v3.25.2
SEGMENT INFORMATION AND GEOGRAPHIC DATA (Tables)
12 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Revenue, Cost of Revenue, Operating Expenses, and Operating Income

Segment revenue, cost of revenue, operating expenses, and operating income were as follows during the periods presented:

 

(In millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended June 30,

 

 

2025

 

 

 

2024

 

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

Productivity and Business Processes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

120,810

 

 

$

106,820

 

 

$

94,151

 

Cost of revenue

 

 

22,422

 

 

 

19,611

 

 

 

17,202

 

Operating expenses

 

 

28,615

 

 

 

27,548

 

 

 

26,875

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

$

69,773

 

 

$

59,661

 

 

$

50,074

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intelligent Cloud

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

$

106,265

 

$

87,464

 

$

72,944

 

Cost of revenue

 

40,171

29,611

 

24,109

Operating expenses

 

21,505

 

 

20,040

 

 

20,424

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

$

44,589

 

$

37,813

 

$

28,411

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

More Personal Computing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

54,649

 

 

$

50,838

 

 

$

44,820

 

Cost of revenue

 

 

25,238

 

 

 

24,892

 

 

 

24,552

 

Operating expenses

 

 

15,245

 

 

 

13,987

 

 

 

10,230

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

$

14,166

 

 

$

11,959

 

 

$

10,038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

281,724

 

 

$

245,122

 

 

$

211,915

 

Cost of revenue

 

 

87,831

 

 

 

74,114

 

 

 

65,863

 

Operating expenses

 

 

65,365

 

 

 

61,575

 

 

 

57,529

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

$

128,528

 

 

$

109,433

 

 

$

88,523

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue Classified by Major Geographic Areas Revenue, classified by the major geographic areas in which our customers were located, was as follows:

 

(In millions)

 

 

 

 

 

Year Ended June 30,

2025

2024

2023

 

 

 

United States (a)

$

144,546

$

124,704

$

106,744

Other countries

137,178

120,418

105,171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

281,724

$

245,122

$

211,915

 

 

 

 

(a)
Includes billings to OEMs and certain multinational organizations because of the nature of these businesses and the impracticability of determining the geographic source of the revenue.
Revenue Classified by Significant Product and Service Offerings

Revenue, classified by significant product and service offerings, was as follows:

 

(In millions)

 

 

 

 

 

Year Ended June 30,

2025

2024

2023

 

 

 

Server products and cloud services

 

$

98,435

$

79,828

$

65,007

Microsoft 365 Commercial products and cloud services

87,767

 

76,969

66,949

Gaming

23,455

21,503

15,466

LinkedIn

17,812

 

16,372

 

14,989

Windows and Devices

 

17,314

 

 

17,026

 

17,147

Search and news advertising

13,878

 

12,306

 

12,125

Dynamics products and cloud services

 

 

7,827

 

 

 

6,831

 

 

 

5,796

 

Enterprise and partner services

 

 

7,760

 

 

 

7,594

 

 

 

7,900

 

Microsoft 365 Consumer products and cloud services

7,404

6,648

6,417

Other

 

 

72

 

 

 

45

 

 

 

119

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

281,724

$

245,122

$

211,915

 

 

 

 

 

 

 

 

 

 

 

 

 

Our Microsoft Cloud revenue, which includes Microsoft 365 Commercial cloud, Azure and other cloud services, the commercial portion of LinkedIn, and Dynamics 365, was $168.9 billion, $137.7 billion, and $111.6 billion in fiscal years 2025, 2024, and 2023, respectively. These amounts are included in Microsoft 365 Commercial products and cloud services, Server products and cloud services, LinkedIn, and Dynamics products and cloud services in the table above.

Long-Lived Assets, Excluding Financial Instruments and Tax Assets, Classified by Location of Controlling Statutory Company

Long-lived assets, excluding financial instruments and tax assets, classified by the location of the controlling statutory company and with countries over 10% of the total shown separately, were as follows:

 

(In millions)

 

 

 

 

 

June 30,

2025

2024

2023

 

 

 

United States

$

230,069

$

186,106

$

114,380

Other countries

141,833

115,263

72,859

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

371,902

$

301,369

$

187,239