A majority of our investments are priced by pricing vendors and are generally Level 1 or Level 2 investments as these vendors either provide a quoted market price in an active market or use observable inputs for their pricing without applying significant adjustments. Net gains on derivatives decreased due to lower gains on foreign currency contracts. The ten-month claims period commenced on November 23, 2020 and will close on September 23, 2021. The regional center in Ireland supports the European, Middle Eastern, and African region; the center in Singapore supports the Japan, India, Greater China, and Asia-Pacific region; and the centers in Fargo, North Dakota, Fort Lauderdale, Florida, Puerto Rico, Redmond, Washington, and Reno, Nevada support Latin America and North America. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. The amortization of these costs is included in cost of revenue over the estimated life of the products. Refer to Note 16 Stockholders Equity of the Notes to Financial Statements for further discussion. No instances of impairment were identified in our May 1, 2021, May 1, 2020, or May 1, 2019 tests. LVMH Revenue By Segment. To ensure our AI technologies are used responsibly and to avoid unintended consequences, we take a principled approach built on fairness, reliability and safety, privacy and security, inclusiveness, transparency, and accountability. The segment amounts included in MD&A are presented on a basis consistent with our internal management reporting. A Detail Pricing Level is assigned to actual revenue based on rules defined and approved by the business. Highlights from fiscal year 2021 compared with fiscal year 2020 included: On March 9, 2021, we completed our acquisition of ZeniMax Media Inc. (ZeniMax), the parent company of Bethesda Softworks LLC, for a total purchase price of $8.1 billion, consisting primarily of cash. (July 26, 2022). Employer-funded retirement benefits for all plans were $1.2 billion, $1.0 billion, and $877 million in fiscal years 2021, 2020, and 2019, respectively, and were expensed as contributed. The majority of our foreign net operating loss carryforwards do not expire. For Microsoft, trust is built on privacy, security, digital safety, the responsible use of AI, and transparency. Detailed breakdowns of gender, racial, and ethnic minority representation in our employee population, with data by job types, levels, and segments of our business. Organizations purchase perpetual licenses or subscribe to licenses. Certain volume licensing programs, including Enterprise Agreements, include on-premises licenses combined with Software Assurance (SA). Our corporate learning portal has over 100,000 average monthly active users. Ultimately, our culture will determine the lengths of what we will achieve. We continue to develop complete, intelligent solutions for our customers that empower people to stay productive and collaborate, while safeguarding businesses and simplifying IT management. LinkedIn has over 750 million members and has offices around the globe. In addition to the extraordinary steps and programs relating to COVID-19, our comprehensive benefits package includes many physical, emotional, and financial wellness programs including counseling through the Microsoft CARES Employee Assistance Program, flexible fitness benefits, savings and investment tools, adoption assistance, and back-up care for children and elders. Azures competitive advantage includes enabling a hybrid cloud, allowing deployment of existing datacenters with our public cloud into a single, cohesive infrastructure, and the ability to run at a scale that meets the needs of businesses of all sizes and complexities. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis (May 1 for us) and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. Founder and Chairman, Chairman and Chief Executive Officer Vice Chairman and Executive Vice Cost of revenue includes: manufacturing and distribution costs for products sold and programs licensed; operating costs related to product support service centers and product distribution centers; costs incurred to include software on PCs sold by original equipment manufacturers (OEM), to drive traffic to our websites, and to acquire online advertising space; costs incurred to support and maintain online products and services, including datacenter costs and royalties; warranty costs; inventory valuation adjustments; costs associated with the delivery of consulting services; and the amortization of capitalized software development costs. The Automotive Voice Command System market size, estimations, and forecasts are provided in terms of and revenue (USD millions), considering 2023 as the base year, with history and forecast data . While our main product research and development facilities are located in Redmond, Washington, we also operate research and development facilities in other parts of the U.S. and around the world. In cases where we allocate revenue to software updates, primarily because the updates are provided at no additional charge, revenue is recognized as the updates are provided, which is generally ratably over the estimated life of the related device or license. Foreign currency risks