Microsoft Cloud Powers Record 4Q Results

Microsoft Corp. today announced the following results for the quarter ended June 30, 2019, as compared to the corresponding period of last fiscal year:

• Revenue was $33.7 billion and increased 12%
• Operating income was $12.4 billion and increased 20%
• Net income was $13.2 billion GAAP and $10.6 billion non-GAAP, and increased 49% and 21%, respectively
• Diluted earnings per share was $1.71 GAAP and $1.37 non-GAAP, and increased 50% and 21%, respectively
• GAAP results include a $2.6 billion net income tax benefit explained in the Non-GAAP Definition section below