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Income Statement (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Revenue | 60.9B | 0.1% |
| Gross Profit | 43.4B | 2.3% |
| Cost of Revenue | 28.5B | 3.6% |
| Operating expense | 17.6B | 3.2% |
| Net Income | 21.9B | 0.3% |
| EBITDA | 29.4B | 0.8% |
Balance Sheet (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Total Assets | 484B | 2.9% |
| Total Liabilities | 231B | 0.5% |
| Total Equity | 253B | 6.2% |
| Shares Outstanding | 7.43B | 0% |
Cash Flow (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Cash from operations | 31.9B | 69.3% |
| Cash from investing | -10.7B | 85.1% |
| Cash from financing | -18.8B | 85.4% |
EPS
Financial Highlights for Microsoft in Q1 '24
Microsoft reported a revenue of 60.9B, which is a 0.1% 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 43.4B, marking a 2.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 28.5B, a -3.6% 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 17.6B, showing a 3.2% 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 21.9B, showing a 0.3% 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 29.4B, showing a 0.8% 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. Higher operating expenses might indicate increased investments or potential inefficiencies.