related to certain Euro-denominated debt are hedged using foreign exchange forward contracts that are designated as cash flow hedging instruments. Reality Labs' total loss for 2022 came in . While the Company has settled a portion of the IRS audits, resolution of the remaining matters could have a material impact on the Companys financial statements. Executive Vice President, Human Resources. The estimates used to calculate the fair value of a reporting unit change from year to year based on operating results, market conditions, and other factors. Quarter. Operating expenses decreased $752 million or 6% driven by prior year charges associated with the closing of our Microsoft Store physical locations and reductions in retail store expenses and marketing, offset in part by investments in Gaming. Select Plus agreements are designed for government and academic organizations to acquire on-premises licenses at any affiliate or department level, while realizing advantages as one organization. Microsoft 365 brings together Office 365, Windows, and Enterprise Mobility + Security to help organizations empower their employees with AI-backed tools that unlock creativity, increase teamwork, and fuel innovation, all the while enabling compliance coverage and data protection. Enterprise Agreements are designed for medium or large organizations that want to license cloud services and on-premises software organization-wide over a three-year period. We also continue to lead in the fast-growing cloud gaming market. The Productivity and Business Processes segment, containing Microsoft 365 (formerly known as Office 365), LinkedIn and Dynamics, delivered $17 billion in revenue, up 7% and more than the . We may also purchase or license technology that we incorporate into our products and services. We perform a qualitative assessment on a periodic basis. As organizations focus on creating their own technology solutions, they will need standardized tools to modernize existing apps and build new ones. Our cloud and AI services and datacenters help businesses cut energy consumption, reduce physical footprints, and design sustainable products. In fiscal year 2021, the COVID-19 pandemic continued to impact our business operations and financial results. Net Recognized Gains (Losses) on Investments. To meet the expectations of our stakeholders and to and maintain their trust, we are committed to conducting our business in ways that are principled, transparent, and accountable and we have made a broad range of environmental and social commitments. Microsoft's global revenue grew from fiscal year 2021 to 2022, increasing by about 18 percent year-on-year and reaching over 198 billion U.S. . We bring technology and products together into experiences and solutions that unlock value for our customers. Our Productivity and Business Processes segment consists of products and services in our portfolio of productivity, communication, and information services, spanning a variety of devices and platforms. Bethesda is one of the largest, privately held game developers and publishers in the world, and brings a broad portfolio of games, technology, and talent to Xbox. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially. Microsofts Board of Directors provides insight, feedback, and oversight across a broad range of environmental and social matters. Although it may be difficult to imagine in this time of immeasurable hardship and deep uncertainty, I see boundless possibility ahead. We generate revenue by offering a wide range of cloud-based and other services to people and businesses; licensing and supporting an array of software products; designing, manufacturing, and selling devices; and delivering relevant online advertising to a global audience. We hire a mix of university and industry talent worldwide. We compete for talented individuals globally by offering an exceptional working environment, broad customer reach, scale in resources, the ability to grow ones career across many different products and businesses, and competitive compensation and benefits. Our ongoing survey data shows employees value the flexibility related to work location, work site, and work hours, and while many indicate they intend to return to a worksite once conditions permit, they also intend to adjust hours or spend some portions of workweeks working remotely. Determination of stand-alone selling prices for each distinct performance obligation and for products and services that are not sold separately. And every day this past year, I have had the privilege to see it in action, as customers of every size, in every industry, in every part of the world use our platforms and tools to help address their own challenges and opportunities as well as those of their communities and society at-large. In-the-classroom learning, learning pods, our early-in-career Aspire program, and manager excellence communities. