Microsoft: Revenue, by year
YearRevenue,
in billion USD
2023211.92
2022198.27
2021168.09
2020143.02
2019125.84
2018110.36
201789.95
201685.32
201593.58
201486.83
201377.85
201273.72
201169.94
201062.48
200958.44
200860.42
200751.12
200644.28
200539.79
200436.84
200332.19
200228.37
  • Region: Worldwide
  • Time period: FY 2002 to FY 2023
  • Published: Jul 2023

Data Analysis and Insights

Updated: Apr 6, 2024 | Published by: Statistico | About Us / Data / Analysis

Revenue Growth from 2002 to 2023

Microsoft's global revenue demonstrated a significant upward trend over the past 21 years, growing from $28.37 billion in 2002 to $211.92 billion in 2023. This remarkable growth highlights the company's strong market presence and the successful expansion of its product and service offerings.

Highest Annual Revenue Increase

The period from 2021 to 2022 marked the highest annual revenue increase in the provided data set, with revenue jumping from $168.09 billion to $198.27 billion. This $30.18 billion surge underscores Microsoft's robust performance in a year, likely driven by significant advancements or market demand shifts.

Consistent Growth Post-2015

After a slight decline in revenue in 2015 to $93.58 billion, Microsoft's revenue consistently increased year-over-year. From 2016's $85.32 billion, the company has not experienced any revenue drops, illustrating sustained growth momentum.

Acceleration in Revenue Growth Rate

Analyzing the yearly increases, the growth rate of Microsoft's revenue has accelerated, particularly in the last five years. Notably, the jump from 2020's $143.02 billion to 2023's $211.92 billion reveals an aggressive expansion phase, likely fueled by strategic initiatives and global digital transformation trends.

Impact of the 2008 Financial Crisis

The impact of the 2008 financial crisis on Microsoft was relatively mild, with a slight decrease in revenue from $60.42 billion in 2008 to $58.44 billion in 2009. This resilience showcases Microsoft's strong market position and diversified portfolio's ability to withstand economic downturns.

Early 2000s Growth Foundation

The early 2000s set the foundation for Microsoft's future growth, with revenue increasing from $28.37 billion in 2002 to $51.12 billion in 2007. This steady growth in the early part of the century laid the groundwork for Microsoft's expansion and dominance in the tech industry.

Revenue Doubling Milestones

Microsoft's revenue more than doubled twice in the observed period. Initially, it rose from $28.37 billion in 2002 to over $60.42 billion in 2008, and then again, it more than doubled from $69.94 billion in 2011 to surpass $143.02 billion by 2020. These milestones underscore the company's capacity for sustained, exponential growth.

Frequently Asked Questions

When did Microsoft mark the highest annual revenue increase?

The highest annual revenue increase was from 2021 to 2022, with a jump of $30.18 billion.

Terms and Definitions

An American multinational technology company that develops, manufactures, licenses, and sells computer software, electronics, personal computers, and related services. It's one of the world's largest and most influential technology companies.

The total monetary income that a company receives during a given period for goods sold or services provided before any costs or expenses are subtracted. It's often referred to as the "top line" because it's typically the first line item on a company's income statement.

The monetary measurement of resources used or the amount that needs to be paid to obtain goods or services. Costs are subtracted from revenue to determine a company's profit.

The money spent or costs incurred in an organization's efforts to generate revenue. This includes things such as research and development, marketing, and administrative costs.

The financial gain that is achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity. Often referred to as the "bottom line", as it's typically the final line on a company's income statement.
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