Net income growth from 2002 to 2023

Microsoft's net income saw a substantial increase over two decades, growing from $5.36 billion in 2002 to $72.36 billion in 2023. This growth represents a more than thirteenfold increase, illustrating Microsoft's expanding profitability and success in adapting to market changes over time.

Significant jumps in net income

Between 2018 and 2019, Microsoft's net income saw a dramatic rise, jumping from $16.57 billion to $39.24 billion. This increase signifies a pivotal moment in Microsoft's financial history, reflecting potentially strategic shifts or market successes that greatly enhanced profitability.

Comparison of recent years

In the most recent years, Microsoft's net income demonstrated a slight fluctuation, peaking at $72.74 billion in 2022 before slightly declining to $72.36 billion in 2023. These numbers indicate a stabilization of growth at a high level of profitability.

Analysis of early years' net income

During the initial years covered by the data, from 2002 to 2006, Microsoft's net income experienced consistent growth, starting at $5.36 billion in 2002 and increasing to $12.60 billion by 2006. This steady rise reflects the company's growing dominance in the tech industry during the early 21st century.

Decade comparison: 2002-2011 versus 2012-2023

Comparing the first and second halves of the provided timeline, Microsoft's net income in the first decade (2002-2011) increased by approximately $17.79 billion, from $5.36 billion to $23.15 billion. In contrast, from 2012 to 2023, it surged by $49.21 billion, from $16.98 billion to $72.36 billion, highlighting a significantly accelerated growth rate in the latter period.

Lowest to highest net income transition

The data showcases Microsoft's journey from its lowest recorded net income of $5.36 billion in 2002 to its highest of $72.74 billion in 2022. This transition not only underscores the company's financial resilience but also its ability to capture and capitalize on emerging tech trends.