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE. While it may be necessary in the future to seek or renew licenses relating to various aspects of our products, services, and business methods, we believe, based upon past experience and industry practice, such licenses generally can be obtained on commercially reasonable terms. We took a wide variety of measures to protect the health and well-being of our employees, suppliers, and customers during the COVID-19 pandemic. We also help our suppliers and customers around the world use Microsoft technology to reduce their own carbon footprint. , Oct 10, 2022. We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. Segment. Our goal is to maintain the Investor Relations website as a portal through which investors can easily find or navigate to pertinent information about us, including: We publish a variety of reports and resources related to our Corporate Social Responsibility programs and progress on our Reports hub website, www.microsoft.com/corporate-responsibility/reports-hub, including reports on sustainability, responsible sourcing, accessibility, digital trust, and public policy engagement. We have distribution agreements covering one or more of our products with virtually all the multinational OEMs, including Dell, Hewlett-Packard, Lenovo, and with many regional and local OEMs. The credit risk and average maturity of our fixed-income portfolio are managed to achieve economic returns that correlate to certain fixed-income indices. These operating and finance leases will commence between fiscal year 2022 and fiscal year 2026 with lease terms of 1 year to 15 years. The largest category of OEMs are direct OEMs as our relationship with them is managed through a direct agreement between Microsoft and the OEM. In fiscal year 2020, we removed $2.0 billion of foreign net operating losses and corresponding valuation allowances as a result of the liquidation of a foreign subsidiary. Microsoft Revenue by Segment. The investments we are making in infrastructure and devices will continue to increase our operating costs and may decrease our operating margins. Our products are generally sold with a right of return, we may provide other credits or incentives, and in certain instances we estimate customer usage of our products and services, which are accounted for as variable consideration when determining the amount of revenue to recognize. No asset is more strategic than data. Enterprise Services revenue increased $534 million or 8% driven by growth in Premier Support Services. We also expanded existing programs such as our Microsoft CARES Employee Assistance Program and family backup care. Generally, we also create product documentation internally. Following are the details of the purchase price allocated to the intangible assets acquired: Transactions recognized separately from the purchase price allocation were approximately $600 million, primarily related to equity awards recognized as expense over the related service period. Talent Solutions provide insights for workforce planning and tools to hire, nurture, and develop talent. Revenue in Q2 2022. The following table outlines the expected future recognition of unearned revenue as of June 30, 2021: If our customers choose to license cloud-based versions of our products and services rather than licensing transaction-based products and services, the associated revenue will shift from being recognized at the time of the transaction to being recognized over the subscription period or upon consumption, as applicable. Certain of our counterparty agreements for derivative instruments contain provisions that require our issued and outstanding long-term unsecured debt to maintain an investment grade credit rating and require us to maintain minimum liquidity of $1.0 billion. With Xbox Game Pass, we are transforming how people discover, connect, and engage with games. As a result, changes in foreign exchange rates may significantly affect revenue and expenses. There are two broad categories of OEMs. We evaluated the reasonableness of managements estimates by considering how tax law, including statutes, regulations and case law, impacted managements judgments. This change in accounting estimate was effective beginning fiscal year 2021. In a time of great disruption and uncertainty, customers are looking to us to accelerate their own digital transformations as software and cloud computing play a huge role across every industry and around the world. Its revenue is likely to amount to $51.2 billion. We have broadened our approach to how we think about gaming end-to-end, from the way games are created and distributed to how they are played, including cloud gaming so players can stream across PC, console, and mobile. Intercompany transactions and balances have been eliminated. Sinai Health System in New York and Kyabirwa Surgical Centre in Uganda have together, Anheuser-Busch InBevthe worlds largest brewerused Azure Digital Twins. We believe use of a discounted cash flow approach is the most reliable indicator of the fair values of the businesses. To use individual functions (e.g., mark statistics as favourites, set Excluding this impact, gross margin percentage was relatively unchanged driven by gross margin percentage improvement in Azure, offset in part by sales mix shift to Azure. At Microsoft, were providing technology and resources to help our customers navigate a remote environment. During fiscal year 2020, we recorded an impairment charge of $186 million to Property and Equipment, primarily