Income Statement (USD)
|Cost of Revenue||24B|
Balance Sheet (USD)
Cash Flow (USD)
|Cash from operations||30.6B|
|Cash from investing||503M|
|Cash from financing||14.8B|
Financial Highlights for Microsoft in Q3 '23
Microsoft reported a revenue of 56B, which is a 0.7% 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 40.2B, marking a 2.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 24B, a -8.3% 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 14.3B, showing a -10.9% 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 22.3B, showing a 11% 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 28.8B, showing a 10.2% 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.