Financials · MSFT

Microsoft Corporation (MSFT) financials

For the twelve months ended Sep 30, 2026, Microsoft Corporation reported $346.44B of revenue and $142.63B of net income.

Revenue, TTM
$346.44B
Revenue growth, YoY
+17.9%
Net income, TTM
$142.63B
Net income growth, YoY
+36.0%
Net margin
41.2%
Free cash flow, TTM
$59.96B
EPS, diluted, TTM
$19.15
EPS growth, YoY
+36.2%
Cash
$20.28B
Total debt
$35.48B
P/E
27.63
P/S
11.37
Market cap
$3.94T
Annual revenue$331.84B
FY2017FY2026
Annual net income$133.75B
FY2017FY2026
Annual free cash flow$66.99B
FY2017FY2026

MSFT revenue and earnings growth

MSFT revenueQ1 2027$92.28B

Quarter YoY
+18.8%
QoQ
+2.5%
FY YoY
+17.8%
5Y CAGR
+14.6%
10Y CAGR
+13.8%

MSFT revenue was $92.28B in fiscal Q1 2027 (ended Sep 30, 2026), up 18.8% from a year earlier and up 2.5% from the prior quarter. For the full fiscal 2026 it was $331.84B, up 17.8% from fiscal 2025. Compound annual growth was +14.6% over 5 years and +13.8% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

MSFT net incomeQ1 2027$36.63B

Quarter YoY
+32.0%
QoQ
+2.4%
FY YoY
+31.3%
5Y CAGR
+16.9%
10Y CAGR
+20.6%

MSFT net income was $36.63B in fiscal Q1 2027 (ended Sep 30, 2026), up 32.0% from a year earlier and up 2.4% from the prior quarter. For the full fiscal 2026 it was $133.75B, up 31.3% from fiscal 2025. Compound annual growth was +16.9% over 5 years and +20.6% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

MSFT EPSQ1 2027$4.92

Quarter YoY
+32.3%
QoQ
+2.5%
FY YoY
+31.6%
5Y CAGR
+17.4%
10Y CAGR
+21.5%

MSFT diluted EPS was $4.92 in fiscal Q1 2027 (ended Sep 30, 2026), up 32.3% from a year earlier and up 2.5% from the prior quarter. For the full fiscal 2026 it was $17.95, up 31.6% from fiscal 2025. Compound annual growth was +17.4% over 5 years and +21.5% over 10 years.

MSFT free cash flowQ1 2027$18.63B

Quarter YoY
-27.4%
QoQ
-5.1%
FY YoY
-6.5%
5Y CAGR
+3.6%
10Y CAGR
+10.4%

MSFT free cash flow was $18.63B in fiscal Q1 2027 (ended Sep 30, 2026), down 27.4% from a year earlier and down 5.1% from the prior quarter. For the full fiscal 2026 it was $66.99B, down 6.5% from fiscal 2025. Compound annual growth was +3.6% over 5 years and +10.4% over 10 years. It rose in 7 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue$331.84B$281.72B$245.12B$211.91B$198.27B$168.09B$143.01B$125.84B$110.36B$96.57B
Cost of revenue$106.37B$87.83B$74.11B$65.86B$62.65B$52.23B$46.08B$42.91B$38.35B$34.26B
Gross profit$225.47B$193.89B$171.01B$146.05B$135.62B$115.86B$96.94B$82.93B$72.01B$62.31B
Research and development$35.56B$32.49B$29.51B$27.20B$24.51B$20.72B$19.27B$16.88B$14.73B$13.04B
Selling, general and admin$7.96B$7.22B$7.61B$7.58B$5.90B$5.11B$5.11B$4.88B$4.75B$4.48B
Operating income$155.24B$128.53B$109.43B$88.52B$83.38B$69.92B$52.96B$42.96B$35.06B$29.02B
Interest expense$3.05B$2.38B$2.94B$1.97B$2.06B$2.35B$2.59B$2.69B$2.73B$2.22B
Pre-tax income$165.93B$123.63B$107.79B$89.31B$83.72B$71.10B$53.04B$43.69B$36.47B$29.90B
Income tax$32.19B$21.80B$19.65B$16.95B$10.98B$9.83B$8.76B$4.45B$19.90B$4.41B
Net income$133.75B$101.83B$88.14B$72.36B$72.74B$61.27B$44.28B$39.24B$16.57B$25.49B
EPS, basic$18.00$13.70$11.86$9.72$9.70$8.12$5.82$5.11$2.15$3.29
EPS, diluted$17.95$13.64$11.80$9.68$9.65$8.05$5.76$5.06$2.13$3.25
Diluted shares7.45B7.46B7.47B7.47B7.54B7.61B7.68B7.75B7.79B7.83B