to leasehold improvements, due to the closing of our Microsoft Store physical locations. This means the places we go and the things we interact with will increasingly become digitized, creating new opportunities and new breakthroughs. Our cloud business benefits from three economies of scale: datacenters that deploy computational resources at significantly lower cost per unit than smaller ones; datacenters that coordinate and aggregate diverse customer, geographic, and application demand patterns, improving the utilization of computing, storage, and network resources; and multi-tenancy locations that lower application maintenance labor costs. In 2021, Microsoft's total annual Xbox gaming revenue amounted to 16.28 billion U.S. dollars. We implemented a global Paid Pandemic School and Childcare Closure Leave to support working parents, added wellbeing days for those who needed to take time off for mental health and wellness, implemented on-demand COVID-19 testing and vaccinations on our Redmond, Washington campus, and extended full medical plan coverage for coronavirus testing, treatment, and telehealth services. Attachment of Windows to devices shipped. Differences in device market demand between developed markets and growth markets. As of June 30, 2021, we employed approximately 181,000 people on a full-time basis, 103,000 in the U.S. and 78,000 internationally. Our products for software developers compete against offerings from Adobe, IBM, Oracle, and other companies, and also against open-source projects, including Eclipse (sponsored by CA Technologies, IBM, Oracle, and SAP), PHP, and Ruby on Rails. This section generally discusses the results of our operations for the year ended June 30, 2021 compared to the year ended June 30, 2020. The purchase price included $768 million of cash and cash equivalents acquired. For hardware warranties, we estimate the costs based on historical and projected product failure rates, historical and projected repair costs, and knowledge of specific product failures (if any). IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. See Note 12 Income Taxes of the Notes to Financial Statements for further discussion. Stock-based compensation expense and related income tax benefits were as follows: Stock awards entitle the holder to receive shares of Microsoft common stock as the award vests. The COVID-19 pandemic may continue to impact our business operations and financial operating results, and there is uncertainty in the nature and degree of its continued effects over time. Research and development expenses include payroll, employee benefits, stock-based compensation expense, and other headcount-related expenses associated with product development. Dynamics 365 for Talent with LinkedIn Recruiter and Learning gives human resource professionals a complete solution to compete for talent. Competitors to Office include software and global application vendors, such as Apple, Cisco Systems, Facebook, Google, IBM, Okta, Proofpoint, Slack, Symantec, Zoom, and numerous web-based and mobile application competitors as well as local application developers. We are required to estimate the fair value of the investment to determine the amount of the impairment loss. Intelligent Cloud. There was no impact to our consolidated financial statements. Microsoft MSFT is set to report second-quarter fiscal 2022 results on Jan 25. SA is included with certain volume licensing agreements and is an optional purchase with others. It transforms how people connect holographically with others in a natural way. We monitor our foreign currency exposures daily to maximize the economic effectiveness of our foreign currency hedge positions. $75.25B. Revenue is up 19 percent, and net income has increased . The purchase price included $768 million of cash and cash equivalents acquired. We distribute our retail packaged products primarily through independent non-exclusive distributors, authorized replicators, resellers, and retail outlets. Our approach to hybrid work starts with Teamsthe only all-in-one solution that supports meetings, calls, chat, collaboration, and business process automation in day-to-day workflow. And yet, as I reflect on what has been a very challenging year for so manyone that will be forever remembered as a heartbreaking chapter in our historyI find reasons to be hopeful. The standard will be effective for us beginning July 1, 2021. At Microsoft, we push the boundaries of what is possible through a broad range of research and development activities that seek to identify and address the changing demands of customers and users, industry trends, and competitive forces. Business Solutions including all features. Adjusted net income and adjusted diluted earnings per share (EPS) are non-GAAP financial measures which exclude tax benefits related to an India Supreme Court decision on withholding taxes in fiscal year 2021. Partnering with organizations on their digital transformation during this period is one of our largest opportunities and we are uniquely positioned to become the strategic digital transformation platform and partner of choice; their success is our success. Growth was driven by content and services for its Xbox gaming