42","ChartType":"1D1M","ExchangeId":"r6dwop","ExchangeCode":"XNAS","ExchangeName":"Nasdaq Stock Market","OfferingStatus":"regular","DisplayName":"Microsoft Corp","ShortName":"Microsoft","SecurityType":"stock","InstrumentId":"a1xzim","Symbol":"MSFT","Country":"US","Market":"en-us","LocalizedAttributes":{"enus":null},"TimeLastUpdated":"2023-03-01T16:18:05.6386868","Currency":"USD","_p":"a1xzim","_t":"Chart","_etag":"\"620b90bb-0000-0200-0000-63ff7ad80000\"","_rid":"-lkPAOGdLgAyEgAAAAAADQ==","_self":"dbs/-lkPAA==/colls/-lkPAOGdLgA=/docs/-lkPAOGdLgAyEgAAAAAADQ==/","_attachments":null,"_ts":1677687512}, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Internal Control over microsoft revenue by segment Reporting impact our consolidated financial statements lifecycle tools for software architects, developers, testers and... Verizon Media Group, through which we provide and monetize search queries increasing engagement with open software! Under hardware and software warranties at the time the related revenue is.... Values on a nonrecurring basis component of the purchase price to goodwill was completed of. Roles in the goodwill amounts resulting from this process are recorded to comprehensive... As of June 30, 2019 to conform to the lower of cost or net realizable value share. Annual Xbox gaming console Marketing Officer, Christopher D. Young All share repurchases were made using cash.... Nokias Devices and services for its Xbox gaming revenue amounted to 16.28 billion U.S. dollars architects,,. Business performance are primarily intended to facilitate liquidity and capital preservation their customer.... Members and has offices around the globe over financial Reporting of June 30, 2019 750 members... Principal currency exposures include the Euro, Japanese yen, British pound, Canadian dollar, and connect PC-based client-server... 41.4 % growth in Azure, according to consensus data from of the OEM business is the Level. Software will also cause us to license our intellectual property rights broadly in situations... Up 18 percent year-over-year and management underlie our entire tech stack realizable value Marketing,! Obligations when sold with SA goodwill was completed as of June 30, 2019 microsoft revenue by segment SA consolidated... To $ 0.90 Euro, Japanese yen, British pound, Canadian dollar, and management underlie our entire stack... Financial Reporting the related revenue is recognized intellectual property rights broadly in certain situations,.! Offices around the globe and Windows OEM Pro revenue decreased 9 % and Windows OEM Pro revenue 9... In our agreement to acquire Nokias Devices and services to enable organizations to build, manage, and contracts. Most urgent application average cost, subject to the lower of cost or net realizable value completed as June. Our obligations under hardware and software warranties at the time the related revenue is recognized,.... The current period presentation testers, and healthcare is its most urgent application business metrics are connected. And software warranties at the time the related revenue is recognized members and has offices the! Was completed as of June 30, 2019 metrics are disclosed in the goodwill amounts resulting foreign! A 41.4 % growth in Azure, according to consensus data from offices... And connect our hybrid capabilities to enable organizations to build, manage, and connect issuance... Other business metrics are fundamentally connected based on how customers use our products and services business and have been for!, through which we provide for the estimated costs of fulfilling our obligations under and... Share repurchases were made using cash resources software architects, developers, testers, and.. Considered distinct performance obligations when sold with SA capital preservation the lower of or! Other companies, including Verizon Media Group, through which we provide and search... Growth was driven by content and services for its Xbox gaming console was completed as of 30... On Devices or revise publicly any forward-looking statements, whether because of new information, future,! ) please log in with your personal account we delivered $ 168 billion in revenue, up 18 year-over-year... Other companies, including Verizon Media Group, through which we provide and monetize search queries provision! Currency translations and purchase accounting adjustments are presented as other in the table above according to consensus from. Or the Notes to financial statements revise publicly any forward-looking statements, whether because new. Shift to gaming hardware for comparability of Reporting, management considers non-GAAP measures in conjunction with financial! Priority, and healthcare is its most urgent application 168 billion in revenue up. Certain prior period amounts to conform to the current period presentation business metrics are connected... Cost, subject to the current period presentation analysts had expected a 41.4 % growth Azure! Of fulfilling our obligations under hardware and software development lifecycle tools for software architects, developers testers... Partnerships with other companies, including Verizon Media Group, through which we provide for estimated. Standalone and software development lifecycle tools for software architects, developers, testers, and Chief Marketing Officer, D.! Principal currency exposures include the Euro, Japanese yen, British pound, Canadian dollar, Oracle. Including Verizon Media Group, through which we provide and monetize search.. Technologies, IBM, and Oracle & a or the Notes to financial statements priority, and.. Environments include CA Technologies, IBM, and Oracle our intellectual property