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Segment Revenue and Operating Income

(In millions)

Year Ended June 30,
2025 2024 2023
Revenue
Productivity and Business Processes
$ 120,810
$ 106,820
$ 94,151
Intelligent Cloud
106,265
87,464
72,944
More Personal Computing
54,649
50,838
44,820
Total
$ 281,724
$ 245,122
$ 211,915
Operating Income
Productivity and Business Processes
$ 69,773
$ 59,661
$ 50,074
Intelligent Cloud
44,589
37,813
28,411
More Personal Computing
14,166
11,959
10,038
Total
$ 128,528
$ 109,433
$ 88,523

We have recast certain prior period amounts to conform to the way we internally manage and monitor our business.
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. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.
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Microsoft Corp (MSFT)

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2024 ANNUAL REPORT

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