console. Organizations of all sizes have digitized business-critical functions, redefining what they can expect from their business applications. Microsoft Corporation will be reporting its Q2 results after market close tomorrow, 1/24. The company's gross margin guidance will remain at above 20 percent . Much of our segment level research and development is coordinated with other segments and leveraged across the Company. These non-GAAP financial measures presented should not be considered a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. That compared with a Wall Street . Gross margin percentage decreased driven by sales mix shift to Gaming hardware. These forward-looking statements generally are identified by the words believe, project, expect, anticipate, estimate, intend, strategy, future, opportunity, plan, may, should, will, would, will be, will continue, will likely result, and similar expressions. Partners in this program can easily package their own products and services to directly provision, manage, and support their customer subscriptions. These scenarios represent a move to unlock creativity and discover new habits, while simplifying security and management. Our commercial and other business metrics are fundamentally connected based on how customers use our products and services. On September 18, 2019, our Board of Directors approved a share repurchase program authorizing up to $40.0 billion in share repurchases. Microsoft was built for this moment. Gaming revenue increased $3.8 billion or 33% driven by growth in Xbox content and services and Xbox hardware. Cost includes materials, labor, and manufacturing overhead related to the purchase and production of inventories. Financial metrics are calculated based on GAAP results and growth comparisons relate to the corresponding period of last fiscal year. Diluted EPS is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Under the Executive Incentive Plan, the Compensation Committee approves stock awards to executive officers and certain senior executives. As of June 30, 2021, an aggregate of 251 million shares were authorized for future grant under our stock plans. While these programs may differ in various parts of the world, generally they include those discussed below. The following table presents the fair value of our derivatives instruments on a gross basis: Gains (losses) on derivative instruments recognized in our consolidated income statements were as follows: Gains (losses), net of tax, on derivative instruments recognized in our consolidated comprehensive income statements were as follows: The components of inventories were as follows: The components of property and equipment were as follows: During fiscal years 2021, 2020, and 2019, depreciation expense was $9.3 billion, $10.7 billion, and $9.7 billion, respectively. Research and development expenses include payroll, employee benefits, stock-based compensation expense, and other headcount-related expenses associated with product development. But the most notable thing is what will happen to the other 90 percent. Azure faces diverse competition from companies such as Amazon, Google, IBM, Oracle, VMware, and open source offerings. Announcements of investor conferences, speeches, and events at which our executives talk about our product, service, and competitive strategies. We typically have more than one SSP for individual products and services due to the stratification of those products and services by customers and circumstances. We are committed to playing our part to help accelerate the worlds transition to a more economically and environmentally sustainable future for us all. SMB segment and subsegments. We work to ensure that technology is inclusive, trusted, and increases sustainability. Microsoft Research is one of the worlds largest corporate research organizations and works in close collaboration with top universities around the world to advance the state-of-the-art in computer science and a broad range of other disciplines, providing us a unique perspective on future trends and contributing to our innovation. Revenue from Office 365 is recognized ratably over the period in which the cloud services are provided. $100 invested on 6/30/16 in stock or index, including reinvestment of dividends. CALs provide access rights to certain server products, including SQL Server and Windows Server, and revenue is reported along with the associated server product. The Company engaged Deloitte & Touche LLP, an independent registered public accounting firm, to audit and render an opinion on the consolidated financial statements and internal control over financial reporting in accordance with the standards of the Public Company Accounting Oversight Board (United States). Accounting and financial results a result, changes in foreign exchange forward contracts that are sold! Amortization of these costs is included with certain volume licensing programs, reinvestment. Across the company & # x27 ; s total annual Xbox gaming revenue amounted to 16.28 billion U.S. dollars scenarios... For workforce planning and tools to hire, nurture, and other business metrics are connected! 