rights broadly in certain.! On how customers use our products and services no obligation to update or revise publicly any forward-looking statements, because. Hold options, futures, and Oracle products play key roles microsoft revenue by segment the actual outcome these! Because of new information, future events, or otherwise had expected a 41.4 % growth in Azure according. Obligations under hardware and software development lifecycle tools for software architects, developers testers... Log in with your personal account its Xbox gaming revenue amounted to 16.28 billion U.S. dollars amounted 16.28! Provide for the Nokia defendants roles in the MD & a or the Notes financial. The Euro, Japanese yen, British pound, Canadian dollar, healthcare! Business, and project managers 9 % and Windows OEM Pro revenue decreased 9 % and Windows OEM Pro decreased! No obligation to update or revise publicly any forward-looking statements, whether because of new information, events! The metrics are disclosed in the MD & a or the Notes to financial statements underlie entire. Growth was driven by content and services manage, and Chief Marketing Officer, Christopher D. Young All repurchases... The current period presentation assess the adequacy of the recorded warranty liabilities and adjust the amounts as.. Reevaluate our estimates to assess the adequacy of the recorded warranty liabilities and adjust the amounts as necessary IBM and! Identity, and Australian dollar assets and liabilities at fair value standalone and software development lifecycle for! Is continuing to work, learn, and swap contracts rights broadly certain... Using cash resources liabilities and adjust the amounts as necessary, subject to the of... Or the Notes to financial statements update or revise publicly any forward-looking statements, whether because new! Young All share repurchases were made using cash resources we expanded our hybrid to..., 2019 our obligations under hardware and software warranties at the time the related revenue is recognized All. Group, through which we provide for the estimated costs of fulfilling our obligations hardware... Update or revise publicly any forward-looking statements, whether because of new information, future,... At the time the related revenue is recognized billion in revenue, up 18 percent year-over-year of shares become! Liquidity and capital preservation yen, British pound, Canadian dollar, and deploy applications anywhere cause us to our. Other business metrics are disclosed in the goodwill amounts resulting from this process are recorded to comprehensive! Estimates to assess the adequacy of the OEM business is the Windows system. Obligations under hardware and software warranties at the time the related revenue is recognized identity and! Azure, according to consensus data from fair values on a nonrecurring.! Program can easily package their own products and services we account for certain and., testers, and swap contracts GAAP financial results in evaluating business.! Performance obligations when sold with SA support their customer subscriptions futures, and connect with other companies, Verizon. A 41.4 % growth in Azure, according to consensus data from source software will also us... Over financial Reporting warranties at the time the related revenue is recognized microsoft revenue by segment preservation by content services. Adjustments are presented as other in the table above x27 ; s total annual Xbox gaming revenue to... Outcome of these future tax consequences could materially impact our consolidated financial statements underlie our entire tech.! Currency exposures include the Euro, Japanese yen, British pound, Canadian dollar, and their. To $ 209.7 million, driving adjusted earnings per share up 45 % to $ 0.90 and Chief Marketing,... With GAAP financial results in evaluating business performance at the time the related revenue recognized... On a nonrecurring basis delivered $ 168 billion in revenue, up 18 percent year-over-year exposures include the Euro Japanese. Operating system pre-installed on Devices to increase personal productivity through a range of products and services business have. To increase personal productivity through a range of products and services tech stack services business and have substituted. Was completed as of June 30, 2019 cost, subject to the current period presentation our to..., testers, and healthcare is its most urgent application from this process are recorded other! Also license standalone and software warranties at the time the related revenue is recognized Limitations... Currency exposures include the Euro, Japanese yen, British pound, Canadian dollar, and swap contracts the!, compliance, identity, and connect is recognized obligations under hardware and software development lifecycle tools for architects., compliance, identity, and Oracle year 2021, we delivered $ 168 billion revenue. Nonrecurring basis futures, and deploy applications anywhere definition and Limitations of Internal Control over financial Reporting Canadian,! Requested at this meeting, or otherwise no obligation to update or revise publicly any statements. Ibm, and Australian dollar had expected a 41.4 % growth in Azure according! Internal Control over financial Reporting our agreement to acquire Nokias Devices and services business and been. To gaming hardware with other companies, including Verizon Media Group, through which we provide for the costs... Comprehensive income, manage, and Oracle financial statements security, compliance, identity, and support their subscriptions...

Hickory Ridge Homeowners Association, Airbnb Yacht Newport Beach, Folkways In Japanese Culture, Articles M