Microsoft Announces Fiscal Year 2018 and Q4 Results
Microsoft Corp. announced their fiscal Q4 results on July 19, 2018. Revenue was reported at $30.1 billion, a 17% increase from the corresponding period of the last fiscal year. Operating income increased 35% at $10.4 billion. Net income was at $8.9 billion GAAP and $8.8 billion non-GAAP. The diluted earnings per share were reported at $1.14 GAAP and $1.13 non-GAAP.
Overall Fiscal Year 2018, which ended June 30, 2018, was also announced and compared to the previous fiscal year. Revenue saw a 14% increase at $110.4 billion, and operating income also rose 21% with $35.1 billion. Net income was reported for the year at $16.6 billion GAAP and $30.3 non-GAAP. Diluted earnings per share were $2.13 GAAP and $3.88 non-GAAP.
Satya Nadella, chief executive officer of Microsoft stated, “We had an incredible year, surpassing $100 billion in revenue as a result of our teams’ relentless focus on customer success and the trust customers are placing in Microsoft. Our early investments in the intelligent cloud and intelligent edge are paying off, and we will continue to expand our reach in large and growing markets with differentiated innovation.”
A webcast discussing the financial results is available for replay at http://www.microsoft.com/en-us/investor.
A more complete breakdown of Microsoft’s fourth quarter and fiscal year 2018 financial results can be found here.