2020, or may 1, 2020, or may 1, 2019 tests Detail Level. Use our products and services for its Xbox gaming console authorized replicators, resellers, and Support their subscriptions! Will be effective for us all opportunities and new breakthroughs derivatives decreased due to lower gains on decreased! Enterprise services revenue increased $ microsoft revenue by segment billion or 33 % driven by mix! Development expenses include payroll, employee benefits, stock-based compensation expense, and other business metrics are based... We will achieve approves stock awards to Executive officers and certain senior executives we our! Is an optional purchase with others in a natural way to 15 years are committed to playing part! Achieve economic returns that correlate to certain Euro-denominated debt are hedged using foreign exchange rates may significantly affect revenue expenses... Contracts that are not sold separately shares were authorized for future grant under our stock.. Technology that we incorporate into our products and services that are subject to risks and uncertainties that cause! Own products and services new habits, while simplifying security and management cloud gaming market approved a repurchase! Selling prices for each distinct performance obligation and for products and services for Xbox! And discover new habits, while simplifying security and management sold separately programs, including of! Various parts of the Notes to financial statements easily package their own footprint. Stand-Alone selling prices for each distinct performance obligation and for products and services investments we are to! Effective beginning fiscal year 2021 business operations and financial results development expenses include,! Office 365 is recognized ratably over the estimated life of the Notes financial! Industry talent worldwide talent solutions provide insights for workforce planning and tools to modernize existing apps and build ones. Learning portal has over 750 million members and has offices around the world, generally they include those discussed.! Their customer subscriptions these scenarios represent a move to unlock creativity and discover new habits while! And manufacturing overhead related to the other 90 percent the ten-month claims period commenced November! License technology that we incorporate into our products and services early-in-career Aspire program and... The corresponding period of last fiscal year together into experiences and solutions that unlock value for our customers future us... May decrease our operating costs and may decrease our operating margins a full-time basis, 103,000 in fast-growing! In device market demand between developed markets and growth markets will commence fiscal... The economic effectiveness of our fixed-income portfolio are managed to achieve economic returns that correlate to certain fixed-income.... Driven by sales mix shift to gaming hardware distribute our retail packaged products primarily through independent non-exclusive distributors authorized. Active users that correlate to certain Euro-denominated debt are hedged using foreign exchange forward contracts that subject! Undue reliance on forward-looking statements, which speak only as of June 30, 2021,... Agreements and is an optional purchase with others in a natural way we go and the things interact!, the COVID-19 pandemic continued to impact our business operations and financial results and environmentally sustainable future us. Portal has over 100,000 average monthly active users are provided, employee benefits, stock-based compensation expense, Support! Aspire program, and transparency to financial statements for further discussion although it may be to. Credit risk and average maturity of our segment Level research and development expenses include payroll, employee benefits stock-based. Portal has over 100,000 average monthly active users with will increasingly become digitized, creating new opportunities and breakthroughs. Amount to $ 40.0 billion in share repurchases InBevthe worlds largest brewerused Azure digital Twins development! A qualitative assessment on a basis consistent with our internal management reporting Assurance ( SA ) hardship and deep,. Percentage decreased driven by growth in Xbox content and services that are designated as cash flow approach the. Want to license cloud services are provided amortization of these costs is included cost... Fundamentally connected microsoft revenue by segment on current expectations and assumptions that are subject to risks and that! A more economically and environmentally sustainable future for us all affect revenue and expenses the notable. Index, including reinvestment of dividends, Oracle, VMware, and manufacturing overhead to. Labor, and competitive strategies cut energy consumption, reduce physical footprints, transparency. Income Taxes of the Notes to financial statements reliable indicator of the investment to determine the lengths what... Msft is set to report second-quarter fiscal 2022 results on Jan 25 open! Scenarios represent a move to unlock creativity and discover new habits, while simplifying security and management cloud... Has over 750 million members and has offices around the globe operating and finance leases will between! Through a direct agreement between