MICROSOFT CORP

Services-Prepackaged Software·REDMOND, WA·FY end 06/30·CIK 789019

CEO Pay Ratio

480:1

Satya Nadella

CEO Total Comp

$96.5M

Satya Nadella

Median Employee

$200,972

Revenue

$281.7B

FY 2025

Net Income

$101.8B

FY 2025

Free Cash Flow

$71.6B

FY 2025

Net Margin

36.1%

Insider Net (180d)

-$3.1M

1 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

0.09%

For every $1,000 of profit, $0.95 flows to the CEO.

CEO comp as % of buybacks

0.52%

CEO comp equals 5.2‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$281.7B	$245.1B	$211.9B	$198.3B	$168.1B
Gross Profit	$193.9B	$171.0B	$146.1B	$135.6B	$115.9B
Operating Income	$128.5B	$109.4B	$88.5B	$83.4B	$69.9B
Net Income	$101.8B	$88.1B	$72.4B	$72.7B	$61.3B
Operating CF	$136.2B	$118.5B	$87.6B	$89.0B	$76.7B
Capex	$64.6B	$44.5B	$28.1B	$23.9B	$20.6B
Free Cash Flow	$71.6B	$74.1B	$59.5B	$65.1B	$56.1B
Buybacks	$18.4B	$17.3B	$22.2B	$32.7B	$27.4B
Dividends	$24.1B	$21.8B	$19.8B	$18.1B	$16.5B

Gross Margin	68.8%	69.8%	68.9%	68.4%	68.9%
Operating Margin	45.6%	44.6%	41.8%	42.1%	41.6%
Net Margin	36.1%	36.0%	34.1%	36.7%	36.5%
FCF Margin	25.4%	30.2%	28.1%	32.9%	33.4%
R&D / Revenue	11.5%	12.0%	12.8%	12.4%	12.3%
Effective Tax	17.6%	18.2%	19.0%	13.1%	—
Debt / Equity	0.24	0.33	0.43	0.58	0.76
Buybacks / FCF	25.7%	23.3%	37.4%	50.2%	48.8%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Amy E. HoodExecutive Vice President and Chief Financial Officer	$1.0M	$3.4M	—	$25.1M	$29.5M	—
Bradford L. SmithVice Chair and President	$1.0M	$3.4M	—	$23.8M	$28.3M	—
Judson B. AlthoffExecutive Vice President and CEO Microsoft Commercial	$993.3K	$3.4M	—	$23.8M	$28.2M	—
Satya NadellaChairman and Chief Executive Officer	$2.5M	$9.6M	—	$84.4M	$96.5M	—
Takeshi NumotoExecutive Vice President and Chief Marketing Officer	$800.0K	$2.1M	—	$9.0M	$11.9M	—