Balance sheet

Balance sheet
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Cash and equivalents$20.93B$30.24B$18.32B$34.70B$13.93B$14.22B$13.58B$11.36B$11.95B$7.66B
Short-term investments$55.91B$64.32B$57.23B$76.56B$90.83B$116.11B$122.95B$122.46B$121.82B-
Receivables$80.88B$69.91B$56.92B$48.69B$44.26B$38.04B$32.01B$29.52B$26.48B$22.43B
Inventory$1.40B$938.00M$1.25B$2.50B$3.74B$2.64B$1.90B$2.06B$2.66B$2.18B
Current assets$207.71B$191.13B$159.73B$184.26B$169.68B$184.41B$181.91B$175.55B$169.66B$162.70B
Goodwill$119.65B$119.51B$119.22B$67.89B$67.52B$49.71B$43.35B$42.03B$35.68B$35.12B
Total assets$758.38B$619.00B$512.16B$411.98B$364.84B$333.78B$301.31B$286.56B$258.85B$250.31B
Current liabilities$168.82B$141.22B$125.29B$104.15B$95.08B$88.66B$72.31B$69.42B$58.49B$55.74B
Short-term debt$9.23B$3.00B$2.25B$5.25B$2.75B$8.07B$3.75B$5.52B$4.00B$1.05B
Long-term debt$31.07B$40.15B$42.69B$41.99B$47.03B$50.07B$59.58B$66.66B$72.24B$76.07B
Total debt$40.29B$43.15B$44.94B$47.24B$49.78B$58.15B$63.33B$72.18B$76.24B$77.12B
Total liabilities$315.99B$275.52B$243.69B$205.75B$198.30B$191.79B$183.01B$184.23B$176.13B$162.60B
Shareholders' equity$442.39B$343.48B$268.48B$206.22B$166.54B$141.99B$118.30B$102.33B$82.72B$87.71B

Cash flow

Cash flow
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Operating cash flow$182.94B$136.16B$118.55B$87.58B$89.03B$76.74B$60.67B$52.19B$43.88B$39.51B
Capital expenditures$115.95B$64.55B$44.48B$28.11B$23.89B$20.62B$15.44B$13.93B$11.63B$8.13B
Free cash flow$66.99B$71.61B$74.07B$59.48B$65.15B$56.12B$45.23B$38.26B$32.25B$31.38B
Investing cash flow-$139.50B-$72.60B-$96.97B-$22.68B-$30.31B-$27.58B-$12.22B-$15.77B-$6.06B-$46.78B
Financing cash flow-$52.55B-$51.70B-$37.76B-$43.94B-$58.88B-$48.49B-$46.03B-$36.89B-$33.59B$8.41B
Dividends paid$26.45B$24.08B$21.77B$19.80B$18.14B$16.52B$15.14B$13.81B$12.70B$11.85B
Share repurchases$22.27B$18.42B$17.25B$22.25B$32.70B$27.39B$22.97B$19.54B$10.72B$11.79B
Stock-based compensation$12.40B$11.97B$10.73B$9.61B$7.50B$6.12B$5.29B$4.65B$3.94B$3.27B

Key ratios

Key ratios
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue growth, YoY17.8%14.9%15.7%6.9%18.0%17.5%13.6%14.0%14.3%5.9%
Net income growth, YoY31.3%15.5%21.8%-0.5%18.7%38.4%12.8%136.8%-35.0%24.1%
EPS growth, YoY31.6%15.6%21.9%0.3%19.9%39.8%13.8%137.6%-34.5%27.0%
Gross margin67.9%68.8%69.8%68.9%68.4%68.9%67.8%65.9%65.2%64.5%
Operating margin46.8%45.6%44.6%41.8%42.1%41.6%37.0%34.1%31.8%30.1%
Net margin40.3%36.1%36.0%34.1%36.7%36.5%31.0%31.2%15.0%26.4%
Free cash flow margin20.2%25.4%30.2%28.1%32.9%33.4%31.6%30.4%29.2%32.5%
Return on equity30.2%29.6%32.8%35.1%43.7%43.2%37.4%38.3%20.0%29.1%
Return on assets17.6%16.5%17.2%17.6%19.9%18.4%14.7%13.7%6.4%10.2%
Current ratio1.231.351.271.771.782.082.522.532.902.92
Debt to equity0.090.130.170.230.300.410.540.710.920.88

Source: XBRL data Microsoft Corporation files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MSFT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MSFT$346.44B+17.9%$142.63B41.2%$3.94T
PLTR$7.29B+87.1%$3.67B50.3%$386.44B
ORCL$71.78B+21.6%$18.92B26.4%$351.04B
SAP€36.80B+7.7%€7.16B19.5%$286.79B
CRWD$5.40B+24.3%$58.46M1.1%$222.09B
SHOP$14.17B+32.5%$2.13B15.0%$191.58B
CRM$43.94B+11.2%$9.66B22.0%$175.83B
NOW$15.43B+21.8%$1.45B9.4%$105.84B
SNOW$5.43B+32.0%-$1.09B-20.1%$97.33B

MSFT FAQ

9 questions
  • What is MSFT revenue?
    Microsoft Corporation (MSFT) reported $346.44B of revenue for the twelve months ended Sep 30, 2026. That is up 17.9% from the year before. Revenue for fiscal 2026 was $331.84B.
  • Is MSFT profitable?
    Yes. Microsoft Corporation earned $142.63B in net income for the twelve months ended Sep 30, 2026, a net margin of 41.2%.
  • How much cash and debt does MSFT have?
    Microsoft Corporation reported $20.28B in cash and cash equivalents and $35.48B of debt on its most recent balance sheet in SEC filings.
  • How fast is MSFT revenue growing?
    Microsoft Corporation's revenue changed +17.8% in fiscal 2026, to $331.84B. Its compound annual growth rate was +14.6% over 5 years and +13.8% over 10 years.
  • What is MSFT gross margin?
    Microsoft Corporation's gross profit was $234.39B on $346.44B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 67.7%.
  • What is MSFT free cash flow?
    Microsoft Corporation generated $59.96B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $195.88B less capital expenditures.
  • What is MSFT earnings per share?
    Diluted earnings per share were $19.15 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MSFT last report financial results?
    The latest statements here come from Microsoft Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this MSFT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Microsoft Corporation files with the SEC. It is provided for information only and is not investment advice.