Financial Summary (All financials)
| In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 |
| Revenues | 211,915.0 | 198,270.0 | 168,088.0 | 143,015.0 | 125,843.0 | 110,360.0 | 96,571.0 | 91,154.0 |
| Revenue growth | 6.9% | 18.0% | 17.5% | 13.6% | 14.0% | 14.3% | 5.9% | -2.6% |
| Cost of goods sold | 65,863.0 | 62,650.0 | 52,232.0 | 46,078.0 | 42,910.0 | 38,353.0 | 34,261.0 | 32,780.0 |
| Gross profit | 146,052.0 | 135,620.0 | 115,856.0 | 96,937.0 | 82,933.0 | 72,007.0 | 62,310.0 | 58,374.0 |
| Gross margin | 68.9% | 68.4% | 68.9% | 67.8% | 65.9% | 65.2% | 64.5% | 64.0% |
| Sales and marketing | 22,759.0 | 21,825.0 | 20,117.0 | 19,598.0 | 18,213.0 | 17,469.0 | 15,461.0 | 14,635.0 |
| Research and development | | | | 19,269.0 | 16,876.0 | 14,726.0 | 13,037.0 | 11,988.0 |
| General and administrative | | | | 5,111.0 | 4,885.0 | 4,754.0 | 4,481.0 | 4,563.0 |
| EBITA | 94,299.0 | 87,949.0 | 75,888.0 | 54,559.0 | 44,859.0 | 37,258.0 | 31,031.0 | 28,166.0 |
| EBITA margin | 44.5% | 44.4% | 45.1% | 38.1% | 35.6% | 33.8% | 32.1% | 30.9% |
| Amortization of intangibles | 2,500.0 | 2,000.0 | 1,600.0 | 1,600.0 | 1,900.0 | 2,200.0 | 1,700.0 | 978.0 |
| EBIT | 91,799.0 | 85,949.0 | 74,288.0 | 52,959.0 | 42,959.0 | 35,058.0 | 29,331.0 | 27,188.0 |
| EBIT margin | 43.3% | 43.3% | 44.2% | 37.0% | 34.1% | 31.8% | 30.4% | 29.8% |
| Pre-tax income | 89,311.0 | 83,716.0 | 71,102.0 | 53,036.0 | 43,688.0 | 36,474.0 | 29,901.0 | 25,639.0 |
| Income taxes | 16,950.0 | 10,978.0 | 9,831.0 | 8,755.0 | 4,448.0 | 19,903.0 | 4,412.0 | 5,100.0 |
| Tax rate | 19.0% | 13.1% | 13.8% | 16.5% | 10.2% | 54.6% | 14.8% | 19.9% |
| Net income | 72,361.0 | 72,738.0 | 61,271.0 | 44,281.0 | 39,240.0 | 16,571.0 | 25,489.0 | 20,539.0 |
| Net margin | 34.1% | 36.7% | 36.5% | 31.0% | 31.2% | 15.0% | 26.4% | 22.5% |
| |
| Diluted EPS | $9.68 | $9.65 | $8.05 | $5.76 | $5.06 | $2.13 | $3.25 | $2.56 |
| Shares outstanding (diluted) | 7,472.0 | 7,540.0 | 7,608.0 | 7,683.0 | 7,753.0 | 7,794.0 | 7,832.0 | 8,013.0 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|