Microsoft: calculating FY2024 operating margin

How much of revenue became operating income?

Historical educational example, checked against the issuer’s release. This is an editorial calculation, not a recorded agent session or a current company assessment.

Company
Microsoft (MSFT)
Period ended
FY2024 · 2024-06-30
Source published
2024-07-30
Editorial verification
2026-09-07

Evidence and calculation

Unit: USD millions. Basis: reported GAAP.

Inputs transcribed from the source
Revenue245,122
Operating income109,433

109,433 / 245,122 × 100 = 44.64%

Open the primary source

Fiscal year reconciliation: 2024 As Reported (GAAP), twelve months ended June 30

What the calculation tells us

Divide GAAP operating income by revenue for the same fiscal year, both in USD millions. The calculated margin is about 44.64%.

Limits

Margin is neither growth nor net income. The release also contains adjusted figures; this calculation uses only the 2024 GAAP row.