Microsoft Corporation MSFT

516.17 18.24 3.66% as of 25 Sep
Market cap
$3.68T
P/E
28.7×
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Microsoft Corporation (MSFT) Gross margin

Microsoft Corporation's gross margin over the twelve months to 30 June 2026 was 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 61.2% and above the Technology sector median of 47.2%.

Gross margin, annual

Annual

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

Period Gross margin Change (points)
Jun 2026 67.2% (0.43)
Mar 2026 67.6% (0.41)
Dec 2025 68.0% (1.01)
Sep 2025 69.1% 0.47
42 more quarters

Against its own ten years

Low 64.0% High 69.8%
Ten-year median 67.9%
Current reading's percentile 58

Gross margin against peers

Company Gross margin
PLTR Palantir Technologies Inc. compare 84.8%
FTNT Fortinet, Inc. compare 80.2%
CRWD CrowdStrike compare 75.2%
NBIS Nebius Group N.V. compare 74.3%
NET Cloudflare, Inc. compare 72.6%
SNPS Synopsys, Inc. compare 72.4%
PANW Palo Alto Networks, Inc. compare 70.4%
MSFT Microsoft Corporation 67.9%
ORCL Oracle Corporation compare 64.0%
Software Infrastructure industry median 61.2%
Technology sector median 47.2%
Market median 46.3%

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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