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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 65.5B | 7.5% |
Gross Profit | 45.5B | 4.9% |
Cost of Revenue | 29.6B | 3.9% |
Operating expense | 17B | 3.4% |
Net Income | 24.7B | 12.4% |
EBITDA | 32.6B | 11.1% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 523B | 8% |
Total Liabilities | 235B | 1.8% |
Total Equity | 288B | 13.7% |
Shares Outstanding | 7.44B | 0% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 34.2B | 7.1% |
Cash from investing | -15.2B | 42.1% |
Cash from financing | -16.6B | 11.9% |
EPS
Financial Highlights for Microsoft in Q3 '24
Microsoft reported a revenue of 65.5B, which is a 7.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 45.5B, marking a 4.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 29.6B, a 3.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 17B, showing a -3.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 24.7B, showing a 12.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 32.6B, showing a 11.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Microsoft with growth in revenue, gross profit, and net income.