The above table shows the net revenue of Microsoft Corporation from 2012 to 2023 in USD Billions.
2023: The total net revenue of Microsoft in 2023 reached $211.915 billion compared to $198.27 billion in the previous fiscal. The company experienced a growth of around 7% in its total net revenue in 2023 compared to the prior year. Its revenue from cloud technology in 2023 reached $111.6 billion compared to $91.4 billion in the previous fiscal. Microsoft generated more than half of its total net revenue from the United States in 2023. Its total sales in the United States remained $106,744 million in 2023 compared to $100,218 million in the previous year. Microsoft generated total $105,171 million in net sales from its foreign markets in 2023 compared to $98,052 million in the previous fiscal.
In 2022, the company generated the highest net sales in its history. Its net sales for 2022 remained $198.3 billion, which was 18% higher than the prior year.
Net revenue of Microsoft 2005-2022
Amounts are in millions.
| Year | Net Revenue (Millions) |
|---|---|
| 2023 | $211,915 |
| 2022 | $198,270 |
| 2021 | $168,088 |
| 2020 | $143,015 |
| 2019 | $125,843 |
| 2018 | $110,360 |
| 2017 | $96,571 |
| 2016 | $91,154 |
| 2015 | $93,580 |
| 2014 | $86,833 |
| 2013 | $77,849 |
| 2012 | $73,723 |
| 2011 | $69,943 |
| 2010 | $62,484 |
| 2009 | $58,437 |
| 2008 | $60,420 |
| 2007 | $51,122 |
| 2006 | $44,282 |
| 2005 | $39,788 |
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2022: Microsoft experienced 18% growth in its net revenue in 2022 compared to the prior year. Its total net sales in 2022 equalled $198.3 billion compared to $168.1 billion in the prior year.
2021: The net revenues of MIcrosoft Corporation grew 18% in 2021 compared to the previous year, while its gross margin grew 20% and net income grew by 38% versus 2020.
In 2021, the net revenues of Microsoft Corporation grew to $168 billion compared to $143 billion in the previous year. Services drove most of the financial growth for the company. Microsoft’s revenues from services grew to $97 billion in 2021 compared to $75 billion in the previous year. Products revenues of the company grew by only around $3 billion in 2021 compared to the previous year. Microsoft’s product revenues remained only $71 billion compared to $68 billion in 2020.
The net income of the company jumped by 38% compared to the previous year rising to $61.3 billion in 2021 compared to $44.3 billion in the previous year.
While the net revenues of Microsoft grew by $25 billion in 2021 compared to the previous year, its total cost of revenues grew by only $6.1 billion.
Microsoft is among the leading names in the technological industry. Apart from Windows and MicrosoftOffice, the brand is also known for its cloud services where it is engaged in tough competition with Amazon and Google. This is the era of intelligent computing, intelligent clouds and AI. Microsoft is trying to take the lead position while facing formidable competition from all sides. In 2017, it delivered 90 Billion dollars in revenue which was around 4.6 Billions higher than its revenue in 2016. Its 2016 revenue was 85.32 Billion dollars. The brand is continuously investing in research and innovation to remain at the edge of technological growth. The main sourced of revenue for Microsoft are as follows:
- licensing and supporting an array of software products,
- wide range of cloud based and other services for individual and business consumers.
- devices that integrate with cloud based services.
- Advertising before an online audience.
2018: By the third quarter of 2018, Microsoft’s revenue had increased 80.27 Billion USD which was more than 9 Billions higher than its revenue during the same period last year. Its revenue by the third quarter in 2017 was 70.97 Billion USD.