Microsoft net income 2002-2024

In the fiscal year 2024, Microsoft Corporation reported a net income of over 88.14 billion U.S. dollars, an increase from fiscal year 2023 figure of 72.36 billion U.S. dollars. Microsoft’s sales revenue also peaked in fiscal year 2024 at 245 billion U.S. dollars.

Microsoft Corporation

Since its foundation in 1975, Microsoft has grown into one of the most successful tech firms in the world and has experienced decades of continued success. Some of the company’s major business ventures include its Windows operating system, its software packages such as Microsoft Office, its lines of consumer electronics, as well as newer offerings such as cloud computing solutions. Since 2014, Microsoft’s intelligent cloud segment has experienced consistent growth and has become the biggest revenue earner for the company.

The technology industry

As technology becomes further integrated into nearly all aspects of daily life, companies such as Apple, Alphabet, and Microsoft have grown into some of the most powerful entities in the world. Spending in the IT industry alone amounts to trillions of dollars each year, meaning that these tech giants are well-positioned for continued success.

The fiscal year end of the company is June, 30^th.