Microsoft Corporation

MSFT Technology Software Infrastructure

Microsoft Corporation’s revenue for fiscal 2026 (year ended June 2026) was $331.8 billion, up 17.8% from fiscal 2025.

Revenue
+18.8%
EPS
+32.2%
Free cash flow
−27.4%
Total debt
−17.9%

Quarter to September 2026, against a year earlier

537.10 18.70 −3.36%
Market cap
$3.98T
P/E
28.0×
Fwd P/E
26.2×
Dividend yield
0.68%
F-score
6/9
Altman Z
7.04
Beneish M
−2.62
Dividend safety
93/100

Microsoft Corporation (MSFT) Gross margin

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Microsoft Corporation's gross margin over the twelve months to 30 September 2026 was 67.7%, down 0.3 percentage points from fiscal 2026 (67.9%). Over the past ten years it has ranged from 64.0% (fiscal 2016) to 69.8% (fiscal 2024); the current reading is higher than 58% of that period. That is above the Software Infrastructure industry median of 57.5% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 67.9% (0.88)
FY2025 68.8% (0.94)
FY2024 69.8% 0.84
FY2023 68.9% 0.52
FY2022 68.4% (0.53)
FY2021 68.9% 1.15
FY2020 67.8% 1.88
FY2019 65.9% 0.65
FY2018 65.3% 0.73
FY2017 64.5% 0.48

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 67.8% 0.59
Jun 2026 67.2% (0.43)
Mar 2026 67.6% (0.41)
Dec 2025 68.0% (1.01)
43 more quarters

Against its own ten years

Low 64.0% High 69.8%
Ten-year median 67.9%
Current reading's percentile 37

Gross margin against peers

Company Gross margin
PLTR Palantir Technologies Inc. compare 84.7%
FTNT Fortinet, Inc. compare 79.8%
CRWD CrowdStrike compare 75.2%
SNPS Synopsys, Inc. compare 72.4%
NET Cloudflare, Inc. compare 71.9%
PANW Palo Alto Networks, Inc. compare 70.4%
MSFT Microsoft Corporation 67.7%
ORCL Oracle Corporation compare 64.0%
XYZ Block, Inc. compare 47.5%
Software Infrastructure industry median 57.5%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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