· Revenue was $36.9 billion and increased 14%
· Operating income was $13.9 billion and increased 35%
· Net income was $11.6 billion and increased 38% GAAP and 36% non-GAAP
· Diluted earnings per share was $1.51 and increased 40% GAAP and 37% non-GAAP
“We are innovating across every layer of our differentiated technology stack and leading in key secular areas that are critical to our customers’ success,” said Satya Nadella, chief executive officer of Microsoft. “Along with our expanding opportunity, we are working to ensure the technology we build is inclusive, trusted and creates a more sustainable world, so every person and every organization can benefit.”
The following table reconciles our financial results reported in accordance with generally accepted accounting principles (GAAP) to non-GAAP financial results. Additional information regarding our non-GAAP definition is provided below. All growth comparisons relate to the corresponding period in the last fiscal year.
