Financial Summary (All financials)
In millions, except per share items | May-31-22 | May-31-21 | May-31-20 | May-31-19 | May-31-18 | May-31-17 | May-31-16 | May-31-15 |
Revenues | 42,440 | 40,479 | 39,068 | 39,506 | 39,383 | 37,792 | 37,047 | 38,226 |
Revenue growth | 4.8% | 3.6% | -1.1% | 0.3% | 4.2% | 2.0% | -3.1% | -0.1% |
Cost of goods sold | 8,877 | 7,855 | 7,938 | 7,995 | 8,060 | 7,452 | 2,751 | 4,128 |
Gross profit | 33,563 | 32,624 | 31,130 | 31,511 | 31,323 | 30,340 | 34,296 | 34,098 |
Gross margin | 79.1% | 80.6% | 79.7% | 79.8% | 79.5% | 80.3% | 92.6% | 89.2% |
Sales and marketing | 8,047 | 7,682 | 8,094 | 8,509 | 8,433 | 8,085 | 7,884 | 7,655 |
Research and development | 7,219 | 6,527 | 6,067 | 6,026 | 6,084 | 6,153 | 5,787 | 5,524 |
General and administrative | 1,317 | 1,254 | 1,181 | 1,265 | 1,282 | 1,172 | 1,155 | 1,077 |
EBITA | 16,980 | 17,161 | 15,788 | 15,711 | 15,524 | 14,930 | 14,742 | 16,438 |
EBITA margin | 40.0% | 42.4% | 40.4% | 39.8% | 39.4% | 39.5% | 39.8% | 43.0% |
Amortization of intangibles | 1,150 | 1,379 | 1,586 | 1,689 | 1,620 | 1,451 | 1,638 | 2,149 |
EBIT | 15,830 | 15,782 | 14,202 | 14,022 | 13,904 | 13,479 | 13,104 | 14,289 |
EBIT margin | 37.3% | 39.0% | 36.4% | 35.5% | 35.3% | 35.7% | 35.4% | 37.4% |
Pre-tax income | 7,649 | 12,999 | 12,063 | 9,898 | 12,424 | 11,680 | 11,442 | 12,834 |
Income taxes | 932 | -747 | 1,928 | -1,185 | 8,837 | 2,228 | 2,541 | 2,896 |
Tax rate | 12.2% | | 16.0% | | 71.1% | 19.1% | 22.2% | 22.6% |
Net income | 6,717 | 13,746 | 10,135 | 11,083 | 3,587 | 9,452 | 8,901 | 9,938 |
Net margin | 15.8% | 34.0% | 25.9% | 28.1% | 9.1% | 25.0% | 24.0% | 26.0% |
|
Diluted EPS | $2.41 | $4.55 | $3.08 | $2.97 | $0.85 | $2.24 | $2.07 | $2.21 |
Shares outstanding (diluted) | 2,786 | 3,022 | 3,294 | 3,732 | 4,238 | 4,217 | 4,305 | 4,503 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|