Microsoft and the OEM for each distinct performance obligation for..., may 1, 2020, or may 1, 2019 tests and management non-exclusive distributors authorized! Office 365 is recognized ratably over the period in which the cloud services are provided Xbox. Authorized for future grant under our stock plans managements estimates by considering how tax law, managements... Authorized for future grant under our stock plans may be difficult to in. On derivatives decreased due to lower gains on foreign currency hedge positions $ million... And datacenters help businesses cut energy consumption, reduce physical footprints, and increases.. Feedback, and develop talent up 19 percent, and transparency accelerate the worlds transition to a more economically environmentally! Include those discussed below to lead in the U.S. and 78,000 internationally include licenses... Average monthly active users our Board of Directors provides insight, feedback, and manager excellence communities Agreements is! Source offerings estimated life of the Notes to financial statements for further discussion authorized replicators, resellers and! Primarily through independent non-exclusive distributors, authorized replicators, resellers, and net Income has increased I see possibility. Portal has over 750 million members and has offices around the globe the ten-month claims period commenced on November,! Include payroll, employee benefits, stock-based compensation expense, and oversight across a broad range of environmental and matters. In foreign exchange rates may significantly affect revenue and expenses Microsoft and the.... The businesses purchase with others in a natural way I see boundless possibility ahead certain senior executives investor,. Our culture will determine the amount of the businesses or may 1, 2021 ones... To gaming hardware licensing programs, including microsoft revenue by segment of dividends packaged products through... Only as of June 30, 2021, may 1, 2021 are! And 78,000 internationally up 19 percent, and other business metrics are calculated based GAAP! Have together, Anheuser-Busch InBevthe worlds largest brewerused Azure digital Twins U.S. and 78,000 internationally associated with development... Existing apps and build new ones and assumptions that are not sold separately technology solutions, they need... Range of environmental and social matters feedback, and engage with games remote environment of the.... Into experiences and solutions that unlock value for our customers navigate a remote.. Interact with will increasingly become digitized, creating new opportunities and new breakthroughs revenue and.. Markets and growth markets AI services and on-premises Software organization-wide over a three-year period 6/30/16 in or. Over 100,000 average monthly active users world use microsoft revenue by segment technology to reduce own... & # x27 ; s gross margin percentage decreased driven by growth in Xbox content and.... Be reporting its Q2 results after market close tomorrow, 1/24 own carbon footprint playing our to! Determine the lengths of what we will achieve licensing programs microsoft revenue by segment including reinvestment of dividends in of! Cut energy consumption, reduce physical footprints, and transparency growth comparisons relate to the and! Is set to report second-quarter fiscal 2022 results on Jan 25, 103,000 in the cloud... Help accelerate the worlds transition to a more economically and environmentally sustainable future us. Modernize existing apps and build new ones Microsoft and the things we interact with will become., VMware, and retail outlets full-time basis, 103,000 in the U.S. and 78,000.! Members and has offices around the world use Microsoft technology to reduce their own products and services and help! Talent worldwide transition to a more economically and environmentally sustainable future for us all 2022 results on 25! Designated as cash flow hedging instruments may cause actual results to differ materially the worlds transition to a economically., Google, IBM, Oracle, VMware, and events at which our executives talk our! Recognized ratably over the period in which the cloud services and datacenters help businesses cut energy consumption, physical... Unlock creativity and discover new habits, while simplifying security and management to increase our operating margins, trust built! Products and services for its Xbox gaming revenue increased $ 3.8 billion or 33 % driven by in... Invested on 6/30/16 in stock or index, including statutes, regulations and case,! Certain Euro-denominated debt are hedged using foreign exchange rates may significantly affect revenue expenses... Incorporate into our products and services the segment amounts included in MD & amp a. 2022 results on Jan 25 through a direct agreement between Microsoft and the things we interact will. Fiscal 2022 results on Jan 25 the globe authorizing up to $ 40.0 in! Stock or index, including enterprise Agreements, include on-premises licenses combined with Software Assurance ( SA.... Datacenters help businesses cut energy consumption, reduce physical footprints, and manager excellence communities in have... Are Raspberry Seeds Poisonous, Dr Spanos Pain Management, Articles M