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Income Statement (USD)
| Q3 '23 | QoQ | |
|---|---|---|
| Revenue | 56B | 0.7% |
| Gross Profit | 40.2B | 2.1% |
| Cost of Revenue | 24B | 8.3% |
| Operating expense | 14.3B | 10.9% |
| Net Income | 22.3B | 11% |
| EBITDA | 28.8B | 10.2% |
Balance Sheet (USD)
| Q3 '23 | QoQ | |
|---|---|---|
| Total Assets | 446B | 8.2% |
| Total Liabilities | 225B | 9.4% |
| Total Equity | 221B | 7% |
| Shares Outstanding | 7.43B | 0% |
Cash Flow (USD)
| Q3 '23 | QoQ | |
|---|---|---|
| Cash from operations | 30.6B | 6.3% |
| Cash from investing | 503M | 105.5% |
| Cash from financing | 14.8B | 229.3% |
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.